System Energy Resources 8-K Regulation FD Disclosure

< ENTERGY >

Statistical Report

&

Investor Guide

2006

At Entergy, we believe it is our responsibility to imagine having it all. First we imagine, and then we aspire and seek to achieve. In setting our aspirations, we adhere to the principles of sustainable growth. It is our firm belief that only by consistently delivering superior financial, operational and societal results can we build a company that is worthy of your investment and trust. We have assembled the statistics and facts in this report to support your review and analysis of Entergy’s results over the last five years. This information is available in electronic form, with Excel spreadsheets, on our Web site at www.entergy.com/ investor_relations, in order to facilitate easier access and analysis.

Entergy Investor Relations

ENTERGY CORPORATION is an integrated energy company engaged primarily in electric power production and retail distribution operations. Entergy owns and operates power plants with approximately 30,000 megawatts of electric generating capacity, and it is the second–largest nuclear generator in the United States. Entergy delivers electricity to 2.6 million utility customers in Arkansas, Louisiana, Mississippi and Texas. Entergy has annual revenues of more than $10 billion and approximately 14,500 employees.

TABLE OF CONTENTS

ABOUT THIS PUBLICATION	2
FORWARD-LOOKING INFORMATION	2
FINANCIAL MEASURES	2
ENTERGY AT A GLANCE	3 – 4
EXECUTIVE PROFILES	5 – 6
ENTERGY CORPORATION AND SUBSIDIARIES
Selected Financial and Operating Data	7
Selected Financial Data	7
Utility Electric Operating Data	7
Employees	7
Owned and Leased Capability	7
Consolidated Quarterly Financial Metrics	8
Consolidated Annual Financial Metrics	8
Consolidated Financial Results	9
Consolidated Quarterly Results	9
Consolidated Quarterly Special Items	10
Consolidated Annual Results	11
Consolidated Annual Special Items	12
Description of Special Items	13
Consolidated Statements of Income	14
Consolidating Income Statement	15
Consolidated Balance Sheets	16 – 17
Consolidating Balance Sheet	18 – 19
Consolidated Statements of Cash Flow	20 – 21
Cash Flow Information by Business	21
Consolidated Statements of Retained Earnings, Comprehensive Income and Paid–In Capital	22
Consolidated Capital Expenditures	23
Entergy Corporation Securities Detail	23
Entergy Corporation Long-Term Debt	23
Securities Ratings (Outlook)	23
UTILITY
Utility Quarterly Financial Metrics	24
Utility Annual Financial Metrics	24
Utility Capital Expenditures	24
Utility Securities Ratings (Outlook)	24
Utility Financial Results	25
Utility/Parent/Other Consolidating Income Statement	25
Utility/Parent/Other Consolidating Balance Sheet	26 – 27
Utility Selected Annual Financial Metrics	28 – 29
Utility Securities Detail	30
Utility Long-Term Debt and Preferred Stock	30
Entergy Arkansas, Inc.	30
Entergy Gulf States, Inc.	31
Entergy Louisiana, LLC.	32
Entergy Louisiana Holdings, Inc.	32
Entergy Mississippi, Inc.	33
Entergy New Orleans, Inc.	34
System Energy Resources, Inc.	34
Utility Statistical Information	35
Utility Total Capability	35
Utility Selected Operating Data	35
Utility Consolidating Information	36
Entergy Arkansas, Inc.	37 – 38
Entergy Gulf States, Inc.	39 – 40
Entergy Louisiana, LLC.	41 – 42
Entergy Mississippi, Inc.	43 – 44
Entergy New Orleans, Inc.	45 – 46
System Energy Resources, Inc.	46
Utility Nuclear Plant Statistics	47
Utility Regulatory Information	48
Regulatory Commissions	48
Commission/Council Members	48
Select Utility Regulatory Mechanisms	49
Utility Electric and Gas Fuel Recovery Mechanisms.	50
COMPETITIVE BUSINESSES
Total Capacity	51
ENTERGY NUCLEAR (NON-UTILITY)
Entergy Nuclear Quarterly Financial Metrics	51
Entergy Nuclear Annual Financial Metrics	51
Entergy Nuclear Quarterly Operational Metrics	51
Entergy Nuclear Annual Operational Metrics	51
Entergy Nuclear Plant Statistics	52
Entergy Nuclear Plant Uprates	52
Entergy Nuclear Securities Detail	53
NON-NUCLEAR WHOLESALE ASSETS
Non-Nuclear Wholesale Assets Plant Statistics	53
Non-Nuclear Wholesale Assets Securities Detail	53
DEFINITIONS OF OPERATIONAL MEASURES AND
GAAP AND NON-GAAP FINANCIAL MEASURES	54
REG G RECONCILIATIONS
Pro Forma Financial Results	55 – 58
Financial Measures	59 – 67
INVESTOR INFORMATION	68

1

ABOUT THIS PUBLICATION

This publication is unaudited and should be used in conjunction with Entergy’s 2006 Annual Report to Shareholders and Form 10-K filed with the Securities and Exchange Commission. It has been prepared for information purposes and is not intended for use in connection with any sale or purchase of, or any offer to buy, any securities of Entergy Corporation or its subsidiaries.

FORWARD-LOOKING INFORMATION

In this report and from time to time, Entergy makes statements as a registrant concerning its expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are “ forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believes ,” “intends,” “plans,” “ predicts” and “estimates” and similar expressions are intended to identify forward-looking statements but are not the only means to identify these statements. Although Entergy believes that these forward-looking statements and the underlying assumptions are reasonable, it cannot provide assurance that they will prove correct. Any forward-looking statement is based on information current as of the date of this combined report and speaks only as of the date on which such statement is made. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements involve a number of risks and uncertainties. There are factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, including those factors discussed in (a) Item 1A. Risk Factors, in Entergy’s Form 10-K, (b) Management’s Financial Discussion and Analysis and (c) the following factors (in addition to others described elsewhere in this report and in subsequent securities filings):

• resolution of pending and future rate cases and negotiations, including various performance-based rate discussions and implementation of Texas legislation, and other regulatory proceedings, including those related to Entergy’s System Agreement, Entergy’s utility supply plan, recovery of storm costs, and recovery of fuel and purchased power costs

• Entergy’s and its subsidiaries’ ability to manage their operation and maintenance costs

• changes in utility regulation, including the beginning or end of retail and wholesale competition, the ability to recover net utility assets and other potential stranded costs, the implementation of the independent coordinator of transmission that includes Entergy’s utility service territory, and the application of market power criteria by the FERC

• the economic climate, and particularly growth in Entergy’s service territory

• variations in weather and the occurrence of hurricanes and other storms and disasters, including uncertainties associated with efforts to remediate the effects of Hurricanes Katrina and Rita and recovery of costs associated with restoration including Entergy’s ability to obtain financial assistance from governmental authorities in connection with these storms

• the performance of Entergy’s generating plants, and particularly the capacity factors at its nuclear generating facilities

• changes in the financial markets, particularly those affecting the availability of capital and Entergy’s ability to refinance existing debt, execute its share repurchase program, and fund investments and acquisitions

• actions of rating agencies, including changes in the ratings of debt and preferred stock, changes in general corporate ratings, and changes in the rating agencies’ ratings criteria

• changes in inflation, and interest rates

• Entergy’s ability to develop and execute on a point of view regarding future prices of electricity, natural gas, and other energy-related commodities

• Entergy’s ability to purchase and sell assets at attractive prices and on other attractive terms

• prices for power generated by Entergy’s unregulated generating facilities, the ability to hedge, sell power forward or otherwise reduce the market price risk associated with those facilities, including the Non-Utility Nuclear plants, and the prices and availability of fuel and power Entergy must purchase for its utility customers, and Entergy’s ability to meet credit support requirements for fuel and power supply contracts

• volatility and changes in markets for electricity, natural gas, uranium, and other energy-related commodities

• changes in regulation of nuclear generating facilities and nuclear materials and fuel, including possible shutdown of nuclear generating facilities, particularly those in the northeastern United States

• uncertainty regarding the establishment of interim or permanent sites for spent nuclear fuel storage and disposal

• resolution of pending or future applications for license extensions or modifications of nuclear generating facilities

• changes in law resulting from the new federal energy legislation, including the effects of PUHCA repeal

• changes in environmental, tax, and other laws, including requirements for reduced emissions of sulfur, nitrogen, carbon, mercury, and other substances

• advances in technology

• the potential effects of threatened or actual terrorism and war

• the effects of Entergy’s strategies to reduce tax payments

• the effects of litigation and government investigations

• changes in accounting standards and corporate governance

• Entergy’s ability to attract and retain talented management and directors

FINANCIAL MEASURES

Financial performance measures shown in this report include those calculated and presented in accordance with generally accepted accounting principles (GAAP), as well as those that are considered non-GAAP measures. This report includes non-GAAP measures of operational earnings, operational return on average invested capital, operational return on average common or members’ equity, operational net margin, operational price to earnings ratio and operational common dividend payout ratio, as well as gross liquidity, net debt to net capital, net debt to net capital with off-balance sheet liabilities and pro forma financial results reflecting deconsolidation of Entergy New Orleans, Inc., when describing Entergy’s results of operations and financial performance. We have prepared reconciliations of these measures to the most directly comparable GAAP measures. Reconciliations can be found on pages 9, 11, and 55-67.

2

ENTERGY AT A GLANCE

CORPORATE STRUCTURE

CORPORATE PROFILE

Entergy Corporation is a Fortune 500 integrated energy company engaged primarily in electric power production and retail distribution operations.

• Approximately 30,000 MW electric generating capacity

• 2nd-largest U.S. nuclear generator

• 2.6 million utility customers

• More than $10 billion annual revenues

• Approximately 14,500 employees

• 97 electric generating units operated

BUSINESS SEGMENTS

Entergy’s five year results in this report are presented in three business segments:

• Utility

• Entergy Nuclear (non-utility nuclear business)

• Energy Commodity Services

Entergy Nuclear and Energy Commodity Services are referred to as Entergy’s Competitive Businesses.

Entergy-Koch, LP sold Entergy-Koch Trading and Gulf South Pipeline in the fourth quarter of 2004, and Entergy-Koch is no longer an operating entity.

3

BUSINESS SEGMENTS (CONTINUED)

UTILITY

Entergy’s utility companies generate, transmit, distribute, and sell electric power, and operate a small natural gas distribution business.

• Five electric utilities with 2.6 million customers

• Four states – Arkansas, Louisiana, Mississippi, Texas

• 22,000 MW generating capacity

• Two gas utilities with 157,000 customers

ENTERGY ARKANSAS, INC. (EAI )

Entergy Arkansas generates, transmits, distributes, and sells electric power to 679,000 retail customers in portions of Arkansas.

ENTERGY GULF STATES, INC. (EGSI )

Entergy Gulf States generates, transmits, distributes, and sells electric power to 749,000 retail customers in portions of Texas and Louisiana. Entergy Gulf States also provides natural gas utility service to 92,000 customers in the Baton Rouge, Louisiana area.

ENTERGY LOUISIANA, LLC (ELL)

Entergy Louisiana generates, transmits, distributes , and sells electric power to 645,000 retail customers in portions of Louisiana.

ENTERGY MISSISSIPPI, INC. (EMI )

Entergy Mississippi generates, transmits, distributes, and sells electric power to 427,000 retail customers in portions of Mississippi.

ENTERGY NEW ORLEANS, INC. (ENOI)^(a)

Entergy New Orleans generates, transmits, distributes, and sells electric power to 95,000 retail customers in the city of New Orleans, Louisiana. Entergy New Orleans also provides natural gas utility service to 65,000 customers in the City of New Orleans .

SYSTEM ENERGY RESOURCES, INC. (SERI )

System Energy owns and leases 90 percent of the Grand Gulf 1 nuclear generating facility. System Energy sells power and capacity from Grand Gulf 1 at wholesale to Entergy Arkansas, Entergy Louisiana, Entergy Mississippi, and Entergy New Orleans.

UTILITY NUCLEAR PLANTS

Entergy owns and operates five nuclear units at four plant sites to serve its regulated utility business: Arkansas Nuclear One (ANO) Units 1 and 2 near Russelville, Arkansas; Grand Gulf Nuclear Station in Port Gibson, Mississippi; River Bend Station in St. Francisville, Louisiana; and Waterford 3 in Taft, Louisiana.

ENTERGY NUCLEAR

Entergy’s non-utility nuclear business owns and operates six nuclear power plants in the northern United States. This business is primarily focused on selling power produced by those plants to wholesale customers. This business also provides operations and management services to nuclear power plants owned by other utilities in the United States.

• Six plants in northern U.S.

• Pilgrim Nuclear Station in Plymouth, Massachusetts

• James A. FitzPatrick in Oswego, New York

• Indian Point Units 2 and 3 in Westchester County, New York

• Vermont Yankee in Vernon, Vermont

• Palisades Nuclear Energy Plant in South Haven, Michigan (acquired April 2007)

• 4,998 MW owned generating capacity

• 800 MW under management services contract

• Cooper Nuclear Station located near Brownville, Nebraska

• Contracts (ongoing and completed) with other nuclear owners to manage decommissioning for 2 plants and license renewal (in partnership with Areva) for 3 plants

ENERGY COMMODITY SERVICES

The energy commodity services business includes Entergy-Koch and Entergy’s Non-Nuclear Wholesale Assets business. Entergy-Koch engaged in two major businesses: energy commodity marketing and trading through Entergy-Koch Trading, and gas transportation and storage through Gulf South Pipeline. Entergy-Koch sold both of these businesses in the fourth quarter of 2004, and Entergy- Koch is no longer an operating entity.

NON-NUCLEAR WHOLESALE ASSETS BUSINESS

Entergy’s Non-Nuclear Wholesale Assets business sells to wholesale customers the electric power produced by power plants that it owns or controls (1,578 net MW generating capacity) while it focuses on improving performance and exploring sales or restructuring opportunities for its power plants. Such opportunities are evaluated consistent with Entergy’s market-based point-of-view.

^(a) On September23, 2005, Entergy New Orleans filed a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code to protect its customers and ensure continued progress in restoring power and gas service to New Orleans after Hurricane Katrina. As a result of the bankruptcy filing, Entergy discontinued the consolidation of Entergy New Orleans retroactive to January 1, 2005. Entergy New Orleans emerged from Chapter 11 bankruptcy effective May 8, 2007, pursuant to the Confirmation Order from the Bankruptcy Court confirming Entergy New Orleans’ Plan of Reorganization.

4

EXECUTIVE PROFILES

WAYNE LEONARD – CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Wayne Leonard became Entergy’s chairman and chief executive officer on August 1, 2006 after serving as chief executive officer since January 1, 1999. Leonard joined Entergy in April 1998 as president and chief operating officer of the company’s domestic business, and he assumed additional responsibility for international operations in August 1998. Under Leonard, Entergy has achieved the highest total shareholder return in the industry over the last eight years. In 2006, for the fifth consecutive year, Entergy was named to the Dow Jones Sustainability Index-World and the only U.S. company in the electricity sector listed. In 2005 and 2002, Entergy was honored to receive the electric power industry’s highest honor, the Edison Award, from the Edison Electric Institute. The Platts Global Energy Awards named Leonard 2003 CEO of the Year and Leonard has been a CEO of the Year finalist for the past six consecutive years. Prior to joining Entergy, Leonard was president of Cinergy’s Energy Commodities Strategic Business Unit and president of Cinergy Capital Trading.

RICHARD SMITH – PRESIDENT AND CHIEF OPERATING OFFICER

Rick Smith became president and chief operating officer of Entergy Corporation in April 2007. Smith was previously group president, utility operations (January 2002). In that role he was responsible for the regulated utility financial results, along with operational results of electric and natural gas distribution and customer service; utility regulatory support; and regulated retail activities. Smith joined Entergy in September 1999 as senior vice president, transition management and later served as president of retail operations. Prior to joining Entergy, Smith was president of Cinergy Resources, Inc., a non-regulated retail supply business. Prior to that, he served for three years as vice president of finance for Cinergy’s Energy Services business unit.

LEO DENAULT – EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER

Leo Denault became executive vice president and chief financial officer in February 2004. He was previously vice president of corporate development and strategic planning. He also held the position of vice president, corporate development, since joining the company in March 1999. Denault assumed responsibility for the areas of strategic planning, the Office of the Chief Risk Officer, and strategic pricing and transmission services in 2002. Prior to joining Entergy, Denault was vice president of corporate development at Cinergy Corporation, where he reviewed every major investment transaction, including the acquisition of generation, distribution and trading businesses in the United States and abroad.

GARY TAYLOR – GROUP PRESIDENT, UTILITY OPERATIONS

Gary Taylor became group president, utility operations in April 2007. He is responsible for the regulated utility financial results, along with operational results of electric and natural gas distribution and customer service. In addition, Taylor oversees utility regulatory support and regulated retail activities. He joined Entergy in March 2000 as chief operating officer of Entergy’s Nuclear South region and became chief executive officer of Entergy’s nuclear business in April 2003. Prior to joining Entergy, Taylor had been vice president of nuclear operations at South Carolina Electric & Gas Company, a subsidiary of SCANA Corporation, since 1995.

MICHAEL KANSLER - PRESIDENT AND CHIEF NUCLEAR OFFICER, ENTERGY NUCLEAR

Michael Kansler became president and chief nuclear officer of Entergy Nuclear in April 2007. He is responsible for all of Entergy’s nuclear plants located throughout New York, Massachusetts, Vermont, Michigan, Louisiana, Mississippi and Arkansas, as well as the company’s management of the Cooper Nuclear Station for the State of Nebraska. Kansler was previously president of Entergy Nuclear Northeast (January 2003) and chief operating officer of Entergy Nuclear Northeast (January 2000). Kansler joined Entergy in 1998 as vice president of operations support, overseeing consolidated support functions for all five of Entergy’s regulated nuclear power units. Prior to joining Entergy, Kansler spent more than 20 years at Virginia Power (now Dominion Resources).

