EX-12.(F) 19 a10kex-12f2015.htm EXHIBIT 12.(F) Exhibit


 
 
 
Exhibit 12(f)
 
 
 
 
 
 
 
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
 
 
 
 
 
 
 
Twelve Months Ended
 
December 31,
 
2011
2012
2013
2014
2015
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
  Total Interest
$
48,117

$
45,214

$
38,173

$
58,384

$
45,532

  Interest applicable to rentals
684

655

974

799

1,091

 
 
 
 
 
 
Total fixed charges, as defined
$
48,801

$
45,869

$
39,147

$
59,183

$
46,623

 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
  Net Income
$
64,197

$
111,866

$
113,664

$
96,334

$
111,318

  Add:
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
      Total
74,953

77,115

68,853

83,310

53,077

    Fixed charges as above
48,801

45,869

39,147

59,183

46,623

 
 
 
 
 
 
Total earnings, as defined
$
187,951

$
234,850

$
221,664

$
238,827

$
211,018

 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
3.85

5.12

5.66

4.04

4.53