EX-12.(E) 7 exhibit12eq218.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
 
Six Months Ended
 
December 31,
 
June 30,
 
2013
2014
2015
2016
2017
 
2018
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total Interest charges

$92,156


$88,049


$86,024


$87,776


$86,719

 

$43,886

  Interest applicable to rentals
1,918

1,782

1,794

1,145

1,421

 
590

 
 
 
 
 
 
 
 
Total fixed charges, as defined

$94,074


$89,831


$87,818


$88,921


$88,140

 

$44,476

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
  Net Income

$57,881


$74,804


$69,625


$107,538


$76,173

 

$48,139

  Add:
 
 
 
 
 
 
 
    Income Taxes
30,108

49,644

37,250

63,097

48,481

 
13,634

    Fixed charges as above
94,074

89,831

87,818

88,921

88,140

 
44,476

 
 
 
 
 
 
 
 
Total earnings, as defined

$182,063


$214,279


$194,693


$259,556


$212,794

 

$106,249

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
1.94

2.39

2.22

2.92

2.41

 
2.39