CURT HÉBERT - EXECUTIVE VICE PRESIDENT, EXTERNAL AFFAIRS

Curt Hébert joined Entergy as executive vice president, external affairs in September 2001 after a lengthy career as a government energy regulator at both the federal and state levels. His responsibilities include supervision of the company’s system and federal government relations, system regulatory affairs, external and internal communications, and corporate contribution functions. Prior to joining Entergy, Hébert was chairman of the Federal Energy Regulatory Commission. During Hébert’s four years of service as a member and later chairman, FERC was active in the restructuring of the electric utility and natural gas pipeline industries to promote competition.

MARK SAVOFF - EXECUTIVE VICE PRESIDENT, OPERATIONS

Mark Savoff joined Entergy as executive vice president, operations in December 2003. He is responsible for fossil plant operations, transmission and distribution operations, system environmental and safety, system planning, compliance and performance management. Prior to joining Entergy, Savoff was vice president and corporate officer at GE Power Systems, Nuclear Energy. Before assuming his role as vice president, Nuclear Energy, he was General Manager of GE’s global nuclear fuel business and led the turnaround of GE’s global nuclear services business. He also served as president, Reuter-Stokes, a GE subsidiary.

5

UTILITY OPERATING COMPANY PRESIDENTS

RENAE CONLEY – PRESIDENT & CEO, ENTERGY LOUISIANA AND ENTERGY GULF STATES – LOUISIANA

Renae Conley became president and CEO of Entergy Louisiana and Entergy Gulf States – Louisiana in mid-2000. She is responsible for the Louisiana utilities’ electric and gas distribution systems, customer service, economic development, regulatory and governmental affairs. Prior to joining Entergy in 1999 as vice president of investor relations, Conley was president of The Cincinnati Gas & Electric Company, a subsidiary of Cinergy Corp. Conley also served as president and CEO of Cadence, a joint venture of Cinergy and other utilities that provides energy management services. At Cinergy, Conley was also general manager of corporate communications and investor relations.

JOE DOMINO – PRESIDENT & CEO, ENTERGY GULF STATES – TEXAS

Joe Domino became president and CEO of Entergy Texas in 1998. He is responsible for Entergy Texas’ electric distribution system, customer service, economic development, regulatory and governmental affairs. Prior to being named president, he served as director of Entergy’s distribution operations in Texas and Southwest Louisiana. Domino joined Gulf States Utilities in 1970 as a planning engineer and was appointed director of Southern Region fossil plants in 1994.

HUGH McDONALD – PRESIDENT & CEO, ENTERGY ARKANSAS

Hugh McDonald became president and CEO of Entergy Arkansas in spring 2000. He is responsible for Entergy Arkansas’ electric distribution system, customer service, economic development, regulatory and governmental affairs. Prior to becoming Entergy Arkansas’ president, he led Entergy’s Retail Operations. McDonald joined Entergy in 1982 at the Waterford 3 nuclear plant. In 1989, he became executive assistant to the chairman of Entergy Louisiana/Entergy New Orleans and then led Entergy Louisiana’s Total Quality initiative until 1993. During Entergy’s merger with Gulf States Utilities, McDonald served as the special projects director for the functional integration of the transmission, distribution, and customer service organizations. McDonald has also held the positions of division manager for Entergy Mississippi and director of regulatory affairs, Entergy Gulf States – Texas.

CAROLYN SHANKS – PRESIDENT & CEO, ENTERGY MISSISSIPPI

Carolyn Shanks became president and CEO of Entergy Mississippi in July 1999. She is responsible for Entergy Mississippi’s electric distribution system, customer service, economic development, regulatory and governmental affairs. Shanks joined Entergy in 1983 as an accountant with Entergy Mississippi and later transferred to System Energy Resources, Inc., the subsidiary responsible for the operations of Grand Gulf Nuclear Station. In 1994, she was named director of business services for Entergy Operations, Inc., the subsidiary that manages Entergy’s five nuclear power plants in its retail electric service area. Shanks became vice president, finance and administration of Entergy Nuclear in February 1997.

ROD WEST – PRESIDENT & CEO, ENTERGY NEW ORLEANS

Rod West became president and CEO of Entergy New Orleans on January 1, 2007. He is responsible for Entergy New Orleans’ electric distribution system, customer service, economic development, regulatory and governmental affairs. West was previously director of Entergy New Orleans’ metro distribution operations. West’s primary responsibility during 2006 was restoring New Orleans’ electric distribution system after the devastation brought by Hurricane Katrina. Prior to joining Entergy in April 1999 as senior regulatory counsel, West was senior attorney in the New Orleans office of Vial, Hamilton, Koch and Knox, L.L.P, having previously spent five years with the New Orleans-based firm of Jones, Walker, Waechter, Poitevent, Carrere & Denegre, L.L.P.

6

CONSOLIDATED SELECTED DATA

CONSOLIDATED ENTERGY CORPORATION AND SUBSIDIARIES DATA

SELECTED FINANCIAL AND OPERATING DATA

SELECTED FINANCIAL DATA

	2006(a)			2005(a)			2004			2003			2002
	(In millions, except percentages, per share amounts, and ratios)
GAAP MEASURES
Operating Revenues	$	10,932		$	10,106		$	9,686		$	9,033		$	8,299
As-Reported Earnings	$	1,133		$	898		$	910		$	927		$	599
As-Reported Earnings Per Share	$	5.36		$	4.19		$	3.93		$	4.01		$	2.64
Shares of Common Stock Outstanding:
End of Year		202.7			207.5			216.8			228.9			222.4
Weighted Average – Diluted		211.5			214.4			231.2			231.1			227.3
Return on Average Invested Capital – As-Reported		8.5	%		7.2	%		7.3	%		7.4	%		5.8	%
Return on Average Common Equity – As-Reported		14.2	%		11.2	%		10.7	%		11.2	%		7.8	%
Net Cash Flow Provided by Operating Activities	$	3,419		$	1,468		$	2,929		$	2,006		$	2,182
Year-End Closing Market Price Per Share of Common Stock	$	92.32		$	68.65		$	67.59		$	57.13		$	45.59
Book Value Per Share at End of Year	$	40.45		$	37.31		$	38.25		$	38.02		$	35.24
Market Value of Equity at End of Year	$	18,710		$	14,247		$	14,655		$	13,077		$	10,140
Price to Earnings Ratio – As-Reported		17.24			16.39			17.18			14.25			17.29
Common Dividend Paid Per Share	$	2.16		$	2.16		$	1.89		$	1.60		$	1.34
Common Dividend Payout Ratio – As-Reported		40	%		52	%		48	%		40	%		51	%
NON-GAAP MEASURES
Operational Earnings	$	998		$	943		$	880		$	982		$	866
Operational Earnings Per Share	$	4.72		$	4.40		$	3.80		$	4.25		$	3.81
Special Items Per Share	$	0.64		$	(0.21	)	$	0.13		$	(0.24	)	$	(1.17	)
Return on Average Invested Capital – Operational		7.7	%		7.5	%		7.1	%		7.7	%		7.4	%
Return on Average Common Equity – Operational		12.5	%		11.8	%		10.4	%		11.9	%		11.3	%
Price to Earnings Ratio – Operational		19.56			15.61			17.77			13.45			11.96
Common Dividend Payout Ratio – Operational		46	%		49	%		50	%		38	%		35	%
(a)      2006 and 2005 reflect deconsolidation of Entergy New Orleans, Inc.
UTILITY ELECTRIC OPERATING DATA(a)
	2006			2005			2004			2003			2002
Retail Kilowatt-Hour Sales (millions)		100,422			99,865			102,225			99,968			101,631
Peak Demand (megawatts)		20,887			21,391			21,174			20,162			20,419
Retail Customers – Year End (thousands)		2,595			2,629			2,662			2,631			2,597
(a)      Includes Entergy New Orleans, Inc.
EMPLOYEES
	2006			2005			2004			2003			2002
Total Employees – Year End		13,814			14,136			14,425			14,773			15,601

OWNED AND LEASED CAPABILITY (MW)^(a)

As of April 2007

	Entergy Arkansas	Entergy Gulf States	Entergy Louisiana	Entergy Mississippi	Entergy New Orleans	System Energy	Entergy Nuclear	Non- Nuclear Wholesale(c)	Total
Gas/Oil	1,390	4,896	4,803	2,809	760	—	—	1,317	15,975
Coal	1,198	627	—	420	—	—	—	181	2,426
Total Fossil	2,588	5,523	4,803	3,229	760	—	—	1,498	18,401
Nuclear	1,839	978	1,158	—	—	1,139	4,998	—	10,112
Other(b)	70	—	—	—	—	—	—	80	150
Total	4,497	6,501	5,961	3,229	760	1,139	4,998	1,578	28,663

^(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

^(b) Other includes Hydro and Wind.

^(c) Reflects nameplate rating of generating unit.

7

CONSOLIDATED SELECTED DATA

CONSOLIDATED ENTERGY CORPORATION AND SUBSIDIARIES DATA

CONSOLIDATED QUARTERLY FINANCIAL METRICS

	1Q	2Q	2006(a) 3Q	4Q	YTD	1Q	2Q	2005(a) 3Q	4Q	YTD	YTD % CHANGE
GAAP MEASURES
As-Reported Earnings ($ millions)	193.6	281.8	388.9	268.3	1,132.6	172.0	286.2	350.0	90.2	898.3	26
Return on Average Invested Capital – As-Reported (%)*	7.3	7.3	7.5	8.5	8.5	7.0	7.1	7.5	7.2	7.2	18
Return on Average Common Equity – As-Reported (%)*	11.5	11.3	11.6	14.2	14.2	10.3	10.7	11.5	11.2	11.2	27
Net Margin – As-Reported (%)*	8.7	8.5	8.6	10.4	10.4	9.4	9.5	10.0	8.9	8.9	17
Cash Flow Interest Coverage (# times)*	5.0	5.2	6.0	7.2	7.2	7.6	7.1	5.9	4.0	4.0	80
Revolver Capacity ($ millions)	2,718	2,710	3,095	2,770	2,770	1,070	1,407	791	2,545	2,545	9
Total Debt ($ millions)	9,329	9,402	9,054	9,356	9,356	8,033	8,283	8,865	9,288	9,288	1
Debt to Capital Ratio (%)	52.1	52.4	50.4	52.3	52.3	49.0	49.9	51.9	53.1	53.1	(2	)
Off-Balance Sheet Liabilities ($ millions)	732	671	668	665	665	771	780	779	778	778	(15	)
NON-GAAP MEASURES
Operational Earnings ($ millions)	190.2	258.0	382.6	166.9	997.7	173.4	289.0	357.1	123.6	943.0	6
Return on Average Invested Capital – Operational (%)*	7.5	7.4	7.5	7.7	7.7	6.9	7.2	7.3	7.5	7.5	3
Return on Average Common Equity – Operational (%)*	12.0	11.5	11.6	12.5	12.5	10.2	10.8	11.2	11.8	11.8	6
Net Margin – Operational (%)*	9.1	8.6	8.6	9.1	9.1	9.3	9.5	9.7	9.3	9.3	(2	)
Total Gross Liquidity ( $ millions)	3,470	3,439	3,840	3,786	3,786	1,547	2,014	1,389	3,128	3,128	21
Net Debt to Net Capital Ratio (%)	50.0	50.4	48.3	49.4	49.4	47.5	48.0	50.2	51.5	51.5	(4	)
Net Debt Ratio Including Off-Balance Sheet Liabilities (%)	52.1	52.2	50.2	51.3	51.3	49.9	50.4	52.4	53.7	53.7	(4	)

^(a) 2006and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

* Trailing twelve months. Totals may not foot due to rounding.

CONSOLIDATED ANNUAL FINANCIAL METRICS

	2006(a)	2005(a)	2004	2003	2002
GAAP MEASURES
As-Reported Earnings ($ millions)	1,133	898	910	927	599
Return on Average Invested Capital – As-Reported (%)	8.5	7.2	7.3	7.4	5.8
Return on Average Common Equity – As-Reported (%)	14.2	11.2	10.7	11.2	7.8
Net Margin – As-Reported (%)	10.4	8.9	9.4	10.3	7.2
Cash Flow Interest Coverage (# times)	7.2	4.0	7.1	5.1	4.9
Revolver Capacity ($ millions)	2,770	2,545	1,490	1,553	1,018
Total Debt ($ millions)	9,356	9,288	7,807	8,182	8,810
Debt to Capital Ratio (%)	52.3	53.1	47.4	47.5	51.8
Off-Balance Sheet Liabilities ($ millions)
Debt of Joint Ventures – Entergy’s Share	146	214	173	414	409
Leases – Entergy’s Share	519	564	596	501	395
Total	665	778	769	915	804
NON-GAAP MEASURES
Operational Earnings ( $ millions)	998	943	880	982	866
Return on Average Invested Capital – Operational (%)	7.7	7.5	7.1	7.7	7.4
Return on Average Common Equity – Operational (%)	12.5	11.8	10.4	11.9	11.3
Net Margin – Operational (%)	9.1	9.3	9.1	10.9	10.4
Total Gross Liquidity ( $ millions)	3,786	3,128	2,110	2,060	2,353
Net Debt to Net Capital Ratio (%)	49.4	51.5	45.3	45.9	47.7
Net Debt Ratio Including Off-Balance Sheet Liabilities (%)	51.3	53.7	47.9	48.7	50.3

^(a) 2006and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

8

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY RESULTS – GAAP TO NON-GAAP RECONCILIATION

	1Q		2Q	2006 3Q		4Q		YTD		1Q(a)		2Q(a)		2005 3Q(a)		4Q		YTD		YTD CHANGE
	($/share)
AS-REPORTED
Utility/Parent/Other	0.54		1.00	1.35		1.08		3.97		0.42		1.05		1.35		—		2.82		1.15
Competitive Businesses
Entergy Nuclear	0.39		0.30	0.50		0.27		1.46		0.36		0.27		0.33		0.37		1.32		0.14
Energy Commodity Services
Non-Nuclear Wholesale Assets	(0.01	)	0.03	(0.02	)	(0.08	)	(0.07	)	0.01		0.01		(0.03	)	0.06		0.05		(0.12	)
Total Energy Commodity Services	(0.01	)	0.03	(0.02	)	(0.08	)	(0.07	)	0.01		0.01		(0.03	)	0.06		0.05		(0.12	)
Total Competitive Businesses	0.38		0.33	0.48		0.19		1.39		0.37		0.28		0.30		0.43		1.37		0.02
Consolidated As-Reported Earnings	0.92		1.33	1.83		1.27		5.36		0.79		1.33		1.65		0.43		4.19		1.17
LESS SPECIAL ITEMS
Utility/Parent/Other	0.02		0.11	0.03		0.61		0.77		(0.01	)	(0.01	)	(0.03	)	(0.16	)	(0.21	)	0.98
Competitive Businesses
Entergy Nuclear	—		—	—		—		—		—		—		—		—		—		—
Energy Commodity Services
Non-Nuclear Wholesale Assets	—		—	—		(0.13	)	(0.13	)	—		—		—		—		—		(0.13	)
Total Energy Commodity Services	—		—	—		(0.13	)	(0.13	)	—		—		—		—		—		(0.13	)
Total Competitive Businesses	—		—	—		(0.13	)	(0.13	)	—		—		—		—		—		(0.13	)
Total Special Items	0.02		0.11	0.03		0.48		0.64		(0.01	)	(0.01	)	(0.03	)	(0.16	)	(0.21	)	0.85
OPERATIONAL
Utility/Parent/Other	0.52		0.89	1.32		0.47		3.20		0.43		1.06		1.38		0.16		3.03		0.17
Competitive Businesses
Entergy Nuclear	0.39		0.30	0.50		0.27		1.46		0.36		0.27		0.33		0.37		1.32		0.14
Energy Commodity Services
Non-Nuclear Wholesale Assets	(0.01	)	0.03	(0.02	)	0.05		0.06		0.01		0.01		(0.03	)	0.06		0.05		0.01
Total Energy Commodity Services	(0.01	)	0.03	(0.02	)	0.05		0.06		0.01		0.01		(0.03	)	0.06		0.05		0.01
Total Competitive Businesses	0.38		0.33	0.48		0.32		1.52		0.37		0.28		0.30		0.43		1.37		0.15
Consolidated Operational Earnings	0.90		1.22	1.80		0.79		4.72		0.80		1.34		1.68		0.59		4.40		0.32
Weather Impact	(0.06	)	0.07	0.06		—		0.07		(0.01	)	—		0.06		0.05		0.10		(0.03	)
SHARES OF COMMON STOCK OUTSTANDING (in millions)
End of Period	207.9		208.1	208.6		202.7		202.7		212.8		209.9		207.4		207.5		207.5		(4.8	)
Weighted Average - Diluted	211.4		211.6	212.4		210.6		211.5		218.6		215.6		212.3		211.3		214.4		(2.9	)

^(a) Operationalearnings for first, second, and third quarter 2005 were originally reported as $0.79 per share, $1.33 per share, and $1.65 per share respectively. Following the planned sale of the competitive retail business in Texas announced in fourth quarter 2005, Entergy began treating earnings from this business as a special item, which revises previously reported operational earnings.

Totals may not foot due to rounding and accretion from share repurchase program.

