EX-12.D 7 exhibit12dq118.htm EXHIBIT 12.D Exhibit


Exhibit 12(d)
 
 
 
 
 
 
 
 
 
Entergy New Orleans, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
 
 
 
 
 
 
 
 
 
Twelve Months Ended
 
Three Months Ended
 
December 31,
 
March 31,
 
2013
2014
2015
2016
2017
 
2018
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total interest

$16,892


$16,820


$17,312


$21,061


$21,281

 

$5,279

  Interest applicable to rentals
635

620

676

422

955

 
259

 
 
 
 
 
 
 
 
Total fixed charges, as defined
17,527

17,440

17,988

21,483

22,236

 
5,538

 
 
 
 
 
 
 
 
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

 

$5,538

 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Net income

$12,608


$31,030


$44,925


$48,849


$44,553

 

$10,882

  Add:
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
     Total
2,277

13,450

25,190

28,705

33,278

 
2,629

    Fixed charges as above
17,527

17,440

17,988

21,483

22,236

 
5,538

 
 
 
 
 
 
 
 
Total earnings, as defined

$32,412


$61,920


$88,103


$99,037


$100,067

 

$19,049

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
1.85

3.55

4.90

4.61

4.50

 
3.44

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

3.26

4.50

4.30

4.24

 
3.44

 
 
 
 
 
 
 
 
_________________
 
 
 
 
 
 
 
(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.