EX-12.(E) 11 exhibit12eq116.htm EXHIBIT 12.(E) Exhibit


Exhibit 12(e)
 
 
 
 
 
 
 
 
Entergy Texas, Inc. and Subsidiaries
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
Twelve Months Ended
 
December 31,
March 31,
 
2011
2012
2013
2014
2015
2016
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
  Total Interest charges
$
93,554

$
96,035

$
92,156

$
88,049

$
86,024

$
86,629

  Interest applicable to rentals
3,497

2,750

1,918

1,782

1,794

1,833

 
 
 
 
 
 
 
Total fixed charges, as defined
$
97,051

$
98,785

$
94,074

$
89,831

$
87,818

$
88,462

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
  Net Income
$
80,845

$
41,971

$
57,881

$
74,804

$
69,625

$
67,596

  Add:
 
 
 
 
 
 
    Income Taxes
49,492

33,118

30,108

49,644

37,250

37,858

    Fixed charges as above
97,051

98,785

94,074

89,831

87,818

88,462

 
 
 
 
 
 
 
Total earnings, as defined
$
227,388

$
173,874

$
182,063

$
214,279

$
194,693

$
193,916

 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
2.34

1.76

1.94

2.39

2.22

2.19