9

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED QUARTERLY SPECIAL ITEMS (Shown as Positive/(Negative) Impact on Earnings)

	2006									2005										YTD CHANGE
	1Q		2Q	3Q		4Q		YTD		1Q		2Q		3Q		4Q		YTD
	($/share)
UTILITY/PARENT/OTHER
SPECIAL ITEMS
ENOI results	0.03		0.05	0.03		(0.09	)	0.02		—		—		—		—		—		0.02
Entergy-Koch, LP gain	—		—	—		0.26		0.26		—		—		—		—		—		0.26
Restructuring – Entergy-Koch, LP distribution	—		—	—		0.49		0.49		—		—		—		—		—		0.49
Retail business discontinued operations	(0.01	)	0.06	—		(0.05	)	—		(0.01	)	(0.01	)	(0.03	)	(0.04	)	(0.09	)	0.09
Retail business impairment reserve	—		—	—		—		—		—		—		—		(0.12	)	(0.12	)	0.12
Total	0.02		0.11	0.03		0.61		0.77		(0.01	)	(0.01	)	(0.03	)	(0.16	)	(0.21	)	0.98
COMPETITIVE BUSINESSES SPECIAL ITEMS
Entergy Nuclear	—		—	—		—		—		—		—		—		—		—		—
Energy Commodity Services
Non-Nuclear Wholesale Assets
Write-off of tax capital losses	—		—	—		(0.13	)	(0.13	)	—		—		—		—		—		(0.13	)
Total	—		—	—		(0.13	)	(0.13	)	—		—		—		—		—		(0.13	)
TOTAL SPECIAL ITEMS	0.02		0.11	0.03		0.48		0.64		(0.01	)	(0.01	)	(0.03	)	(0.16	)	(0.21	)	0.85
	2006									2005										YTD CHANGE
	1Q		2Q	3Q		4Q		YTD		1Q		2Q		3Q		4Q		YTD
	($ millions)
UTILITY/PARENT/OTHER
SPECIAL ITEMS
ENOI results	5.6		10.7	7.3		(19.6	)	4.1		—		—		—		—		—		4.1
Entergy-Koch, LP gain	—		—	—		55.0		55.0		—		—		—		—		—		55.0
Restructuring – Entergy-Koch, LP distribution	—		—	—		104.0		104.0		—		—		—		—		—		104.0
Retail business discontinued operations	(2.2	)	13.1	(1.0	)	(10.3	)	(0.5	)	(1.4	)	(2.8	)	(7.1	)	(7.6	)	(18.9	)	18.4
Retail business impairment reserve	—		—	—		—		—		—		—		—		(25.8	)	(25.8	)	25.8
Total	3.4		23.8	6.3		129.1		162.6		(1.4	)	(2.8	)	(7.1	)	(33.4	)	(44.7	)	207.3
COMPETITIVE BUSINESSES SPECIAL ITEMS
Entergy Nuclear	—		—	—		—		—		—		—		—		—		—		—
Energy Commodity Services
Non-Nuclear Wholesale Assets
Write-off of tax capital losses	—		—	—		(27.7	)	(27.7	)	—		—		—		—		—		(27.7	)
Total	—		—	—		(27.7	)	(27.7	)	—		—		—		—		—		(27.7	)
TOTAL SPECIAL ITEMS	3.4		23.8	6.3		101.4		134.9		(1.4	)	(2.8	)	(7.1	)	(33.4	)	(44.7	)	179.6

Totals may not foot due to rounding and accretion from share repurchase program.

10

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL RESULTS – GAAP TO NON-GAAP RECONCILIATION

	2006		2005		2004		2003		2002
	($/share)
AS-REPORTED
Utility/Parent/Other	3.97		2.82		2.86		1.93		2.40
Competitive Businesses
Entergy Nuclear	1.46		1.32		1.06		1.30		0.88
Energy Commodity Services
Non-Nuclear Wholesale Assets	(0.07	)	0.05		0.23		(0.10	)	(1.22	)
Entergy-Koch Trading	—		—		(0.35	)	0.80		0.36
Gulf South Pipeline	—		—		0.13		0.08		0.22
Total Energy Commodity Services	(0.07	)	0.05		0.01		0.78		(0.64	)
Total Competitive Businesses	1.39		1.37		1.07		2.08		0.24
Consolidated As-Reported Earnings	5.36		4.19		3.93		4.01		2.64
LESS SPECIAL ITEMS
Utility/Parent/Other	0.77		(0.21	)	0.07		(0.69	)	—
Competitive Businesses
Entergy Nuclear	—		—		—		0.45		—
Energy Commodity Services
Non-Nuclear Wholesale Assets	(0.13	)	—		0.28		—		(1.17	)
Entergy-Koch Trading	—		—		(0.35	)	—		—
Gulf South Pipeline	—		—		0.13		—		—
Total Energy Commodity Services	(0.13	)	—		0.06		—		(1.17	)
Total Competitive Businesses	(0.13	)	—		0.06		0.45		(1.17	)
Total Special Items	0.64		(0.21	)	0.13		(0.24	)	(1.17	)
OPERATIONAL
Utility/Parent/Other	3.20		3.03		2.79		2.62		2.40
Competitive Businesses
Entergy Nuclear	1.46		1.32		1.06		0.85		0.88
Energy Commodity Services
Non-Nuclear Wholesale Assets	0.06		0.05		(0.05	)	(0.10	)	(0.05	)
Entergy-Koch Trading	—		—		—		0.80		0.36
Gulf South Pipeline	—		—		—		0.08		0.22
Total Energy Commodity Services	0.06		0.05		(0.05	)	0.78		0.53
Total Competitive Businesses	1.52		1.37		1.01		1.63		1.41
Consolidated Operational Earnings	4.72		4.40		3.80		4.25		3.81
Weather Impact	0.07		0.10		(0.11	)	(0.05	)	(0.01	)

11

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

ENTERGY CORPORATION CONSOLIDATED ANNUAL SPECIAL ITEMS (Shown as Positive/(Negative) Impact on Earnings)

	2006		2005		2004		2003		2002
	($/share)
UTILITY/PARENT/OTHER SPECIAL ITEMS
ENOI results	0.02		—		—		—		—
Entergy-Koch, LP gain	0.26		—		—		—		—
Restructuring – Entergy-Koch, LP distribution	0.49		—		—		—		—
Retail business impairment reserve	—		(0.12	)	—		—		—
Retail business discontinued operations	—		(0.09	)	—		—		—
Tax benefits – Entergy-Koch investment	—		—		0.07		—		—
River Bend loss provision	—		—		—		(0.29	)	—
SFAS 143 implementation	—		—		—		(0.09	)	—
Voluntary severance plan	—		—		—		(0.31	)	—
Total	0.77		(0.21	)	0.07		(0.69	)	—
COMPETITIVE BUSINESSES SPECIAL ITEMS
Entergy Nuclear
SFAS 143 implementation	—		—		—		0.67		—
Voluntary severance plan	—		—		—		(0.22	)	—
Energy Commodity Services
Non-Nuclear Wholesale Assets write-off of tax capital losses	(0.13	)	—		—		—		—
Entergy-Koch Trading earnings	—		—		(0.35	)	—		—
Gulf South Pipeline earnings	—		—		0.13		—		—
Tax benefits on restructuring	—		—		0.41		—		—
Asset impairment reserve	—		—		(0.15	)	—		—
Reduction in asset sale reserves	—		—		0.02		—		—
Gain (loss) on disposition of assets	—		—		—		—		0.23
Asset and contract impairments	—		—		—		—		(0.62	)
Turbine commitment	—		—		—		—		(0.52	)
Development costs	—		—		—		—		(0.09	)
Restructuring costs	—		—		—		—		(0.17	)
Total	(0.13	)	—		0.06		0.45		(1.17	)
TOTAL SPECIAL ITEMS	0.64		(0.21	)	0.13		(0.24	)	(1.17	)
	2006		2005		2004		2003		2002
	($ millions)
UTILITY/PARENT/OTHER SPECIAL ITEMS
ENOI results	4.1		—		—		—		—
Entergy-Koch, LP gain	55.0		—		—		—		—
Restructuring – Entergy-Koch, LP distribution	104.0		—		—		—		—
Retail business impairment reserve	—		(25.8	)	—		—		—
Retail business discontinued operations	(0.5	)	(18.9	)	—		—		—
Tax benefits – Entergy-Koch investment	—		—		16.7		—		—
River Bend loss provision	—		—		—		(65.6	)	—
SFAS 143 implementation	—		—		—		(21.3	)	—
Voluntary severance plan	—		—		—		(71.0	)	—
Total	162.6		(44.7	)	16.7		(157.9	)	—
COMPETITIVE BUSINESSES SPECIAL ITEMS
Entergy Nuclear
SFAS 143 implementation	—		—		—		154.4		—
Voluntary severance plan	—		—		—		(51.8	)	—
Energy Commodity Services
Non-Nuclear Wholesale Assets write-off of tax capital losses	(27.7	)	—		—		—		—
Entergy-Koch Trading earnings	—		—		(79.4	)	—		—
Gulf South Pipeline earnings	—		—		29.3		—		—
Tax benefits on restructuring	—		—		93.6		—		—
Asset impairment reserve	—		—		(35.8	)	—		—
Reduction in asset sale reserves	—		—		5.6		—		—
Gain (loss) on disposition of assets	—		—		—		0.7		52.3
Asset and contract impairments	—		—		—		—		(141.9	)
Turbine commitment	—		—		—		—		(117.2	)
Development costs	—		—		—		—		(21.3	)
Restructuring costs	—		—		—		—		(39.0	)
Total	(27.7	)	—		13.3		103.3		(267.1	)
TOTAL SPECIAL ITEMS	134.9		(44.7	)	30.0		(54.6	)	(267.1	)

12

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

DESCRIPTION OF ENTERGY CORPORATION CONSOLIDATED SPECIAL ITEMS

UTILITY/PARENT/OTHER SPECIAL ITEMS	Main Earnings Category
ENOI results	Other income: equity in earnings (loss) of unconsolidated equity affiliates
Entergy-Koch, LP gain	Other income: equity in earnings (loss) of unconsolidated equity affiliates
Restructuring – Entergy-Koch, LP distribution	Income taxes
Retail business impairment reserve	Discontinued operations
Retail business discontinued operations	Discontinued operations
Tax benefits – Entergy-Koch investment	Income taxes
River Bend loss provision	Other income: miscellaneous-net
SFAS 143 implementation	Cumulative effect of accounting changes
Voluntary severance plan	Operating expenses: Other operation and maintenance
COMPETITIVE BUSINESSES SPECIAL ITEMS
Entergy Nuclear
SFAS 143 implementation	Cumulative effect of accounting changes
Voluntary severance plan	Operating expenses: Other operation and maintenance
Energy Commodity Services
Non-Nuclear Wholesale Assets write-off of tax capital losses	Income taxes
Entergy-Koch Trading earnings	Other income: equity in earnings (loss) of unconsolidated equity affiliates
Gulf South Pipeline earnings	Other income: equity in earnings (loss) of unconsolidated equity affiliates
Tax benefits on restructuring	Income taxes
Asset impairment reserve	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges
Reduction in asset sale reserves	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges
Gain (loss) on disposition of assets	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges
Asset and contract impairments	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges
Turbine commitment	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges
Development costs	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges
Restructuring costs	Operating expenses: Provision for turbine commitments, asset impairments and restructuring charges

13

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF INCOME

	2006(a)			2005(a)			2004(b)			2003			2002
	In thousands, except share data, for the years ended December 31,
OPERATING REVENUES:
Domestic electric	$	9,063,135		$	8,446,830		$	7,932,577		$	7,397,175		$	6,646,414
Natural gas		84,230			77,660			208,499			186,176			125,353
Competitive businesses		1,784,793			1,581,757			1,544,445			1,449,363			1,527,285
Total		10,932,158			10,106,247			9,685,521			9,032,714			8,299,052
OPERATING EXPENSES:
Operating and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		3,144,073			2,176,015			2,488,208			1,987,217			2,154,596
Purchased power		2,138,237			2,521,247			1,701,610			1,579,057			829,995
Nuclear refueling outage expenses		169,567			162,653			166,072			159,995			105,592
Provision for turbine commitments, asset impairments, and restructuring charges		—			—			55,000			(7,743	)		428,456
Other operation and maintenance		2,335,364			2,122,206			2,268,332			2,423,951			2,468,551
Decommissioning		145,884			143,121			149,529			146,100			76,417
Taxes other than income taxes		428,561			382,521			403,635			402,571			379,967
Depreciation and amortization		887,792			856,377			893,574			849,771			838,472
Other regulatory credits – net		(122,680	)		(49,882	)		(90,611	)		(13,761	)		(141,836	)
Total		9,126,798			8,314,258			8,035,349			7,527,158			7,140,210
OPERATING INCOME		1,805,360			1,791,989			1,650,172			1,505,556			1,158,842
OTHER INCOME:
Allowance for equity funds used during construction		39,894			45,736			39,582			42,710			31,658
Interest and dividend income		198,835			150,479			109,635			87,334			118,282
Equity in earnings (loss) of unconsolidated equity affiliates		93,744			985			(78,727	)		271,647			183,878
Miscellaneous – net		16,114			14,251			55,509			(76,376	)		13,864
Total		348,587			211,451			125,999			325,315			347,682
INTEREST AND OTHER CHARGES:
Interest on long-term debt		498,451			440,334			463,384			485,964			526,442
Other interest – net		75,502			64,646			40,133			52,868			70,401
Allowance for borrowed funds used during construction		(23,931	)		(29,376	)		(25,741	)		(33,191	)		(24,538	)
Preferred dividend requirements and other		27,783			25,427			23,525			23,524			23,712
Total		577,805			501,031			501,301			529,165			596,017
INCOME FROM CONTINUING OPERATIONS BEFOREINCOME TAXES AND CUMULATIVE EFFECT OF ACCOUNTING CHANGES		1,576,142			1,502,409			1,274,870			1,301,706			910,507
Income taxes		443,044			559,284			365,305			497,433			300,592
INCOME FROM CONTINUING OPERATIONS BEFORE CUMULATIVE EFFECT OF ACCOUNTING CHANGES		1,133,098			943,125			909,565			804,273			609,915
LOSS FROM DISCONTINUED OPERATIONS (net of income tax expense (benefit) of $67, $(24,051), $603, $(7,359), $(6,654) respectively)		(496	)		(44,794	)		(41	)		(14,404	)		(10,555	)
CUMULATIVE EFFECT OF ACCOUNTING CHANGES (net of income taxes of $ 89,925 in 2003)		—			—			—			137,074			—
CONSOLIDATED NET INCOME	$	1,132,602		$	898,331		$	909,524		$	926,943		$	599,360
Basic earnings (loss) per average common share:
Continuing operations	$	5.46		$	4.49		$	4.01		$	3.55		$	2.73
Discontinued operations		—		$	(0.21	)		—		$	(0.06	)	$	(0.04	)
Cumulative effect of accounting changes		—			—			—		$	0.60			—
Basic earnings (loss) per average common share	$	5.46		$	4.27		$	4.01		$	4.09		$	2.69
Diluted earnings (loss) per average common share:
Continuing operations	$	5.36		$	4.40		$	3.93		$	3.48		$	2.68
Discontinued operations		—		$	(0.21	)		—		$	(0.06	)	$	(0.04	)
Cumulative effect of accounting changes		—			—			—		$	0.59			—
Diluted earnings (loss) per average common share	$	5.36		$	4.19		$	3.93		$	4.01		$	2.64
Dividends declared per common share	$	2.16		$	2.16		$	1.89		$	1.60		$	1.34
Average number of common shares outstanding:
Basic		207,456,838			210,141,887			226,863,758			226,804,370			223,047,431
Diluted		211,452,455			214,441,362			231,193,686			231,146,040			227,303,103

^(a) 2006 and 2005 reflect deconsolidation of Entergy NewOrleans, Inc.

^(b) Pro Forma Income Statement reflecting deconsolidation of Entergy NewOrleans, Inc. can be found on page 55.

Certain prior year data has been reclassified to conform with current year presentation.

