EX-12.D 42 a10kex-12d2017.htm EXHIBIT 12.D Exhibit


 
 
 
 
 
Exhibit 12(d)
 
 
 
 
 
 
 
 
 
 
 
Entergy New Orleans, LLC
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
 
 
Twelve Months Ended
 
December 31,
 
2013
 
2014
 
2015
 
2016
 
2017
 
 
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
 
 
  Total Interest

$16,892

 

$16,820

 

$17,312

 

$21,061

 

$21,281

  Interest applicable to rentals
635

 
620

 
676

 
422

 
955

 
 
 
 
 
 
 
 
 
 
Total fixed charges, as defined
17,527

 
17,440

 
17,988

 
21,483

 
22,236

 
 
 
 
 
 
 
 
 
 
Preferred dividends, as defined (a)
1,569

 
1,569

 
1,569

 
1,569

 
1,367

 
 
 
 
 
 
 
 
 
 
Combined fixed charges and preferred dividends, as defined

$19,096

 

$19,009

 

$19,557

 

$23,052

 

$23,603

 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Net Income

$12,608

 

$31,030

 

$44,925

 

$48,849

 

$44,553

  Add:
 
 
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
 
 
     Total
2,277

 
13,450

 
25,190

 
28,705

 
33,278

    Fixed charges as above
17,527

 
17,440

 
17,988

 
21,483

 
22,236

 
 
 
 
 
 
 
 
 
 
Total earnings, as defined

$32,412

 

$61,920

 

$88,103

 

$99,037

 

$100,067

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined (b)
1.85

 
3.55

 
4.90

 
4.61

 
4.50

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to combined fixed charges and
 
 
 
 
 
 
 
 
 
 preferred dividends, as defined
1.70

 
3.26

 
4.50

 
4.30

 
4.24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
_________________
 
 
 
 
 
 
 
 
 
(a) "Preferred dividends," as defined by SEC regulation S-K, are computed by dividing the preferred dividend
      requirement by one hundred percent (100%) minus the income tax rate.