EX-12.G 8 exhibit12gq115.htm EXHIBIT 12.G Exhibit 12(g) Q1 15


Exhibit 12(g)
 
 
 
 
 
 
 
 
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2010
2011
2012
2013
2014
2015
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest
$
51,912

$
48,117

$
45,214

$
38,173

$
58,384

$
57,150

  Interest applicable to rentals
634

684

655

974

799

943

 
 
 
 
 
 
 
Total fixed charges, as defined
$
52,546

$
48,801

$
45,869

$
39,147

$
59,183

$
58,093

 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
82,624

$
64,197

$
111,866

$
113,664

$
96,334

$
97,248

  Add:
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
      Total
56,049

74,953

77,115

68,853

83,310

79,769

    Fixed charges as above
52,546

48,801

45,869

39,147

59,183

58,093

 
 
 
 
 
 
 
Total earnings, as defined
$
191,219

$
187,951

$
234,850

$
221,664

$
238,827

$
235,110

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.64

3.85

5.12

5.66

4.04

4.05