14

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

2006 CONSOLIDATING INCOME STATEMENT (unaudited)^(a)

	Utility/ Parent/ Other			Competitive Businesses			Eliminations			Consolidated
	In thousands, except share data, for the year ended December 31, 2006.
OPERATING REVENUES:
Domestic electric	$	9,065,800		$	—		$	(2,665	)	$	9,063,135
Natural gas		84,230			—			—			84,230
Competitive businesses		39,817			1,780,354			(35,378	)		1,784,793
Total		9,189,847			1,780,354			(38,043	)		10,932,158
OPERATING EXPENSES:
Operating and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		2,880,857			263,215			—			3,144,073
Purchased power		2,120,770			53,618			(36,151	)		2,138,237
Nuclear refueling outage expenses		78,110			91,457			—			169,567
Other operation and maintenance		1,614,002			723,711			(2,349	)		2,335,364
Decommissioning		82,912			62,972			—			145,884
Taxes other than income taxes		363,897			64,664			—			428,561
Depreciation and amortization		808,517			79,275			—			887,792
Other regulatory credits – net		(122,680	)		—			—			(122,680	)
Total		7,826,385			1,338,912			(38,500	)		9,126,798
OPERATING INCOME		1,363,462			441,442			457			1,805,360
OTHER INCOME (DEDUCTIONS):
Allowance for equity funds used during construction		39,894			—			—			39,894
Interest and dividend income		163,717			123,703			(88,586	)		198,835
Equity in earnings (loss) of unconsolidated equity affiliates		95,366			(1,622	)		—			93,744
Miscellaneous – net		555			16,016			(457	)		16,114
Total		299,532			138,097			(89,042	)		348,587
INTEREST AND OTHER CHARGES:
Interest on long-term debt		489,282			9,170			—			498,451
Other interest – net		99,196			64,836			(88,530	)		75,502
Allowance for borrowed funds used during construction		(23,931	)		—			—			(23,931	)
Preferred dividend requirements and other		24,363			3,475			(55	)		27,783
Total		588,910			77,481			(88,585	)		577,805
INCOME FROM CONTINUING OPERATIONSBEFORE INCOME TAXES		1,074,084			502,058			—			1,576,142
Income taxes		234,789			208,255			—			443,044
INCOME FROM CONTINUING OPERATIONS		839,295			293,803			—			1,133,098
LOSS FROM DISCONTINUED OPERATIONS (net of income tax expense of $67)		(496	)		—			—			(496	)
CONSOLIDATED NET INCOME	$	838,799		$	293,803		$	—		$	1,132,602
Earnings Per Average Common Share (from continuing operations):
Basic	$	4.04		$	1.42		$	—		$	5.46
Diluted	$	3.97		$	1.39		$	—		$	5.36
Earnings Per Average Common Share:
Basic	$	4.04		$	1.42		$	—		$	5.46
Diluted	$	3.97		$	1.39		$	—		$	5.36

^(a) 2006 reflects deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

15

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

CONSOLIDATED BALANCE SHEETS

	2006(a)			2005(a)			2004(b)			2003			2002
	In thousands, as of December 31,
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	117,379		$	221,773		$	79,136		$	115,112		$	169,788
Temporary cash investments – at cost, which approximates market		898,773			361,047			540,650			392,013			1,165,260
Special deposits		—			—			—			308			280
Total cash and cash equivalents		1,016,152			582,820			619,786			507,433			1,335,328
Other temporary investments		—			—			187,950			234,800			—
Notes receivable - Entergy New Orleans DIP loan		51,934			90,000			—			—			—
Notes receivable		699			3,227			3,092			1,730			2,078
Accounts receivable:
Customer		410,512			629,717			435,191			398,091			323,215
Allowance for doubtful accounts		(19,348	)		(30,805	)		(23,758	)		(25,976	)		(27,285	)
Other		487,264			459,152			342,289			246,824			244,621
Accrued unbilled revenues		249,165			477,570			460,039			384,860			319,133
Total receivables		1,127,593			1,535,634			1,213,761			1,003,799			859,684
Deferred fuel costs		—			543,927			55,069			245,973			55,653
Accumulated deferred income taxes		11,680			—			76,899			—			—
Fuel inventory – at average cost		193,098			206,195			127,251			110,482			96,467
Materials and supplies – at average cost		604,998			610,932			569,407			548,921			525,900
Deferred nuclear refueling outage costs		147,521			164,152			129,718			138,836			163,646
Prepayments and other		171,759			325,795			116,279			127,270			166,827
Total		3,325,434			4,062,682			3,099,212			2,919,244			3,205,583
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity		229,089			296,784			231,779			1,053,328			824,209
Decommissioning trust funds		2,858,523			2,606,765			2,453,406			2,278,533			2,069,198
Non-utility property – at cost (less accumulated depreciation)		212,726			228,833			219,717			262,384			297,294
Other		47,115			81,535			90,992			152,681			277,539
Total		3,347,453			3,213,917			2,995,894			3,746,926			3,468,240
PROPERTY, PLANT AND EQUIPMENT:
Electric		30,713,284			29,161,027			29,053,340			28,035,899			26,789,538
Property under capital lease		730,182			727,565			738,554			751,815			746,624
Natural gas		92,787			86,794			262,787			236,622			209,969
Construction work in progress		786,147			1,524,085			1,197,551			1,380,982			1,232,891
Nuclear fuel under capital lease		269,485			271,615			262,469			278,683			259,433
Nuclear fuel		561,291			436,646			320,813			234,421			263,609
Total property, plant and equipment		33,153,176			32,207,732			31,835,514			30,918,422			29,502,064
Less - accumulated depreciation and amortization		13,715,099			13,010,687			13,139,883			12,619,625			11,837,061
Property, plant and equipment – net		19,438,077			19,197,045			18,695,631			18,298,797			17,665,003
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
SFAS 109 regulatory asset – net		740,110			735,221			746,413			830,539			844,105
Other regulatory assets		2,768,352			2,133,724			1,429,261			1,398,323			973,185
Deferred fuel costs		168,122			120,489			30,842			—			—
Long-term receivables		19,349			25,572			39,417			20,886			24,703
Goodwill		377,172			377,172			377,172			377,172			377,172
Other		898,662			991,835			918,871			935,501			946,375
Total		4,971,767			4,384,013			3,541,976			3,562,421			3,165,540
TOTAL ASSETS	$	31,082,731		$	30,857,657		$	28,332,713		$	28,527,388		$	27,504,366

^(a) 2006 and 2005reflect deconsolidation of Entergy NewOrleans, Inc.

^(b) ProForma Balance Sheetreflecting deconsolidation of Entergy New Orleans, Inc. can be found on pages 56 – 57.

Certain prior year data has been reclassified to conform with current year presentation.

16

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

CONSOLIDATED BALANCE SHEETS

	2006(a)			2005(a)			2004(b)			2003			2002
	In thousands, as of December 31,
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	181,576		$	103,517		$	492,564		$	524,372		$	1,191,320
Notes payable		25,039			40,041			193			351			351
Accounts payable		1,122,596			1,655,787			896,528			796,572			855,446
Customer deposits		248,031			222,206			222,320			199,620			198,442
Taxes accrued		187,324			188,159			224,011			224,926			385,315
Accumulated deferred income taxes		—			143,409			—			22,963			26,468
Nuclear refueling outage costs		—			—			—			8,238			14,244
Interest accrued		160,831			154,855			144,478			139,603			175,440
Deferred fuel costs		73,031			—			—			—			—
Obligations under capital leases		153,246			130,882			133,847			159,978			153,822
Pension and other postretirement liabilities		41,912			—			—			—			—
Other		271,544			473,510			218,442			145,453			171,341
Total		2,465,130			3,112,366			2,332,383			2,222,076			3,172,189
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		5,820,700			5,282,759			5,070,912			4,779,513			4,250,800
Accumulated deferred investment tax credits		358,550			376,550			399,228			420,248			447,925
Obligations under capital leases		188,033			175,005			146,060			153,898			155,943
Other regulatory liabilities		449,237			408,667			329,767			291,239			185,579
Decommissioning and retirement cost liabilities		2,023,846			1,923,971			2,066,277			2,215,490			2,115,744
Transition to competition		79,098			79,101			79,101			79,098			79,098
Regulatory reserves		219			18,624			103,061			69,528			56,438
Accumulated provisions		88,902			144,880			549,914			506,960			389,868
Pension and other postretirement liabilities		1,410,433			1,118,964			—			—			—
Long-term debt		8,798,087			8,824,493			7,016,831			7,322,940			7,308,649
Preferred stock with sinking fund		10,500			13,950			17,400			20,852			—
Other		847,196			1,184,082			1,554,212			1,407,551			1,145,232
Total		20,074,801			19,551,046			17,332,763			17,267,317			16,135,276
Preferred stock with sinking fund		—			—			—			—			24,327
Preferred stock without sinking fund		344,913			445,974			365,356			334,337			334,337
SHAREHOLDERS’ EQUITY:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 248,174,087 shares in 2006, 2005, 2004, 2003 and 2002		2,482			2,482			2,482			2,482			2,482
Paid-in capital		4,827,265			4,817,637			4,835,375			4,767,615			4,666,753
Retained earnings		6,113,042			5,433,931			4,989,826			4,502,508			3,938,693
Accumulated other comprehensive loss		(100,512	)		(343,819	)		(93,453	)		(7,795	)		(22,360	)
Less – treasury stock, at cost (45,506,311 shares in 2006; 40,644,602 shares in 2005; 31,345,028 shares in 2004; 19,276,445 shares in 2003; 25,752,419 shares in 2002)		2,644,390			2,161,960			1,432,019			561,152			747,331
Total		8,197,887			7,748,271			8,302,211			8,703,658			7,838,237
Commitments and Contingencies
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	31,082,731		$	30,857,657		$	28,332,713		$	28,527,388		$	27,504,366

^(a) 2006 and 2005 reflectdeconsolidation of Entergy New Orleans,Inc.

^(b) ProFormaBalance Sheet reflecting deconsolidation of Entergy New Orleans, Inc. can be found on pages 56 – 57.

Certain prior year data has been reclassified to conform with current year presentation.

17

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

2006 CONSOLIDATING BALANCE SHEET (unaudited)^(a)

	Utility/ Parent/ Other			Competitive Businesses		Eliminations			Consolidated
	In thousands, as of December 31, 2006.
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	95,468		$	21,911	$	—		$	117,379
Temporary cash investments - at cost, which approximates market		499,942			398,831		—			898,773
Total cash and cash equivalents		595,410			420,742		—			1,016,152
Notes receivable - Entergy New Orleans DIP loan		51,934			—		—			51,934
Notes receivable		266,717			1,280,921		(1,546,939	)		699
Accounts receivable:
Customer		410,512			—		—			410,512
Allowance for doubtful accounts		(19,348	)		—		—			(19,348	)
Associated companies		(5,099	)		94,549		(89,450	)		—
Other		312,654			174,610		—			487,264
Accrued unbilled revenues		249,165			—		—			249,165
Total receivables		947,884			269,159		(89,450	)		1,127,593
Accumulated deferred income taxes		10,498			1,182		—			11,680
Fuel inventory - at average cost		189,829			3,269		—			193,098
Materials and supplies - at average cost		408,279			196,719		—			604,998
Deferred nuclear refueling outage costs		65,349			82,172		—			147,521
Prepayments and other		150,134			21,625		—			171,759
Total		2,686,034			2,275,789		(1,636,389	)		3,325,434
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates - at equity		7,725,189			152,066		(7,648,166	)		229,089
Decommissioning trust funds		1,274,676			1,583,847		—			2,858,523
Non-utility property - at cost (less accumulated depreciation)		208,956			3,770		—			212,726
Other		39,868			7,247		—			47,115
Total		9,248,689			1,746,930		(7,648,166	)		3,347,453
PROPERTY, PLANT AND EQUIPMENT:
Electric		28,405,556			2,309,755		(2,027	)		30,713,284
Property under capital lease		730,182			—		—			730,182
Natural gas		92,787			—		—			92,787
Construction work in progress		609,431			176,716		—			786,147
Nuclear fuel under capital lease		269,485			—		—			269,485
Nuclear fuel		206,889			354,402		—			561,291
Total property, plant and equipment		30,314,330			2,840,873		(2,027	)		33,153,176
Less - accumulated depreciation and amortization		13,366,710			348,389		—			13,715,099
Property, plant and equipment - net		16,947,620			2,492,484		(2,027	)		19,438,077
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
SFAS 109 regulatory asset - net		740,110			—		—			740,110
Other regulatory assets		2,768,352			—		—			2,768,352
Deferred fuel costs		168,122			—		—			168,122
Long-term receivables		19,349			—		—			19,349
Goodwill		374,099			3,073		—			377,172
Other		736,461			781,364		(619,163	)		898,662
Total		4,806,493			784,437		(619,163	)		4,971,767
TOTAL ASSETS	$	33,688,836		$	7,299,640	$	(9,905,745	)	$	31,082,731

^(a) 2006reflects deconsolidationof Entergy New Orleans, Inc.

Totals may not foot due to rounding.

18

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

2006 CONSOLIDATING BALANCE SHEET (unaudited)^(a)

	Utility/ Parent/ Other			Competitive Businesses			Eliminations			Consolidated
	In thousands, as of December 31, 2006.
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	93,335		$	88,241		$	—		$	181,576
Notes payable:
Associated companies		979,198			567,741			(1,546,939	)		—
Other		25,039			—			—			25,039
Accounts payable:
Associated companies		69,355			17,949			(87,304	)		—
Other		901,434			221,162			—			1,122,596
Customer deposits		248,031			—			—			248,031
Taxes accrued		167,060			20,264			—			187,324
Interest accrued		159,527			1,304			—			160,831
Deferred fuel costs		73,031			—			—			73,031
Obligations under capital leases		153,246			—			—			153,246
Pension and other postretirement liabilities		39,008			2,904			—			41,912
Other		100,501			171,043			—			271,544
Total		3,008,765			1,090,608			(1,634,243	)		2,465,130
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		5,451,700			369,000			—			5,820,700
Accumulated deferred investment tax credits		358,550			—			—			358,550
Obligations under capital leases		188,033			—			��			188,033
Other regulatory liabilities		449,237			—			—			449,237
Decommissioning and retirement cost liabilities		1,249,482			774,364			—			2,023,846
Transition to competition		79,098			—			—			79,098
Regulatory reserves		219			—			—			219
Accumulated provisions		81,053			7,849			—			88,902
Pension and other postretirement liabilities		1,125,707			284,726			—			1,410,433
Long-term debt		8,560,534			301,805			(64,252	)		8,798,087
Preferred stock with sinking fund		10,500			—			—			10,500
Other		1,173,625			233,424			(559,853	)		847,196
Total		18,727,738			1,971,168			(624,105	)		20,074,801
Preferred stock without sinking fund		310,751			426,099			(391,937	)		344,913
SHAREHOLDERS’ EQUITY:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 248,174,087 shares in 2006		2,228,350			1,068,642			(3,294,510	)		2,482
Paid-in capital		6,668,007			1,500,553			(3,341,295	)		4,827,265
Retained earnings		5,592,532			1,304,107			(783,597	)		6,113,042
Accumulated other comprehensive income (loss)		(82,917	)		(18,221	)		626			(100,512	)
Less – treasury stock, at cost (45,506,311 shares in 2006)		2,764,390			43,316			(163,316	)		2,644,390
Total		11,641,582			3,811,765			(7,255,460	)		8,197,887
Commitments and Contingencies
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	33,688,836		$	7,299,640		$	(9,905,745	)	$	31,082,731

^(a) 2006reflects deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

19

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CASH FLOW

	2006(a)			2005(a)			2004(b)			2003			2002
	In thousands, for the years ended December 31,
OPERATING ACTIVITIES:
Consolidated net income	$	1,132,602		$	898,331		$	909,524		$	926,943		$	599,360
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Reserve for regulatory adjustments		36,352			(82,033	)		33,533			13,090			18,848
Other regulatory credits - net		(122,680	)		(49,882	)		(90,611	)		(13,761	)		(141,836	)
Depreciation, amortization, and decommissioning		1,035,153			1,001,852			1,045,122			996,603			915,597
Deferred income taxes, investment tax credits, and non-current taxes accrued		738,643			487,804			352,094			1,189,531			(256,664	)
Cumulative effect of accounting changes		—			—			—			(137,074	)		—
Equity in earnings (loss) of unconsolidated equity affiliates - net of dividends		4,436			4,315			608,141			(176,036	)		(181,878	)
Provisions for asset impairments and restructuring charges		—			39,767			55,000			(7,743	)		428,456
Changes in working capital:
Receivables		408,042			(367,351	)		(210,419	)		(140,612	)		(43,957	)
Fuel inventory		13,097			(83,125	)		(16,769	)		(14,015	)		1,030
Accounts payable		(83,884	)		303,194			95,306			(60,164	)		286,230
Taxes accrued		(835	)		(33,306	)		(1,581	)		(882,446	)		462,956
Interest accrued		5,975			15,133			5,269			(35,837	)		7,209
Deferred fuel		582,947			(236,801	)		213,627			(33,874	)		156,181
Other working capital accounts		64,479			(45,653	)		41,008			16,809			(286,232	)
Provision for estimated losses and reserves		39,822			(3,704	)		(18,041	)		196,619			10,533
Changes in other regulatory assets		(127,305	)		(311,934	)		48,626			22,671			71,132
Other		(307,429	)		(68,799	)		(140,510	)		145,116			134,738
Net cash flow provided by operating activities		3,419,415			1,467,808			2,929,319			2,005,820			2,181,703
INVESTING ACTIVITIES:
Construction/capital expenditures		(1,586,016	)		(1,458,086	)		(1,410,610	)		(1,568,943	)		(1,530,301	)
Allowance for equity funds used during construction		39,894			45,736			39,582			42,710			31,658
Nuclear fuel purchases		(326,248	)		(314,414	)		(238,170	)		(224,308	)		(250,309	)
Proceeds from sale/leaseback of nuclear fuel		135,190			184,403			109,988			150,135			183,664
Proceeds from sale of assets and businesses		77,159			—			75,430			25,987			215,088
Payment for purchase of plant		(88,199	)		(162,075	)		—			—			—
Investment in non-utility properties		—			—			(6,420	)		(71,438	)		(216,956	)
Decrease (increase) in other investments		(6,353	)		9,905			383,498			172,187			38,964
Purchases of other temporary investments		—			(1,591,025	)		(1,629,500	)		(613,464	)		—
Liquidation of other temporary investments		—			1,778,975			1,676,350			378,664			150,000
Proceeds from nuclear decommissioning trust fund sales		777,584			944,253			679,466			729,440			1,504,997
Investment in nuclear decommissioning trust funds		(884,123	)		(1,039,824	)		(769,273	)		(820,958	)		(1,589,911	)
Other regulatory investments		(38,037	)		(390,456	)		(53,566	)		(156,446	)		(39,390	)
Other		—			—			—			(11,496	)		114,033
Net cash flow used in investing activities		(1,899,149	)		(1,992,608	)		(1,143,225	)		(1,967,930	)		(1,388,463	)
FINANCING ACTIVITIES:
Proceeds from the issuance of:
Long-term debt		1,837,713			4,302,570			3,653,478			4,596,189			1,197,330
Preferred stock		73,354			127,995			—			—			—
Common stock and treasury stock		70,455			106,068			170,237			217,521			130,061
Retirement of long-term debt		(1,804,373	)		(2,689,206	)		(4,022,548	)		(5,284,917	)		(1,341,274	)
Repurchase of common stock		(584,193	)		(878,188	)		(1,017,996	)		(8,135	)		(118,499	)
Redemption of preferred stock		(183,881	)		(33,719	)		(3,450	)		(3,450	)		(1,858	)
Changes in credit line borrowings - net		(15,000	)		39,850			(154	)		—			244,333
Dividends paid:
Common stock		(448,954	)		(453,508	)		(427,901	)		(362,814	)		(298,991	)
Preferred stock		(28,848	)		(25,472	)		(23,525	)		(23,524	)		(23,712	)
Net cash flow provided by (used in) financing activities		(1,083,727	)		496,390			(1,671,859	)		(869,130	)		(212,610	)
Effect of exchange rates on cash and cash equivalents		(3,207	)		(602	)		(1,882	)		3,345			3,125
Net increase (decrease) in cash and cash equivalents		433,332			(29,012	)		112,353			(827,895	)		583,755
Cash and cash equivalents at beginning of period		582,820			619,786			507,433			1,335,328			751,573
Effect of the deconsolidation of Entergy New Orleans on cash and cash equivalents		—			(7,954	)
Cash and cash equivalents at end of period	$	1,016,152		$	582,820		$	619,786		$	507,433		$	1,335,328

^(a) 2006and 2005 reflect deconsolidation of Entergy New Orleans,Inc.

