EX-12.G 12 exhibit12gq3.htm EXHIBIT Exhibit 12(g) Q3


Exhibit 12(g)
 
 
 
 
 
 
 
 
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2009
2010
2011
2012
2013
2014
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest
$
47,570

$
51,912

$
48,117

$
45,214

$
38,173

$
52,864

  Interest applicable to rentals
5,885

634

684

655

974

922

 
 
 
 
 
 
 
Total fixed charges, as defined
$
53,455

$
52,546

$
48,801

$
45,869

$
39,147

$
53,786

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
48,908

$
82,624

$
64,197

$
111,866

$
113,664

$
100,099

  Add:
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
      Total
96,901

56,049

74,953

77,115

68,853

79,897

    Fixed charges as above
53,455

52,546

48,801

45,869

39,147

53,786

 
 
 
 
 
 
 
Total earnings, as defined
$
199,264

$
191,219

$
187,951

$
234,850

$
221,664

$
233,782

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.73

3.64

3.85

5.12

5.66

4.35