EX-12.F 7 exhibit12fq115.htm EXHIBIT 12.F Exhibit 12(f) Q1 15


Exhibit 12(f)
 
 
 
 
 
 
 
 
Entergy Texas, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2010
2011
2012
2013
2014
2015
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest charges
$
95,272

$
93,554

$
96,035

$
92,156

$
88,049

$
86,384

  Interest applicable to rentals
3,178

3,497

2,750

1,918

1,782

1,672

 
 
 
 
 
 
 
Total fixed charges, as defined
$
98,450

$
97,051

$
98,785

$
94,074

$
89,831

$
88,056

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
66,200

$
80,845

$
41,971

$
57,881

$
74,804

$
78,230

  Add:
 
 
 
 
 
 
    Income Taxes
42,383

49,492

33,118

30,108

49,644

49,436

    Fixed charges as above
98,450

97,051

98,785

94,074

89,831

88,056

 
 
 
 
 
 
 
Total earnings, as defined
$
207,033

$
227,388

$
173,874

$
182,063

$
214,279

$
215,722

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
2.10

2.34

1.76

1.94

2.39

2.45