^(b) ProForma Statement of Cash Flow reflecting deconsolidation of Entergy New Orleans, Inc. can be found on page 58.

Certain prior year data has been reclassified to conform with current year presentation.

20

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF CASH FLOW

	2006(a)			2005(a)		2004(b)		2003		2002
	In thousands, for the years ended December 31,
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest – net of amount capitalized	$	526,424		$	461,345	$	477,768	$	552,017	$	633,931
Income taxes	$	(147,435	)	$	116,072	$	28,241	$	188,709	$	57,856
Noncash investing and financing activities:
Debt assumed by the Damhead Creek purchaser		—			—		—		—	$	488,432
Decommissioning trust funds acquired in nuclear power plant acquisitions		—			—		—		—	$	310,000
Long-term debt refunded with proceeds from long-term debt issued in prior period		—			—		—		—	$	(47,000	)

^(a) 2006 and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

^(b) Pro Forma Statement of Cash Flow reflecting deconsolidation of Entergy New Orleans, Inc. can be found on page 58.

CASH FLOW INFORMATION BY BUSINESS

	Utility/ Parent/ Other		Entergy Nuclear		Energy Commodity Services		Consolidated
	For the years ended December 31, 2006, 2005, 2004, 2003, and 2002. ($ thousands)
2006(a)
Net cash flow provided by (used in) operating activities	2,680,447		833,318		(94,350	)	3,419,415
Net cash flow provided by (used in) investing activities	(1,458,581	)	(450,219	)	9,651		(1,899,149	)
Net cash flow provided by (used in) financing activities	(959,555	)	(211,544	)	87,372		(1,083,727	)
2005(a)
Net cash flow provided by (used in) operating activities	934,562		551,263		(18,017	)	1,467,808
Net cash flow provided by (used in) investing activities	(1,673,600	)	(368,497	)	49,489		(1,992,608	)
Net cash flow provided by (used in) financing activities	640,489		(110,482	)	(33,617	)	496,390
2004
Net cash flow provided by operating activities	2,034,882		414,518		479,919		2,929,319
Net cash flow provided by (used in) investing activities	(1,005,814	)	(386,023	)	248,612		(1,143,225	)
Net cash flow used in financing activities	(909,431	)	(37,894	)	(724,534	)	(1,671,859	)
2003
Net cash flow provided by (used in) operating activities	1,934,587		182,524		(111,291	)	2,005,820
Net cash flow used in investing activities	(1,704,897	)	(184,913	)	(78,120	)	(1,967,930	)
Net cash flow provided by (used in) financing activities	(1,028,623	)	(6,672	)	166,165		(869,130	)
2002
Net cash flow provided by (used in) operating activities	1,903,828		281,589		(3,714	)	2,181,703
Net cash flow used in investing activities	(949,039	)	(438,664	)	(760	)	(1,388,463	)
Net cash flow provided by (used in) financing activities	(322,621	)	176,162		(66,151	)	(212,610	)

^(a) 2006 and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

Certain prior year data has been reclassified to conform with current year presentation.

21

CONSOLIDATED FINANCIAL RESULTS

FINANCIAL RESULTS

CONSOLIDATED STATEMENTS OF RETAINED EARNINGS, COMPREHENSIVE INCOME, AND PAID–IN CAPITAL

	2006						2005						2004						2003						2002
	In thousands, for the years ended December 31,
RETAINED EARNINGS
Retained Earnings – Beginning of period	$	5,433,931					$	4,989,826					$	4,502,508					$	3,938,693					$	3,638,448
Add:
Consolidated net income		1,132,602		$	1,132,602			898,331		$	898,331			909,524		$	909,524			926,943		$	926,943			599,360		$	599,360
Adjustment for change in accounting method		—						—						5,524						—						—
Total		1,132,602						898,331						915,048						926,943						599,360
Deduct:
Dividends declared on common stock		448,572						453,657						427,740						362,941						299,031
Capital stock and other expenses		4,919						569						(10	)					187						84
Total		453,491						454,226						427,730						363,128						299,115
Retained Earnings – End of period	$	6,113,042					$	5,433,931					$	4,989,826					$	4,502,508					$	3,938,693
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Net of taxes)
Balance at beginning of period:
Accumulated derivative instrument fair value changes	$	(392,614	)				$	(141,411	)				$	(25,811	)				$	17,313					$	(17,973	)
Other accumulated comprehensive (loss) items		48,795						47,958						18,016						(39,673	)					(70,821	)
Total		(343,819	)					(93,453	)					(7,795	)					(22,360	)					(88,794	)
Net derivative instrument fair value changes arising during the period (net of tax expense (benefit) of $187,462, $(159,236), $(74,082), $(27,862), and $20,264		287,036			287,036			(251,203	)		(251,203	)		(115,600	)		(115,600	)		(43,124	)		(43,124	)		35,286			35,286
Foreign currency translation (net of tax expense (benefit) of $1,122, $211, $659, $1,459, and $(5,420))		3,207			3,207			602			602			1,882			1,882			4,169			4,169			65,948			(15,487	)
Minimum pension liability (net of tax expense (benefit) of $(5,911) $(9,176), $1,875, $503, and $(6,527))		(7,759	)		(7,759	)		(15,773	)		(15,773	)		2,762			2,762			1,153			1,153			(10,489	)		(10,489	)
Pension and other postretirement liabilities (net of tax expense (benefit) of $(92,419))(75,805)		—						—						—						—						—
Net unrealized investment gains (losses) (net of tax expense (benefit) of $28,428, $10,573, $16,599, $33,422, and $(19,176))		36,628			36,628			16,008			16,008			25,298			25,298			52,367			52,367			(24,311	)		(24,311	)
Balance at end of period:
Accumulated derivative instrument fair value changes		(105,578	)					(392,614	)					(141,411	)					(25,811	)					17,313
Other accumulated comprehensive income (loss) items		5,066						48,795						47,958						18,016						(39,673	)
Total	$	(100,512	)				$	(343,819	)				$	(93,453	)				$	(7,795	)				$	(22,360	)
Comprehensive Income				$	1,451,714					$	647,965					$	823,866					$	941,508					$	584,359
PAID-IN CAPITAL
Paid-in Capital – Beginning of period	$	4,817,637					$	4,835,375					$	4,767,615					$	4,666,753					$	4,662,704
Add (Deduct):
Issuance of equity units		—						(39,904	)					—						—						—
Common stock issuances related to stock plans		9,628						22,166						67,760						100,862						4,049
Paid-in Capital – End of period	$	4,827,265					$	4,817,637					$	4,835,375					$	4,767,615					$	4,666,753

Certain prior year data has been reclassified to conform with current year presentation.

22

CONSOLIDATED FINANCIAL RESULTS

CONSOLIDATED CAPITAL EXPENDITURES

HISTORICAL CAPITAL EXPENDITURES

	2006	2005	2004	2003	2002
	($ millions)
Utility/Parent/Other
Entergy New Orleans	76	58	51	66	58
All others	1,350	1,458	1,115	1,201	1,098
Entergy Nuclear	303	161	243	281	348
Energy Commodity Services	21	1	8	92	244
Total Historical Capital Expenditures	1,750	1,678	1,417	1,640	1,748

PLANNED CAPITAL EXPENDITURES EXCLUDING ENTERGY NEW ORLEANS

	2007	2008	2009
	($ millions)
Maintenance Capital:
Utility/Parent/Other	788	766	763
Entergy Nuclear	97	78	82
Total Maintenance Capital	885	844	845
Other Capital Commitments:
Utility/Parent/Other	406	985	482
Entergy Nuclear	447	172	219
Total Other Capital Commitments	853	1,157	701
Total Planned Capital Expenditures	1,738	2,001	1,546

ENTERGY CORPORATION SECURITIES DETAIL

ENTERGY CORPORATION LONG-TERM DEBT

							As of December 31,
CUSIP		Rate		Maturity Date	First Call Date	Current or First Call Price	2006	2005	2004
							($ millions)
	$2B Bank Credit Facility			05/10			820	785	—
	$1.5B Bank Credit Facility(a)			12/08			—	—	50
	Bank Term Loan	2.98	%	06/10			60	60	60
	Bank Term Loan	3.08	%	11/08			35	35	35
29364GA*4	6.17% Notes	6.17	%	03/08	Now	MW (T+.50%)	72	72	72
29364GB*3	6.23% Notes	6.23	%	03/08	Now	MW (T+.50%)	15	15	15
29364GAC7	6.13% Notes	6.13	%	09/08	Now	MW (T+.50%)	150	150	150
29364GAA1	7.75% Notes	7.75	%	12/09	Now	MW (T+.50%)	267	267	267
29364GAB9	6.58% Notes	6.58	%	05/10	Now	MW (T+.50%)	75	75	75
29364GB@1	6.9% Notes	6.9	%	11/10	Now	MW (T+.50%)	140	140	140
29364G202,
29364G301	7.625% Notes(b)	7.625	%	02/11			500	500	—
29364GA@2	7.06% Notes	7.06	%	03/11	Now	MW (T+.50%)	86	86	86
Total							2,220	2,185	950

^(a) At December 31, 2004, Entergy Corporation had in place two separate revolving credit facilities, a 5-year credit facility and a 3-year credit facility. The 5-year credit facility, which expires in December 2009, has a borrowing capacity of $500 million, none of which was outstanding at December 31, 2004. The 3-year credit facility, which expires in May 2007, has a borrowing capacity of $965 million, of which $50 million was outstanding at December 31, 2004. These two facilities were terminated in May 2005.

^(b) In December 2005, Entergy Corporation sold 10 million equity units with a stated amount of $50 each. An equity unit consists of (1) a note, CUSIP 29364GAD5, initially due February 2011 and initially bearing interest at an annual rate of 5.75% and (2) a purchase contract that obligates the holder of the equity unit to purchase for $50 between 0.5705 and 0.7074 shares of Entergy Corporation common stock on or before February 17, 2009. Entergy will pay the holders quarterly contract adjustment payments of 1.875% per year on the stated amount of $50 per equity unit. Under the terms of the purchase contracts, Entergy Corporation will issue between 5,705,000 and 7,074,000 shares of common stock in the settlement of the purchase contracts (subject to adjustment under certain circumstances).

SECURITIES RATINGS (OUTLOOK)

	Corporate Credit
	MOODY’S	S&P
	As of April 2007.
Entergy Corporation	Baa3 (stable)	BBB (outlook negative)

23

UTILITY SELECTED DATA

UTILITY QUARTERLY FINANCIAL METRICS

	1Q	2Q	2006(a) 3Q	4Q	YTD	1Q	2Q	2005(a) 3Q	4Q	YTD	YTD % CHANGE
GAAP MEASURES
As-Reported Earnings ($ millions)	119.8	199.6	290.0	81.8	691.2	90.5	211.7	298.9	58.7	659.8	5
Return on Average Invested Capital – As-Reported (%)*	7.4	7.3	7.1	7.2	7.2	7.1	7.2	7.5	7.1	7.1	1
Return on Average Common Equity – As-Reported (%)*	11.8	11.5	11.1	11.3	11.3	11.4	11.5	12.0	11.4	11.4	(1	)
Debt to Capital Ratio (%)	50.4	51.0	50.6	51.3	51.3	51.7	51.4	51.5	51.8	51.8	(1	)
NON-GAAP MEASURES
Operational Earnings ($ millions)	114.1	188.9	282.7	101.4	687.1	90.5	211.7	298.9	58.7	659.8	4
Return on Average Invested Capital – Operational (%)*	7.4	7.3	7.1	7.2	7.2	7.1	7.2	7.5	7.1	7.1	1
Return on Average Common Equity – Operational (%)*	11.8	11.4	11.0	11.2	11.2	11.4	11.5	12.0	11.4	11.4	(2	)
Net Debt to Net Capital Ratio (%)	49.0	50.0	49.6	49.1	49.1	48.7	49.9	50.8	50.7	50.7	(3	)

^(a) 2006 and 2005 reflect deconsolidation of EntergyNew Orleans, Inc.

* Trailing twelve months. Totals may not foot due to rounding.

UTILITY ANNUAL FINANCIAL METRICS

	2006(a)	2005(a)	2004	2003	2002
GAAP MEASURES
As-Reported Earnings ($ millions)	691.2	659.8	643.4	469.1	583.2
Return on Average Invested Capital – As-Reported (%)	7.2	7.1	7.2	5.9	6.9
Return on Average Common Equity – As-Reported (%)	11.3	11.4	11.6	8.7	10.7
Debt to Capital Ratio (%)	51.3	51.8	51.7	54.1	55.5
NON-GAAP MEASURES
Operational Earnings ($ millions)	687.1	659.8	643.4	626.1	583.2
Return on Average Invested Capital – Operational (%)	7.2	7.1	7.2	7.1	6.9
Return on Average Common Equity – Operational (%)	11.2	11.4	11.6	11.5	10.7
Net Debt to Net Capital Ratio (%)	49.1	50.7	49.3	52.6	51.4

^(a) 2006 and 2005 reflect deconsolidation of EntergyNew Orleans, Inc.

UTILITY HISTORICAL CAPITAL EXPENDITURES

	2006	2005	2004	2003	2002
	($ millions)
Entergy Arkansas	259	317	270	335	277
Entergy Gulf States	376	371	358	349	355
Entergy Louisiana	449	551	240	258	210
Entergy Mississippi	212	164	163	189	158
System Energy Resources	34	37	32	18	40
Other	18	7	37	18	34
Total excluding Entergy New Orleans	1,348	1,447	1,101	1,167	1,074
Entergy New Orleans	76	58	51	66	58
Total including Entergy New Orleans	1,424	1,505	1,152	1,233	1,132

UTILITY PLANNED CAPITAL EXPENDITURES

	2007		2008		2009
	Maintenance Capital	Capital Commitments	Maintenance Capital	Capital Commitments	Maintenance Capital	Capital Commitments
	($ millions)
Entergy Arkansas	201	86	206	317	206	52
Entergy Gulf States	251	56	222	108	222	44
Entergy Louisiana	157	143	173	495	173	353
Entergy Mississippi	132	39	134	27	134	19
System Energy Resources	16	30	12	25	12	10
Other	19	52	16	13	15	4
Total excluding Entergy New Orleans	776	406	763	985	762	482
Entergy New Orleans	21	6	32	16	33	2
Total including Entergy New Orleans	797	412	795	1,001	795	484

UTILITY SECURITIES RATINGS (OUTLOOK)

	Mortgage Bonds					Preferred Stock
	Moody’s		S&P	Fitch		Moody’s	S&P	Fitch
	As of April 2007.
Entergy Arkansas, Inc.	Baa1 (stable)	A–	(outlook neg.)	BBB+	(stable)	Ba1	BB+	BBB–
Entergy Gulf States, Inc.	Baa3 (stable)	BBB+	(outlook neg.)	BBB	(stable)	Ba3	BB+	BB+
Entergy Louisiana, LLC	Baa1 (stable)	A–	(outlook neg.)	BBB+	(stable)	Ba1	BB+	BBB–
Entergy Mississippi, Inc.	Baa2 (stable)	A–	(outlook neg.)	BBB+	(stable)	Ba2	BB+	BBB–
Entergy New Orleans, Inc.	Withdrawn	D		CCC	(watch neg.)	Withdrawn	D	CC
System Energy Resources, Inc.	Baa3 (stable)	BBB	(outlook neg.)	BBB–	(stable)		—	—

24

UTILITY FINANCIAL RESULTS

2006 UTILITY/PARENT/OTHER CONSOLIDATING INCOME STATEMENT(unaudited)^(a)

	EAI			EGSI			ELL			EMI			ENOI			SERI			Parent/Other Eliminations			Utility/ Parent/ Other
		In thousands, for the year ending December 31, 2006.
OPERATING REVENUES:
Domestic electric	$	2,092,683		$	3,595,343		$	2,451,258		$	1,450,008		$	471,066		$	555,459		$	(1,550,017	)	$	9,065,800
Natural gas		—			84,230			—			—			100,088			—			(100,088	)		84,230
Competitive businesses		—			—			—			—			—			—			39,817			39,817
Total		2,092,683			3,679,573			2,451,258			1,450,008			571,154			555,459			(1,610,288	)		9,189,847
OPERATING EXPENSES:
Operation and maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		429,718			1,110,987			710,746			586,625			157,535			44,062			(158,816	)		2,880,857
Purchased power		614,246			1,288,137			824,645			463,015			217,212			—			(1,286,485	)		2,120,770
Nuclear refueling outage expenses		29,478			16,653			15,337			—			—			16,642			—			78,110
Other operation and maintenance		437,574			510,876			394,390			206,031			78,856			108,022			(121,747	)		1,614,002
Decommissioning		30,695			10,815			17,245			—			—			23,919			238			82,912
Taxes other than income taxes		75,585			136,734			61,168			63,126			34,953			23,963			(31,632	)		363,897
Depreciation and amortization		216,919			206,736			186,021			75,561			31,634			118,623			(26,977	)		808,517
Reorganization items		—			—			—			—			26,455			—			(26,455	)		—
Other regulatory charges (credits) - net		(25,794	)		5,451			(26,257	)		(65,714	)		4,160			(10,366	)		(4,160	)		(122,680	)
Total		1,808,421			3,286,389			2,183,295			1,328,644			550,805			324,865			(1,656,034	)		7,826,385
OPERATING INCOME		284,262			393,184			267,963			121,364			20,349			230,594			45,746			1,363,462
OTHER INCOME:
Allowance for equity funds used during construction		7,630			11,808			14,229			3,942			3,078			2,285			(3,078	)		39,894
Interest and dividend income		24,720			53,922			12,997			6,435			4,363			21,511			39,769			163,717
Equity in earnings (loss) of unconsolidated equity affiliates		—			—			—			—			—			—			95,366			95,366
Miscellaneous – net		(4,115	)		2,933			2,725			(2,348	)		(543	)		(392	)		2,295			555
Total		28,235			68,663			29,951			8,029			6,898			23,404			134,352			299,532
INTEREST AND OTHER CHARGES:
Interest on long-term debt		76,932			137,938			81,563			45,555			4,069			59,829			83,396			489,282
Other interest – net		8,877			11,842			10,653			5,661			15,260			102			46,801			99,196
Allowance for borrowed funds used during construction		(3,290	)		(6,988	)		(10,258	)		(2,675	)		(2,477	)		(720	)		2,477			(23,931	)
Total		82,519			142,792			81,958			48,541			16,852			59,211			132,674			564,547
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		229,978			319,055			215,956			80,852			10,395			194,787			47,424			1,098,447
Income taxes		56,824			107,067			78,338			28,567			5,051			54,529			(95,587	)		234,789
INCOME FROM CONTINUING OPERATIONS		173,154			211,988			137,618			52,285			5,344			140,258			143,011			863,658
LOSS FROM DISCONTINUED OPERATIONS (net of income tax expense of $ 67)		—			—			—			—			—			—			(496	)		(496	)
CONSOLIDATED NET INCOME		173,154			211,988			137,618			52,285			5,344			140,258			142,515			863,162
Preferred dividend requirements and other		7,560			3,966			6,950			2,828			1,286			—			1,773			24,363
EARNINGS APPLICABLE TO COMMON STOCK/EQUITY	$	165,594		$	208,022		$	130,668		$	49,457		$	4,058		$	140,258		$	140,742			838,799

^(a) 2006 reflects deconsolidation ofEntergy New Orleans, Inc.

