EX-12 9 a12e.htm
           Exhibit 12(e)
             
Entergy New Orleans, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
             
  Twelve Months Ended
  December 31, March 31,
  2002 2003 2004 2005 2006 2007
             
Fixed charges, as defined:            
  Total Interest $27,950  $17,786  $16,610 $13,555 $19,329 $24,558
  Interest applicable to rentals 1,043  910  644 426 527 306
             
Total fixed charges, as defined 28,993  18,696  17,254 13,981 19,856 24,864
             
Preferred dividends, as defined (a) 2,736  1,686  1,545 1,172 2,501 2,858
             
Combined fixed charges and preferred dividends, as defined $31,729  $20,382  $18,799 $15,153 $22,357 $27,722
             
Earnings as defined:            
             
  Net Income ($230) $7,859  $28,072 $1,250 $5,344 2,851
  Add:            
    Provision for income taxes:            
    Total (422) 5,875  16,868 1,790 5,051 3,178
    Fixed charges as above 28,993  18,696  17,254 13,981 19,856 24,864
             
Total earnings, as defined $28,341  $32,430  $62,194 $17,021 $30,251 $30,893
             
Ratio of earnings to fixed charges, as defined (b) 0.98  1.73  3.60 1.22 1.52 1.24
             
Ratio of earnings to combined fixed charges and            
preferred dividends, as defined (b) 0.89  1.59  3.31 1.12 1.35 1.11
             
             
------------------------            
(a) "Preferred dividends," as defined by SEC regulation S-K, are computed by dividing the preferred dividend requirement by one hundred percent (100%) minus the income tax rate. 
             
(b) For Entergy New Orleans, earnings for the twelve months ended December 31, 2002 were not adequate to cover combined fixed charges and preferred dividends by $0.7 million and $3.4 million, respectively.