Entergy Louisiana, LLC COLLATERAL TR MT (ELC) 10-Q 2016 Q2 Quarterly report

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
	December 31,										June 30,
	2011		2012		2013		2014		2015		2016
Fixed charges, as defined:
Total Interest	$	13,598	$	14,196	$	16,892	$	16,820	$	17,312	$	19,062
Interest applicable to rentals	827		747		635		620		676		488
Total fixed charges, as defined	14,425		14,943		17,527		17,440		17,988		19,550
Preferred dividends, as defined (a)	1,569		1,569		1,569		1,569		1,569		1,569
Combined fixed charges and preferred dividends, as defined	$	15,994	$	16,512	$	19,096	$	19,009	$	19,557	$	21,119
Earnings as defined:
Net Income	$	37,149	$	19,878	$	12,608	$	31,030	$	44,925	$	45,748
Add:
Provision for income taxes:
Total	16,469		8,645		2,277		13,450		25,190		29,611
Fixed charges as above	14,425		14,943		17,527		17,440		17,988		19,550
Total earnings, as defined	$	68,043	$	43,466	$	32,412	$	61,920	$	88,103	$	94,909
Ratio of earnings to fixed charges, as defined (b)	4.72		2.91		1.85		3.55		4.90		4.85
Ratio of earnings to combined fixed charges and
preferred dividends, as defined	4.25		2.63		1.70		3.26		4.50		4.49
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(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.