Totals may not foot due to rounding.

25

UTILITY FINANCIAL RESULTS

2006 UTILITY/PARENT/OTHER CONSOLIDATING BALANCE SHEET (unaudited)^(a)

	EAI			EGSI			ELL			EMI			ENOI			SERI		Parent/Other Eliminations			Utility/ Parent/ Other
	In thousands, as of December 31, 2006.
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	2,849		$	2,923		$	2,743		$	2,128		$	3,886		$	56	$	80,883		$	95,468
Temporary cash investments – at cost, which approximates market		31,966			177,458			—			71,289			13,207			134,956		71,066			499,942
Total cash and cash equivalents		34,815			180,381			2,743			73,417			17,093			135,012		151,949			595,410
Notes receivable – Entergy New Orleans DIP loan		—			—			—			—			—			—		51,934			51,934
Notes receivable		—			—			—			—			—			—		266,717			266,717
Accounts receivable:
Customer		105,347			146,144			97,207			61,216			58,999			—		(58,401	)		410,512
Allowance for doubtful accounts		(15,257	)		(1,618	)		(1,856	)		(616	)		(10,563	)		—		10,562			(19,348	)
Associated companies		57,554			106,990			28,621			45,040			17,797			142,121		(403,222	)		(5,099	)
Other		114,108			50,811			22,652			9,032			8,428			3,301		104,322			312,654
Accrued unbilled revenues		66,876			79,538			69,628			32,550			23,758			—		(23,185	)		249,165
Total receivables		328,628			381,865			216,252			147,222			98,419			145,422		(369,924	)		947,884
Deferred fuel costs		2,157			—			46,310			—			18,996			—		(67,463	)		—
Accumulated deferred income taxes		19,232			20,352			—			—			—			—		(29,086	)		10,498
Fuel inventory – at average cost		22,973			69,211			—			7,645			5,041			—		84,959			189,829
Materials and supplies – at average cost		100,061			120,245			98,284			28,607			7,825			61,097		(7,840	)		408,279
Deferred nuclear refueling outage costs		23,678			12,971			23,639			—			—			5,060		—			65,349
Prepayments and other		6,368			16,725			5,769			107,398			5,641			1,480		6,753			150,134
Total		537,912			801,750			392,997			364,289			153,015			348,071		88,000			2,686,034
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity		11,206			—			—			5,531			3,259			—		7,705,193			7,725,189
Decommissioning trust funds		439,408			344,911			208,926			—			—			281,430		—			1,274,676
Non-utility property – at cost (less accumulated depreciation)		1,446			94,776			1,670			6,061			1,107			—		103,896			208,956
Other		2,976			25,218			4			—			—			—		11,670			39,868
Total		455,036			464,905			210,600			11,592			4,366			281,430		7,820,759			9,248,689
UTILITY PLANT:
Electric		6,599,348			8,857,166			6,693,633			2,692,971			698,081			3,248,582		(384,225	)		28,405,556
Property under capital lease		5,260			—			252,972			17			—			471,933		—			730,182
Natural gas		—			92,368			—			—			186,932			—		(186,513	)		92,787
Construction work in progress		113,069			149,392			190,454			79,950			21,824			38,088		16,654			609,431
Nuclear fuel under capital lease		124,850			73,422			82,464			—			—			55,280		(66,531	)		269,485
Nuclear fuel		21,044			10,821			—			—			—			10,222		164,802			206,889
Total utility plant		6,863,571			9,183,169			7,219,523			2,772,938			906,837			3,824,105		(455,813	)		30,314,330
Less – accumulated depreciation and amortization		2,986,576			4,263,307			2,959,422			945,548			446,673			2,000,320		(235,136	)		13,366,710
Utility plant – net		3,876,995			4,919,862			4,260,101			1,827,390			460,164			1,823,785		(220,677	)		16,947,620
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
SFAS 109 regulatory asset – net		93,682			465,259			157,789			26,378			—			92,600		(95,598	)		740,110
Other regulatory assets		542,052			1,001,016			539,309			186,986			295,440			293,292		(89,743	)		2,768,352
Deferred fuel costs		—			100,124			67,998			—			—			—		—			168,122
Long-term receivables		—			9,833			5,986			2,288			936			—		306			19,349
Goodwill		—			—			—			—			—			—		374,099			374,099
Other		35,359			23,928			20,062			21,968			7,230			14,062		613,852			736,461
Total		671,093			1,600,160			791,144			237,620			303,606			399,954		802,916			4,806,493
TOTAL ASSETS	$	5,541,036		$	7,786,677		$	5,654,842		$	2,440,891		$	921,151		$	2,853,240	$	8,490,998		$	33,688,836

^(a) 2006 reflects deconsolidationof Entergy New Orleans, Inc.

Totals may not foot due to rounding.

26

UTILITY FINANCIAL RESULTS

2006 UTILITY/PARENT/OTHER CONSOLIDATING BALANCE SHEET (unaudited)^(a)

	EAI		EGSI			ELL			EMI			ENOI		SERI		Parent/ Other Eliminations			Utility/ Parent/ Other
	In thousands, as of December 31, 2006.
LIABILITIES AND SHAREHOLDERS’ OR MEMBERS’ EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	—	$	—		$	—		$	—		$	—	$	93,335	$	—		$	93,335
DIP credit facility		—		—			—			—			51,934		—		(51,934	)		—
Notes payable:
Associated companies		—		—			—			—			—		—		979,198			979,198
Other		—		—			—			—			—		—		25,039			25,039
Accounts payable:
Associated companies		64,546		79,584			160,555			59,696			94,686		1,634		(391,346	)		69,355
Other		117,655		200,746			203,076			38,097			76,831		26,636		238,393			901,434
Customer deposits		49,978		68,844			72,579			51,568			14,808		—		(9,746	)		248,031
Taxes accrued		37,161		27,781			6,237			45,687			2,086		47,988		120			167,060
Accumulated deferred income taxes		—		—			32,026			3,963			2,924		1,828		(40,741	)		—
Interest accrued		19,579		34,483			30,489			13,063			18,004		46,135		(2,226	)		159,527
Deferred fuel costs		—		26,262			—			95,236			—		—		(48,467	)		73,031
Obligations under capital leases		56,265		24,769			39,067			2			—		33,142		—			153,246
Pension and other postretirement liabilities		—		7,662			8,276			—			—		—		23,070			39,008
Other		15,372		31,933			30,425			17,622			6,154		—		(1,005	)		100,501
Total		360,556		502,064			582,730			324,934			267,427		250,698		720,355			3,008,765
NON-CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		1,243,855		1,803,461			1,827,900			516,558			98,884		304,691		(343,649	)		5,451,700
Accumulated deferred investment tax credits		59,834		127,202			89,242			11,047			3,157		68,660		(592	)		358,550
Obligations under capital leases		73,845		48,653			43,397			—			—		22,138		—			188,033
SFAS 109 regulatory liability – net		—		—			—			—			71,870		—		(71,870	)		—
Other regulatory liabilities		103,350		53,648			50,210			—			—		242,029		—			449,237
Decommissioning and retirement cost liabilities		472,810		191,036			238,536			4,254			2,591		342,846		(2,591	)		1,249,482
Transition to competition		—		79,098			—			—			—		—		—			79,098
Regulatory reserves		—		219			—			—			—		—		—			219
Accumulated provisions		14,539		21,245			23,798			10,036			8,385		2,422		628			81,053
Pension and other postretirement liabilities		259,147		141,834			146,646			64,604			60,033		32,060		421,383			1,125,707
Long-term debt		1,306,201		2,358,327			1,147,647			795,187			229,875		729,914		1,993,383			8,560,534
Preferred stock with sinking fund		—		10,500			—			—			—		—		—			10,500
Other		96,623		196,512			86,428			46,253			5,161		396		742,252			1,173,625
Total		3,630,204		5,031,735			3,653,804			1,447,939			479,956		1,745,156		2,738,944			18,727,738
Preferred stock without sinking fund		116,350		47,327			100,000			50,381			19,780		—		(23,087	)		310,751
SHAREHOLDERS’ OR MEMBERS’ EQUITY:
Common stock or members’ equity		470		114,055			1,344,003			199,326			33,744		789,350		(252,598	)		2,228,350
Paid-in capital/capital stock expense and other		588,528		1,457,486			—			(690	)		36,294		—		4,586,389			6,668,007
Retained earnings		844,928		653,924			—			419,001			83,950		68,036		3,522,693			5,592,532
Accumulated other comprehensive income (loss)		—		(19,914	)		(25,695	)		—			—		—		(37,308	)		(82,917	)
Less – treasury stock, at cost		—		—			—			—			—		—		2,764,390			2,764,390
Total		1,433,926		2,205,551			1,318,308			617,637			153,988		857,386		5,054,786			11,641,582
Commitments and Contingencies
TOTAL LIABILITIES AND SHAREHOLDERS’ OR MEMBERS’ EQUITY	$	5,541,036	$	7,786,677		$	5,654,842		$	2,440,891		$	921,151	$	2,853,240	$	8,490,998		$	33,688,836

^(a) 2006 reflects deconsolidationof Entergy New Orleans, Inc.

Totals may not foot due to rounding.

27

UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS

	2006	2005	2004	2003		2002
ENTERGY ARKANSAS, INC
As-Reported Earnings ($ millions)	165.6	166.9	134.4	118.2		127.9
Less Special Items ($ millions)	—	—	—	(28.4	)	—
Operational Earnings ( $ millions)	165.6	166.9	134.4	146.6		127.9
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)	11.6	12.1	10.3	9.4		10.4
Return on Average Invested Capital – As-Reported (%)	7.6	7.6	6.6	6.2		6.8
Cash Flow Interest Coverage (# times)	7.0	7.7	7.9	5.5		4.7
Debt to Capital Ratio (%)	48.1	47.5	50.1	51.2		53.7
Total Debt ($ millions)	1,436	1,400	1,450	1,465		1,560
Total Preferred ($ millions)	116	116	116	116		116
Total Equity ( $ millions)	1,434	1,430	1,327	1,278		1,230
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)	11.6	12.1	10.3	11.7		10.4
Return on Average Invested Capital – Operational (%)	7.6	7.6	6.6	7.1		6.8
Net Debt to Net Capital Ratio (%)	47.5	47.4	48.5	51.1		52.1
ENTERGY GULF STATES, INC.
As-Reported Earnings ($ millions)	208.0	202.3	187.8	37.9		169.2
Less Special Items ($ millions)	—	—	—	(102.4	)	—
Operational Earnings ( $ millions)	208.0	202.3	187.8	140.3		169.2
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)	9.4	10.1	10.8	2.2		10.0
Return on Average Invested Capital – As-Reported (%)	6.4	6.5	6.6	3.1		6.3
Cash Flow Interest Coverage (# times)	6.5	1.5	5.3	4.4		4.8
Debt to Capital Ratio (%)	52.0	51.7	53.1	58.3		57.2
Total Debt ($ millions)	2,442	2,426	2,078	2,439		2,401
Total Preferred ($ millions)	47	47	47	47		72
Total Equity ( $ millions)	2,206	2,224	1,785	1,695		1,725
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)	9.4	10.1	10.8	8.2		10.0
Return on Average Invested Capital – Operational (%)	6.4	6.5	6.6	5.6		6.3
Net Debt to Net Capital Ratio (%)	50.1	51.4	53.0	56.2		53.7
ENTERGY LOUISIANA, LLC(a)
As-Reported Earnings ($ millions)	130.7	128.1	127.5	146.1		144.7
Less Special Items ($ millions)	—	—	—	(12.6	)	—
Operational Earnings ( $ millions)	130.7	128.1	127.5	158.7		144.7
GAAP MEASURES
Return on Average Members’ Equity – As-Reported (%)	10.8	12.0	12.4	14.3		12.9
Return on Average Invested Capital – As-Reported (%)	7.3	7.8	8.4	8.9		8.5
Cash Flow Interest Coverage (# times)	6.1	3.1	8.3	6.0		11.7
Debt to Capital Ratio (%)	46.4	51.3	49.6	48.6		55.0
Total Debt ($ millions)	1,230	1,271	1,017	968		1,250
Total Preferred ($ millions)	100	100	—	—		—
Total Equity ( $ millions)	1,318	1,105	1,033	1,022		1,021
NON-GAAP MEASURES
Return on Average Members’ Equity – Operational (%)	10.8	12.0	12.4	15.5		12.9
Return on Average Invested Capital – Operational (%)	7.3	7.8	8.4	9.5		8.5
Net Debt to Net Capital Ratio (%)	46.4	49.2	45.8	48.4		47.9

^(a) EffectiveDecember 31, 2005, Entergy Louisiana, LLC, (ELL), a limited liability company organized under the laws of the State of Texas as part of a restructuring involving a Texas statutory merger-by-division, succeeded to all of the regulated utility operations of Entergy Louisiana, Inc. (ELI). ELL was allocated substantially all of the property and other assets of ELI, including all assets used to provide retail and wholesale electric service to ELI’s retail customers. ELL also assumed substantially all of the liabilities of ELI, including all of its debt securities and leases but excluding the outstanding preferred stock of ELI. Current and prior periods reflect metrics for ELL.

28

UTILITY FINANCIAL RESULTS

UTILITY SELECTED ANNUAL FINANCIAL METRICS (CONTINUED)

	2006	2005		2004	2003		2002
ENTERGY MISSISSIPPI, INC.
As-Reported Earnings ($ millions)	49.5	58.8		70.1	63.7		49.0
Less Special Items ($ millions)	—	—		—	(4.5	)	—
Operational Earnings ( $ millions)	49.5	58.8		70.1	68.2		49.0
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)	8.3	10.6		13.3	12.8		10.4
Return on Average Invested Capital – As-Reported (%)	5.9	6.7		7.7	7.2		6.4
Cash Flow Interest Coverage (# times)	9.5	1.1		7.3	7.3		4.7
Debt to Capital Ratio (%)	54.3	52.7		54.2	56.4		59.0
Total Debt ($ millions)	795	695		695	730		765
Total Preferred ( $ millions)	50	50		50	50		50
Total Equity ( $ millions)	618	573		537	514		482
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)	8.3	10.6		13.3	13.7		10.4
Return on Average Invested Capital – Operational (%)	5.9	6.7		7.7	7.6		6.4
Net Debt to Net Capital Ratio (%)	51.9	52.6		51.1	54.1		53.7
ENTERGY NEW ORLEANS, INC.
As-Reported Earnings ($ millions)	4.1	0.8		27.1	6.9		(1.2)
Less Special Items ($ millions)	—	—		—	(3.0	)	—
Operational Earnings ( $ millions)	4.1	0.8		27.1	9.9		(1.2)
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)	2.7	0.5		18.9	5.3		(0.9)
Return on Average Invested Capital – As-Reported (%)	3.3	1.8		9.6	4.6		3.4
Cash Flow Interest Coverage (# times)	5.9	(1.9	)	5.2	1.6		4.4
Debt to Capital Ratio (%)	61.9	66.4		56.9	60.1		60.7
Total Debt ($ millions)
Not Subject to Compromise ($ millions)	282	105		230	229		229
Subject to Compromise ($ millions)	—	230		—	—		—
Total Debt ( $ millions)	282	335		230	229		229
Total Preferred ( $ millions)	20	20		20	20		20
Total Equity ( $ millions)	154	150		154	133		129
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)	2.7	0.5		18.9	7.6		(0.9	)
Return on Average Invested Capital – Operational (%)	3.3	1.8		9.6	5.4		3.4
Net Debt to Net Capital Ratio (%)	60.4	62.8		56.0	59.6		52.3
SYSTEM ENERGY RESOURCES, INC.
As-Reported Earnings ($ millions)	140.3	111.6		105.9	106.0		103.4
Less Special Items ($ millions)	—	—		—	(6.1	)	—
Operational Earnings ( $ millions)	140.3	111.6		105.9	112.1		103.4
GAAP MEASURES
Return on Average Common Equity – As-Reported (%)	16.0	12.5		11.9	11.9		11.6
Return on Average Invested Capital – As-Reported (%)	9.9	8.1		7.7	7.9		8.0
Cash Flow Interest Coverage (# times)	3.1	5.5		7.1	2.9		4.0
Debt to Capital Ratio (%)	50.6	51.1		51.2	51.2		52.3
Total Debt ($ millions)	879	934		940	936		979
Total Preferred ( $ millions)	—	—		—	—		—
Total Equity ( $ millions)	857	894		895	893		892
NON-GAAP MEASURES
Return on Average Common Equity – Operational (%)	16.0	12.5		11.9	12.6		11.6
Return on Average Invested Capital – Operational (%)	9.9	8.1		7.7	8.2		8.0

29

UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY ARKANSAS, INC.

