EX-12.(C) 5 exhibit12cq218.htm EXHIBIT 12.(C) Exhibit

 Exhibit 12(c) Entergy Mississippi, Inc. Computation of Ratios of Earnings to Fixed Charges and Ratios of Earnings to Combined Fixed Charges and Preferred Dividends Twelve Months Ended Six Months Ended December 31, June 30, 2013 2014 2015 2016 2017 2018 Fixed charges, as defined: Total interest \$59,031 \$57,002 \$57,842 \$57,114 \$51,260 \$27,966 Interest applicable to rentals 1,148 1,498 1,765 1,269 1,440 781 Total fixed charges, as defined 60,179 58,500 59,607 58,383 52,700 28,747 Preferred dividends, as defined (a) 4,580 4,580 4,580 3,956 1,543 636 Combined fixed charges and preferred dividends, as defined \$64,759 \$63,080 \$64,187 \$62,339 \$54,243 \$29,383 Earnings as defined: Net income \$82,159 \$74,821 \$92,708 \$109,184 \$110,032 \$61,085 Add: Provision for income taxes Total income taxes 49,757 55,710 61,872 63,854 73,919 (107,559 ) Fixed charges as above 60,179 58,500 59,607 58,383 52,700 28,747 Total earnings, as defined \$192,095 \$189,031 \$214,187 \$231,421 \$236,651 (\$17,727 ) Ratio of earnings to fixed charges, as defined 3.19 3.23 3.59 3.96 4.49 — (b) Ratio of earnings to combined fixed charges and preferred dividends, as defined 2.97 3.00 3.34 3.71 4.36 — (c) _______________ (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. (b) Earnings, as defined, for the six months ended June 30, 2018 were \$46.5 million less than fixed charges, as defined. (c) Earnings, as defined, for the six months ended June 30, 2018 were \$47.1 million less than fixed charges, as defined.