EX-12.(F) 8 exhibit12fq218.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
 
Six Months Ended
 
December 31,
 
June 30,
 
2013
2014
2015
2016
2017
 
2018
 
 
 
 
 
 
 
 
Fixed charges, as defined:
 
 
 
 
 
 
 
  Total Interest

$38,173


$58,384


$45,532


$37,529


$37,141

 

$18,981

  Interest applicable to rentals
974

799

1,091

654

853

 
375

 
 
 
 
 
 
 
 
Total fixed charges, as defined

$39,147


$59,183


$46,623


$38,183


$37,994

 

$19,356

 
 
 
 
 
 
 
 
Earnings as defined:
 
 
 
 
 
 
 
  Net Income

$113,664


$96,334


$111,318


$96,744


$78,596

 

$45,695

  Add:
 
 
 
 
 
 
 
    Provision for income taxes:
 
 
 
 
 
 
 
      Total
68,853

83,310

53,077

71,061

69,969

 
2,802

    Fixed charges as above
39,147

59,183

46,623

38,183

37,994

 
19,356

 
 
 
 
 
 
 
 
Total earnings, as defined

$221,664


$238,827


$211,018


$205,988


$186,559

 

$67,853

 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges, as defined
5.66

4.04

4.53

5.39

4.91

 
3.51