BONDS: CUSIP		Type*	Rate		Maturity Date	First Call Date	Current or First Call Price	As of December 31,
								2006			2005			2004
								(in millions)
29364DAC4	6.125% Series	M	6.125	%	07/05	—	—	$	—		$	—		$	100
29364DAM2	4.50% Series	M	4.50	%	06/10	Now	MW (T + .25%)		100			100			—
732835AW3	6.3% Series – Pope County(c)	G(b)	6.3	%	2016	Now	101%		20			20			20
472712EQ7	5.6% Series – Jefferson County	G(b)	5.6	%	2017	Now	100%		—			46			46
472712ER5	4.6% Series – Jefferson County(c)	G(b)	4.6	%	10/17	6/13/11	100%		55			—			—
472712DN5	6.3% Series – Jefferson County(c)	G(b)	6.3	%	2018	Now	101%		—			9			9
29364DAE0	5.4% Series	M	5.4	%	05/18	Now	MW (T + .25%)		150			150			150
29364DAH3	5.0% Series	M	5.0	%	07/18	Now	MW (T + .25%)		115			115			115
732835BA0	6.3% Series – Pope County	G(b)	6.3	%	2020	Now	100%		120			120			120
453424AY9	6.25% Series – Independence County(c)	G(b)	6.25	%	2021	—	—		—			—			45
453424BP	5.0% Series – Independence County(c)	G(b)	5.0	%	2021	7/1/10	100%		45			45			—
041033CD1	7.0% Series	M	7.0	%	10/23	—	—		—			—			175
29364DAL4	5.66% Series	M	5.66	%	02/25	Now	MW (T + .20%)		175			175			—
732840AA1	5.05% Series – Pope County(d)	G(b)	5.05	%	2028	—	—		—			—			47
29364D811	6.7% Series	M	6.7	%	04/32	4/1/07	100%		100			100			100
29364D795	6.0% Series	M	6.0	%	11/32	11/12/07	100%		100			100			100
29364DAJ9	5.9% Series	M	5.9	%	06/33	Now	MW (T + .25%)		100			100			100
29364DAK6	6.38% Series	M	6.38	%	11/34	Now	MW (T + .25%)		60			60			60
	Total bonds								1,139			1,139			1,186
OTHER LONG-TERM DEBT:
	Long-Term United States Department of Energy Obligation(e)								169			161			156
	Unamortized Premium and Discount – Net								(2	)		(2	)		(4	)
	Other								—			—			1
TOTAL LONG-TERM DEBT									1,306			1,298			1,339
Less Amount Due Within One Year									—			—			147
Long-Term Debt Excluding Amount Due Within One Year								$	1,306		$	1,298		$	1,192
Fair Value of Long-Term Debt(a)								$	1,113		$	1,141		$	1,225
*  M = Mortgage; G = Governmental
Weighted-average annualized coupon rate									5.6	%		5.7	%		6.1	%

^(a) Thefair value excludes lease obligations, long-term DOE obligations, and other long-term debt and includes debt due within one year. It is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms.

^(b) Consistsof pollution control revenue bonds and environmental revenue bonds.

^(c) Thebonds are secured by a series of collateral first mortgage bonds.

^(d) Thebonds had a mandatory tender date of September 1, 2005. Entergy Arkansas purchased the bonds from the holders, pursuant to the mandatory tender provision, and has not remarketed the bonds at this time.

^(e) Pursuant to the Nuclear Waste Policy Act of 1982, Entergy’s nuclear owner/licensee subsidiaries have contracts with the DOE for spent nuclear fuel disposal service. The contracts include a one-time fee for generation prior to April 7, 1983. Entergy Arkansas is the only Entergy company that generated electric power with nuclear fuel prior to that date and includes the one-time fee, plus accrued interest, in long-term debt.

Totals may not foot due to rounding.

PREFERRED STOCK: CUSIP				Shares Authorized and Outstanding As of December 31,			As of December 31,						Call Price Per Share as of December 31, 2006
		Rate		2006	2005	2004	2006		2005		2004
							(in millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364D209	4.32% Series	4.32	%	70,000	70,000	70,000	$	7	$	7	$	7	$	103.65
29364D506	4.72% Series	4.72	%	93,500	93,500	93,500		9		9		9		107.00
29364D308	4.56% Series	4.56	%	75,000	75,000	75,000		8		8		8		102.83
29364D407	4.56% 1965 Series	4.56	%	75,000	75,000	75,000		8		8		8		102.50
29364D605	6.08% Series	6.08	%	100,000	100,000	100,000		10		10		10		102.83
29364D704	7.32% Series	7.32	%	—	100,000	100,000		—		10		10		—
29364D803	7.80% Series	7.80	%	—	150,000	150,000		—		15		15		—
29364D829	7.40% Series	7.40	%	—	200,000	200,000		—		20		20		—
29364D852	7.88% Series	7.88	%	—	150,000	150,000		—		15		15		—
	Cumulative, $25 par value:
29364D787	6.45% Series	6.45	%	3,000,000	—	—		75		—		—		25.00
	Cumulative, $0.01 par value:
29364D837	$ 1.96 Series(a)			—	600,000	600,000		—		15		15		—
	Total without sinking fund			3,413,500	1,613,500	1,613,500	$	116	$	116	$	116

30

UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY GULF STATES, INC.

BONDS: CUSIP		Type*		Rate	Maturity Date	First Call Date	Current or First Call Price	As of December 31,
								2006			2005			2004
								(in millions)
402550CG0	6.77% Series	M		6.77%	08/05	—	—	$	—		$	—		$	98
29364LAG7	3.6% Series	M		3.6%	06/08	Now	100%		325			325			325
296364LAW2	Libor + 0.75% Series	M		Libor + 0.75%	12/08	12/8/06	100%		350			350			—
29364LAN5	Libor + 0.4% Series	M		Libor + 0.4%	12/09	12/06	100%		225			225			225
29364LAV4	5.12% Series	M		5.12%	08/10	Now	MW (T + .25%)		100			100			—
128318BL5	5.45% Series – Calcasieu Parish	G(b)		5.45%	2010	Now	101%		22			22			22
730816AF9	6.75% Series – Calcasieu Parish	G(b)		6.75%	2012	Now	100%		48			48			48
29364LAQ5	4.875% Series	M		4.875%	11/11	Now	MW (T + .20%)		200			200			200
29364LAF9	6.0% Series	M		6.0%	12/12	Now	MW (T + .30%)		140			140			140
730816AF9	6.7% Series – Pointe Coupee     Parish	G(b)		6.7%	2013	Now	100%		17			17			17
450877AJ	5.7% Series – Iberville Parish	G(b)		5.7%	2014	Now	100%		22			22			22
952789AT2,	7.7% Series – West Feliciana     Parish	G	(b)	7.7%	2014	—	—		—			—			94
952789AU9,
952789AV7
29364LAS1	5.6% Series	M		5.6%	12/14	Now	MW (T + .25%)		50			50			50
29364LAU6	5.70% Series	M		5.70%	06/15	Now	MW (T +. 30%)		200			200			—
952789AQ8	5.8% Series – West Feliciana     Parish	G(b)		5.8%	2015	Now	100%		28			28			28
952789AW5	7.0% Series – West Feliciana     Parish	G(b)		7.0%	2015	Now	100%		39			39			39
952789AM7	7.5% Series – West Feliciana     Parish	G(b)		7.5%	2015	—	—		—			—			42
952789AS4	9.0% Series – West Feliciana     Parish	G(b)		9.0%	2015	—	—		—			—			45
29364LAN2	5.25% Series	M		5.25%	08/15	Now	MW (T + .15%)		200			200			200
952789AR6	5.8% Series – West Feliciana     Parish	G(b)		5.8%	2016	Now	100%		20			20			20
952789BB0	6.6% Series – West Feliciana     Parish	G(b)		6.6%	2028	Now	101%		40			40			40
29364LAL6	6.2% Series	M		6.2%	07/33	Now	MW (T + .15%)		240			240			240
2936LAT9	6.18% Series	M		6.18%	03/35	Now	MW (T + .30%)		85			85			—
	Total bonds								2,352			2,352			1,895
OTHER LONG-TERM DEBT:
2936H200	8.75% Junior Subordinated Deferrable Interest Debentures								—			—			88
	Unamortized Premium and Discount – Net								(2	)		(3	)		(2	)
	Other								9			9			9
TOTAL LONG-TERM DEBT									2,358			2,358			1,989
Less Amount Due Within One Year									—			—			98
Long-Term Debt Excluding Amount Due Within One Year								$	2,358		$	2,358		$	1,891
Fair Value of Long-Term Debt(a)								$	2,324		$	2,365		$	1,999
*M = Mortgage; G = Governmental Weighted-average annualized coupon rate									5.5	%		5.3	%		5.6	%

^(a) The fair value excludes lease obligations, long-term DOE obligations, and other long-term debt and includes debt duewithin one year. It is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms.

^(b) Consists ofpollution control revenue bonds and environmental revenue bonds.

Totals may not foot due to rounding.

PREFERRED STOCK: CUSIP				Shares Authorized and Outstanding As of December 31,			As of December 31,						Call Price Per Share as of December 31,
		Rate		2006	2005	2004	2006		2005		2004		2006
							(in millions)
Authorized 6,000,000 shares, $100 par value, cumulative
	Without sinking fund:
29364L201	4.40% Series	4.40	%	51,173	51,173	51,173	$	5	$	5	$	5	$	108.00
29364L789	4.50% Series	4.50	%	5,830	5,830	5,830		1		1		1		105.00
29364L797	4.40% 1949 Series	4.40	%	1,655	1,655	1,655		—		—		—		103.00
29364L805	4.20% Series	4.20	%	9,745	9,745	9,745		1		1		1		102.82
29364L300	4.44% Series	4.44	%	14,804	14,804	14,804		1		1		1		103.75
29364L508	5.00% Series	5.00	%	10,993	10,993	10,993		1		1		1		104.25
29364L607	5.08% Series	5.08	%	26,845	26,845	26,845		3		3		3		104.63
29364L409	4.52% Series	4.52	%	10,564	10,564	10,564		1		1		1		103.57
29364L706	6.08% Series	6.08	%	32,829	32,829	32,829		3		3		3		103.34
29364L847	7.56% Series	7.56	%	308,830	308,830	308,830		31		31		31		101.80
	Total without sinking fund			473,268	473,268	473,268	$	47	$	47	$	47
	With sinking fund:
29364L839	Adjustable Rate – A, 7.0%(b)	7.0	%	60,000	72,000	84,000		6		7		8	$	100.00
29364L821	Adjustable Rate – B, 7.0%(b)	7.0	%	45,000	67,500	90,000		4		7		9		100.00
	Total with sinking fund			105,000	139,500	174,000	$	10	$	14	$	17
Fair Value of Preferred Stock with sinking fund(a)							$	8	$	15	$	15

^(a) Fair values were determined using bid prices reported by dealer markets and by nationally recognized investment bankingfirms.

^(b) Represents weighted-average annualized rates for 2006, 2005, and2004.

Totals may not foot due to rounding.

31

UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY LOUISIANA, LLC

BONDS: CUSIP		Type*	Rate	Maturity Date	First Call Date	Current or First Call Price	As of December 31,
							2006		2005		2004
							(in millions)
29364WAD0	4.67% Series	M	4.67%	06/10	Now	MW (T + .20%)	$	55	$	55	$	—
29364WAG3	5.83% Series	M	5.83%	11/10	Now	MW (T + .30%)		150		150		—
29364MAC2	5.09% Series	M	5.09%	11/14	Now	MW (T + .20%)		115		115		115
29364WAE8	5.56% Series	M	5.56%	09/15	Now	MW (T + .25%)		100		100		—
29364WAA6	5.5% Series	M	5.5%	04/19	Now	MW (T + .25%)		100		100		100
788070BQ2	7.5% Series – St. Charles Parish	G(b)	7.5%	2021	—	—		—		—		50
788116AB7	7.0% Series – St. Charles Parish	G(b)	7.0%	2022	—	—		—		—		24
788116AA9	7.05% Series – St. Charles Parish	G(b)	7.05%	2022	—	—		—		—		20
788050AE2	5.95% Series – St. Charles Parish(c)	G(b)	5.95%	2023	Now	101%		—		25		25
788050AC6	6.2% Series – St. Charles Parish	G(b)	6.2%	2023	—	—		—		—		33
788050AH5	6.875% Series – St. Charles Parish	G(b)	6.875%	2024	—	—		—		—		20
788050AP7	6.375% Series – St. Charles Parish	G(b)	6.375%	2025	—	—		—		—		17
788070CD0	Auction Rate – St. Charles Parish(c)	G(b)	3.5%	2030	Now	100%		60		60		60
788070CC2	4.9% Series – St. Charles Parish(d)	G(b)	4.9%	2030	—	—		—		—		55
29364W207	7.6% Series	M	7.6%	04/32	4/1/07	100%		150		150		150
29364WAB4	6.4% Series	M	6.4%	10/34	Now	MW (T + .25%)		70		70		70
29364WAF5	6.3% Series	M	6.3%	09/35	Now	MW (T + .35%)		100		100		—
	Total bonds							900		925		739
OTHER LONG-TERM DEBT:
	Waterford 3 Lease Obligation 7.45%		7.45%					248		248		248
	Unamortized Premium and Discount – Net							—		—		(1	)
TOTAL LONG-TERM DEBT								1,148		1,172		986
Less Amount Due Within One Year								—		—		55
Long-Term Debt Excluding Amount Due Within One Year							$	1,148	$	1,172	$	931
Fair Value of Long-Term Debt(a)								$ 870	$	935	$	763
*M = Mortgage; G = Governmental
Weighted-average annualized coupon rate								6.2%		6.2%		5.9%

^(a) The using bid prices reported by dealerfair value excludes lease obligations, long-term DOE obligations, and other long-term debt and includes debt due within one year. It is determined markets and by nationally recognized investment banking firms.

^(b) Consists of pollution control revenue bonds and environmental revenue bonds.

^(c) The bonds are secured by a series of collateral first mortgage bonds.

^(d) The bonds had a mandatory tender date of June 1, 2005. Entergy Louisiana purchased the bonds from the holders, pursuant to the mandatory tender provision, and has not remarketed the bonds at this time.

Totals may not foot due to rounding.

ENTERGY LOUISIANA HOLDINGS, INC.^(a)

PREFERRED STOCK: CUSIP				Shares Authorized and Outstanding As of December 31,			As of December 31,						Call Price Per Share as of December 31,
		Rate		2006	2005	2004	2006		2005		2004		2006
							(in millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364M407	4.96% Series	4.96	%	—	60,000	60,000	$	—	$	6	$	6	—
29364M209	4.16% Series	4.16	%	—	70,000	70,000		—		7		7	—
29364M308	4.44% Series	4.44	%	—	70,000	70,000		—		7		7	—
29364M506	5.16% Series	5.16	%	—	75,000	75,000		—		8		8	—
29364M605	5.40% Series	5.40	%	—	80,000	80,000		—		8		8	—
29364M704	6.44% Series	6.44	%	—	80,000	80,000		—		8		8	—
29364M845	7.84% Series	7.84	%	—	100,000	100,000		—		10		10	—
29364M837	7.36% Series	7.36	%	—	100,000	100,000		—		10		10	—
	Cumulative, $25 par value:
29364M803	8.00% Series	8.00	%	—	1,480,000	1,480,000		—		37		37	—
	Total without sinking fund			—	2,115,000	2,115,000	$	—	$	101	$	101	—

^(a) OnDecember 31, 2005, and immediately prior to the formation of Entergy Louisiana, LLC (ELL), Entergy Louisiana, Inc. (ELI) changed its state of incorporation from Louisiana and its name to Entergy Louisiana Holdings, Inc. (ELH). ELH succeeded to ELI’s rights and obligations with respect to ELI’s outstanding preferred stock. Within three to six months of the effective date of the merger-by-division, ELH expects to redeem or repurchase and retire the ELI preferred stock then outstanding and thereafter amend its charter to eliminate authority toissue preferred stock.

Totals may not foot due to rounding.

ENTERGY LOUISIANA, LLC

PREFERRED STOCK:

				Shares Authorized and Outstanding As of December 31,			As of December 31,					Call Price Per Share as of December 31,
CUSIP		Rate		2006	2005	2004	2006		2005		2004	2006
							(in millions)
	Without sinking fund:
	Cumulative, $100 par value:
293649208	6.95% Series(a)	6.95	%	1,000,000	1,000,000	—	$	100	$	100	—	—

^(a) Redeemableon or after December 31, 2010 at the call price of $100 per share.

32

UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY MISSISSIPPI, INC.

