EX-12.F 9 exhibit12fq118.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
 
Three Months Ended
 
December 31,
 
March 31,
 
2013
2014
2015
2016
2017
 
2018
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total Interest

$38,173


$58,384


$45,532


$37,529


$37,141

 

$9,325

  Interest applicable to rentals
974

799

1,091

654

853

 
212

 
 
 
 
 
 
 
 
Total fixed charges, as defined

$39,147


$59,183


$46,623


$38,183


$37,994

 

$9,537

 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
  Net Income

$113,664


$96,334


$111,318


$96,744


$78,596

 

$22,308

  Add:
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
      Total
68,853

83,310

53,077

71,061

69,969

 
7,650

    Fixed charges as above
39,147

59,183

46,623

38,183

37,994

 
9,537

 
 
 
 
 
 
 
 
Total earnings, as defined

$221,664


$238,827


$211,018


$205,988


$186,559

 

$39,495

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
5.66

4.04

4.53

5.39

4.91

 
4.14