EX-12.B 17 etr-12312013x10kexx12b.htm EXHIBIT ETR-12.31.2013-10Kex - 12(b)


 
 
 
 
Exhibit 12(b)
 
 
 
 
 
 
Entergy Gulf States Louisiana, L.L.C.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2009
2010
2011
2012
2013
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
  Total Interest charges
$
118,243

$
101,318

$
84,356

$
83,251

$81,118
  Interest applicable to rentals
3,767

2,204

2,309

2,074

1,902
     
 
 
 
 
 
Total fixed charges, as defined
122,010

103,522

86,665

85,325

83,020
     
 
 
 
 
 
Preferred dividends, as defined (a)
1,306

1,006

1,341

1,341

1,341
     
 
 
 
 
 
Combined fixed charges and preferred dividends, as defined
$
123,316

$
104,528

$
88,006

$
86,666

$84,361
     
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
  Net Income
$
153,281

$
174,319

$
201,604

$
158,977

$161,662
  Add:
 
 
 
 
 
    Income Taxes
88,951

92,297

89,736

52,616

56,819
    Fixed charges as above
122,010

103,522

86,665

85,325

83,020
     
 
 
 
 
 
Total earnings, as defined
$
364,242

$
370,138

$
378,005

$
296,918

$301,501
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
2.99

3.58

4.36

3.48

3.63
     
 
 
 
 
 
Ratio of earnings to combined fixed charges and
 
 
 
 
 
 preferred dividends, as defined
2.95

3.54

4.30

3.43

3.57
 
 
 
 
 
 
_______________________
 
 
 
 
 
(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.