BONDS: CUSIP		Type*	Rate		Maturity Date	First Call Date	Current or First Call Price	As of December 31,
								2006			2005			2004
								(in millions)
29364NAJ7	4.35% Series	M	4.35	%	04/08	Now	100%	$	100		$	100		$	100
29364NAM0	4.65% Series	M	4.65	%	05/11	Now	MW (T + .30%)		80			80			80
29364NAH1	5.15% Series	M	5.15	%	02/13	Now	MW (T + .20%)		100			100			100
29364NAN8	5.92% Series	M	5.92	%	02/16	Now	MT (T + .30%)		100			—			—
29364NAK4	4.95% Series	M	4.95	%	06/18	Now	MW (T + .25%)		95			95			95
605277AF9	4.60% Series –
	Mississippi Business Finance Corp.(c)	G(b)	4.60	%	2022	10/1/09	100%		16			16			16
453424BN2	Auction Rate – Independence County(c)	G(b)	3.60	%	2022	Now	100%		30			30			30
29364N876	6.0% Series	M	6.0	%	11/32	11/1/07	100%		75			75			75
29364N868	7.25% Series	M	7.25	%	12/32	11/22/07	100%		100			100			100
29364NAL2	6.25% Series	M	6.25	%	04/34	Now	MW (T + .25%)		100			100			100
Total bonds									796			696			696
OTHER LONG-TERM DEBT:
	Unamortized Premium and Discount – Net								(1	)		(1	)		(1	)
TOTAL LONG-TERM DEBT									795			695			695
Less Amount Due Within One Year									—			—			—
Long-Term Debt Excluding Amount Due Within One Year								$	795		$	695		$	695
Fair Value of Long-Term Debt(a)								$	779		$	698		$	716
*M = Mortgage; G = Governmental
Weighted-average annualized coupon rate									5.5	%		5.4	%		5.3	%

^(a) Theusing bid prices reported by dealer fair value excludes lease obligations, long-term DOE obligations, and other long-term debt and includes debt due within one year. It is determined markets and by nationally recognized investment banking firms.

^(b) Consistsof pollution control revenue bonds and environmental revenue bonds.

^(c) Thebonds are secured by a series of collateral first mortgage bonds.

Totals may not foot due to rounding.

PREFERRED STOCK: CUSIP				Shares Authorized and Outstanding As of December 31,			As of December 31,						Call Price Per Share as of December 31,
		Rate		2006	2005	2004	2006		2005		2004		2006
							(in millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364N207	4.36% Series	4.36	%	59,920	59,920	59,920	$	6	$	6	$	6	$	103.88
29364N306	4.56% Series	4.56	%	43,887	43,887	43,887		4		4		4		107.00
29364N405	4.92% Series	4.92	%	100.000	100,000	100,000		10		10		10		102.88
29364N603	7.44% Series	7.44	%	—	—	100,000		—		—		10		—
29364N801	8.36% Series	8.36	%	—	—	200,000		—		—		20		—
	Cumulative, $25 par value:
29364N850	6.25% Series(a)	6.25	%	1,200,000	1,200,000	—		30		30		—		—
	Total without sinking fund			1,403,807	1,403,807	503,807	$	50	$	50	$	50

^(a) Seriesis non-callable until August 2010; thereafter callable at par.

Totals may not foot due to rounding.

33

UTILITY SECURITIES DETAIL

UTILITY LONG-TERM DEBT AND PREFERRED STOCK

ENTERGY NEW ORLEANS, INC.

BONDS: CUSIP		Type*	Rate	Maturity Date	First Call Date	Current or First Call Price	As of December 31,
							2006			2005			2004
							(in millions)
29364PAB9	8.125% Series	M	8.125%	07/05	—	—	$	—		$	—		$	30
29364PAE3	3.875% Series	M	3.875%	08/08	Now	MW (T + .25%)		30			30			30
29364PAL7	4.98% Series	M	4.98%	07/10	Now	MW (T + .20%)		30			30			—
29364PAF0	5.25% Series	M	5.25%	08/13	Now	MW (T + .25%)		70			70			70
29364PAD5	6.75% Series	M	6.75%	10/17	10/15/05	100%		25			25			25
29364PAK9	5.6% Series	M	5.6%	09/24	9/1/08	100%		35			35			35
29364PAJ2	5.65% Series	M	5.65%	09/29	9/1/09	100%		40			40			40
	Total bonds							230			230			230
OTHER LONG-TERM DEBT:
Unamortized Premium and Discount – Net								—			—			—
TOTAL LONG-TERM DEBT(b)								230			230			230
Less Amount Due Within One Year								—			—			30
Long-Term Debt Excluding Amount Due Within One Year							$	230		$	230			$200
Fair Value of Long-Term Debt(a)							$	218		$	199		$	232
*  M = Mortgage; G = Governmental
Weighted-average annualized coupon rate								5.3	%		5.3	%		5.7	%

^(a) The fair value excludes lease obligations, long-term DOE obligations, and other long-term debt and includes debt due within one year. It is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms.

^(b) The 2005 long-term debt is classified as Liabilities Subject to Compromise on the Balance Sheet.

Totals may not foot due to rounding.

PREFERRED STOCK: CUSIP		Rate	Shares Authorized and Outstanding as of December 31,			As of December 31,						Call Price Per Share as of December 31,
			2006	2005	2004	2006		2005		2004		2006
						(in millions)
	Without sinking fund:
	Cumulative, $100 par value:
29364P301	4.75% Series	4.75%	77,798	77,798	77,798	$	8	$	8	$	8	$	105.00
29364P202	4.36% Series	4.36%	60,000	60,000	60,000		6		6		6		104.58
29364P400	5.56% Series	5.56%	60,000	60,000	60,000		6		6		6		102.59
	Total without sinking fund		197,798	197,798	197,798	$	20	$	20	$	20

SYSTEM ENERGY RESOURCES, INC.

BONDS: CUSIP		Type*	Rate	Maturity Date	First Call Date	Current or First Call Price	As of December 31,
							2006			2005			2004
871911AQ6	4.875% Series	M	4.875%	10/07	Now	MW (T + .30%)	$	70		$	70		$	70
	5.875% Series –
179423AC2	Mississippi Business Finance Corp.	G(b)	5.875%	2022	Now	101%		216			216			216
	5.9% Series –
605277AC6	Mississippi Business Finance Corp.	G(b)	5.9%	2022	Now	102%		103			103			103
179423AJ7	7.3% Series – Claiborne County	G(b)	7.3%	2025	—	—		—			—			—
179423AK4	6.2% Series – Claiborne County	G(b)	6.2%	2026	Now	100%		90			90			90
	Total bonds							479			479			479
OTHER LONG-TERM DEBT:
	Grand Gulf Lease Obligation 5.62%		5.62%					345			365			397
	Unamortized Premium and Discount – Net							(1	)		(1	)		(1	)
TOTAL LONG-TERM DEBT								823			843			875
Less Amount Due Within One Year								93			23			25
Long-Term Debt Excluding Amount Due Within One Year							$	730		$	820		$	850
Fair Value of Long-Term Debt(a)							$	480		$	475		$	470
*  M = Mortgage; G = Governmental
Weighted-average annualized coupon rate								5.6	%		5.6	%		5.8	%

^(a) The fair value excludes lease obligations, long-term DOE obligations, and other long-term debt and includes debt due within one year. It is determined using bid prices reported by dealer markets and by nationally recognized investment banking firms.

^(b) Consists of pollution control revenue bonds and environmental revenue bonds.

Totals may not foot due to rounding.

34

UTILITY STATISTICAL INFORMATION

UTILITY TOTAL CAPABILITY

As of December 31, 2006.	Operated		Owned & Leased (MW)(a)	Operated (MW)
	Plants	Units
Plants that use fuel type:
Gas/Oil	27	71	14,658	15,392
Coal	3	5	2,245	3,869
Petroleum Coke	1	2	–	200
Total Fossil	31	78	16,903	19,461
Hydro	3	7	70	150
Nuclear	4	5	5,114	5,241
Total Capability	38	90	22,087	24,852

All plants that have units with multiple fuel types are in the Gas & Oil plant count.

(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

UTILITY SELECTED OPERATING DATA

	2006		2005		2004	2003		2002
SOURCES OF ENERGY (GWh)(a)
Net Generation:
Gas & Oil	18,703		21,388		22,619	22,797		35,195
Coal	14,383		13,502		15,359	14,057		13,743
Nuclear	41,687		38,432		41,710	40,628		40,917
Hydro	74		97		151	115		164
Total Net Generation	74,847		73,419		79,839	77,597		90,019
Purchased Power:
Affiliated Companies	1,428		3,501		1,545	1,027		11
Non-affiliated Companies	36,974		36,689		36,422	36,660		27,307
Total Purchased Power	38,402		40,190		37,967	37,687		27,318
Total Sources of Energy	113,249		113,609		117,806	115,284		117,337
USES OF ENERGY (GWh)(a)
Electric Energy Sales:
Residential	31,665		31,569		32,897	32,817		32,581
Commercial	25,079		24,401		26,468	25,863		25,354
Industrial	38,339		37,615		40,293	38,637		41,018
Governmental	1,580		1,568		2,568	2,651		2,678
Total Retail	96,663		95,153		102,226	99,968		101,631
Sales for Resale	10,803		11,460		8,623	9,248		9,828
Unbilled Energy	(167	)	(823	)	1,140	249		233
Total Electric Energy Sales	107,299		105,790		111,989	109,465		111,692
Line Losses and Company Usage	5,950		7,819		5,817	5,819		5,645
Total Uses of Energy	113,249		113,609		117,806	115,284		117,337
Peak Demand (MW)	20,887		21,391		21,174	20,162		20,419
Operational Summer Capacity at Peak (MW)	22,087		22,247		21,207	21,144		22,373
Annual System Load Factor (%)	62		59		60	62		62
Retail Electric Sales Growth Rate (%)(a)	1.6		(1.1	)	2.3	(1.6	)	1.7
Retail Electric Sales Weather-Adjusted Growth Rate (%)(a)	1.9		(2.7	)	2.8	(1.4	)	1.2
Regional Gross Domestic Product Rate (%)	2.6		(0.3	)	2.5	2.2		2.1
National Gross Domestic Product Rate (%)	3.3		3.6		4.4	3.0		1.9
Average Fuel Cost (cents/KWh)(a)
Natural Gas	7.75		9.91		7.31	6.53		3.88
Nuclear Fuel	0.51		0.49		0.49	0.48		0.47
Coal	1.76		1.57		1.39	1.26		1.37
Fuel Oil	13.34		7.05		5.02	5.04		15.78
Purchased Power	5.48		6.37		4.51	4.24		2.80

^(a) 2006 and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

35

UTILITY STATISTICAL INFORMATION

2006 CONSOLIDATING UTILITY ELECTRIC STATISTICAL INFORMATION

	EAI	EGSI		ELL		EMI		ENOI		SERI		ELIMINATIONS		TOTAL(a)		%
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	705,998	1,121,721		797,197		568,435		105,924		—		(105,924	)	3,193,351		35	%
Commercial	417,914	882,735		532,999		484,297		165,066		—		(165,066	)	2,317,945		26	%
Industrial	435,931	1,149,935		809,237		235,281		44,582		—		(44,582	)	2,630,384		29	%
Governmental	19,390	49,129		40,454		45,433		59,399		—		(59,399	)	154,406		2	%
Total Retail	1,579,233	3,203,520		2,179,887		1,333,446		374,971		—		(374,971	)	8,296,086		92	%
Sales for Resale	472,509	343,613		227,391		80,445		91,283		555,450		(1,158,382	)	612,309		7	%
Other	40,941	48,210		43,980		36,117		4,812		9		(19,329	)	154,740		2	%
Total	2,092,683	3,595,343		2,451,258		1,450,008		471,066		555,459		(1,552,682	)	9,063,135		100	%
FUEL REVENUES (included in above revenues)
Residential	183,931	636,394		374,595		316,861		51,865		—		(51,865	)	1,511,781		33	%
Commercial	139,330	546,690		249,803		280,819		92,894		—		(92,894	)	1,216,642		27	%
Industrial	179,291	858,836		545,040		157,157		28,952		—		(28,952	)	1,740,324		38	%
Governmental	6,521	28,261		19,313		24,908		34,839		—		(34,839	)	79,003		2	%
Total Retail	509,073	2,070,181		1,188,751		779,745		208,550		—		(208,550	)	4,547,750		100	%
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	54	7,036		7,486		4,127		773		—		(773	)	18,703		17	%
Coal	7,226	4,460		—		2,697		—		—		—		14,383		13	%
Nuclear	15,233	7,461		9,270		—		—		9,723		—		41,687		37	%
Hydro	74	—		—		—		—		—		—		74		0	%
Total Net Generation	22,587	18,957		16,756		6,824		773		9,723		(773	)	74,847		66	%
Purchased Power:
Affiliated Companies	3,898	4,664		6,612		5,327		4,445		—		(23,518	)	1,428		1	%
Non-affiliated Companies	7,107	18,690		7,945		3,232		41		—		(41	)	36,974		33	%
Total Purchased Power	11,005	23,354		14,557		8,559		4,486		—		(23,559	)	38,402		34	%
Total Sources of Energy	33,592	42,311		31,313		15,383		5,259		9,723		(24,332	)	113,249		100	%
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	7,655	10,110		8,513		5,387		914		—		(914	)	31,665		30	%
Commercial	5,816	8,838		5,680		4,746		1,666		—		(1,666	)	25,079		23	%
Industrial	7,587	15,065		12,759		2,927		547		—		(547	)	38,339		36	%
Governmental	273	454		435		417		632		—		(632	)	1,580		1	%
Total Retail	21,331	34,467		27,387		13,477		3,759				(3,759	)	96,663		90	%
Sales for Resale	10,608	6,155		2,470		900		1,298		9,727		(20,355	)	10,803		10	%
Unbilled Energy	21	(148	)	(25	)	(15	)	(1	)	—		1		(167	)	0	%
Total Electric Energy Sales	31,960	40,474		29,832		14,362		5,056		9,727		(24,113	)	107,299		100	%
Line Losses and Company Usage	1,632	1,837		1,481		1,021		203		(4	)	(219	)	5,950		—
Total Uses of Energy	33,592	42,311		31,313		15,383		5,259		9,723		(24,332	)	113,249		—
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	9.22	11.10		9.32		10.55		11.59		—		—		10.07		—
Commercial	7.19	9.99		9.33		10.21		9.91		—		—		9.23		—
Industrial	5.75	7.63		6.34		8.04		8.15		—		—		6.86		—
Governmental	7.10	10.82		9.18		10.90		9.40		—		—		9.74		—
NUMBER OF RETAIL ELECTRIC CUSTOMERS(b) (as of December 31, 2006)
Residential	572,865	648,391		560,462		357,564		83,300		—		(83,300	)	2,139,282		86	%
Commercial	84,768	87,157		71,029		62,594		10,000		—		(10,000	)	305,548		12	%
Industrial	21,026	9,571		8,563		3,014		1,000		—		(1,000	)	42,174		2	%
Governmental	662	3,580		4,858		4,066		700		—		(700	)	13,166		1	%
Total Retail Customers	679,321	748,699		644,912		427,238		95,000		—		(95,000	)	2,500,170		100	%

^(a) 2006reflects deconsolidation of Entergy New Orleans, Inc.

^(b) Customercount data reflects estimates of customers in the hardest hit areas affected by Hurricane Katrina. Issues associated with temporary housing and resumption of service at permanent dwellings render precise counts difficult at this time.

Totals may not foot due to rounding.

36

UTILITY STATISTICAL INFORMATION

ENTERGY ARKANSAS, INC.

	2006	2005		2004	2003		2002
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	705,998	620,327		539,293	525,558		556,314
Commercial	417,914	347,641		304,809	291,442		304,498
Industrial	435,931	361,879		318,440	305,333		329,847
Governmental	19,390	17,722		15,796	14,792		15,358
Total Retail	1,579,233	1,347,569		1,178,338	1,137,125		1,206,017
Sales for Resale	472,509	403,090		436,049	421,893		328,194
Other	40,941	38,397		38,758	30,652		26,899
Total Electric Operating Revenues	2,092,683	1,789,056		1,653,145	1,589,670		1,561,110
FUEL REVENUES (included in above revenues)
Residential	183,931	107,585		70,315	63,152		93,116
Commercial	139,330	81,478		54,558	47,930		66,849
Industrial	179,291	103,181		69,712	63,204		87,780
Governmental	6,521	4,034		2,741	2,368		3,341
Total Retail Fuel Revenues	509,073	296,278		197,326	176,654		251,086
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	54	266		158	493		1,540
Coal	7,226	6,899		8,070	7,519		6,998
Nuclear	15,233	13,681		15,442	14,689		14,559
Hydro	74	97		151	115		164
Total Net Generation	22,587	20,943		23,821	22,816		23,261
Purchased Power:
Affiliated Companies	3,898	4,731		3,471	3,630		3,439
Non-affiliated Companies	7,107	5,858		6,562	7,293		6,917
Total Purchased Power	11,005	10,589		10,033	10,923		10,356
Total Sources of Energy	33,592	31,532		33,854	33,739		33,617
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	7,655	7,653		7,028	7,057		7,050
Commercial	5,816	5,730		5,428	5,328		5,221
Industrial	7,587	7,334		7,004	6,999		7,074
Governmental	273	288		275	266		255
Total Retail	21,331	21,005		19,735	19,650		19,600
Sales for Resale	10,608	8,658		12,348	12,435		11,880
Unbilled Energy	21	(83	)	121	(57	)	111
Total Electric Energy Sales	31,960	29,580		32,204	32,028		31,591
Line Losses and Company Usage	1,632	1,952		1,650	1,711		2,026
Total Uses of Energy	33,592	31,532		33,854	33,739		33,617
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	9.22	8.11		7.67	7.45		7.89
Commercial	7.19	6.07		5.62	5.47		5.83
Industrial	5.75	4.93		4.55	4.36		4.66
Governmental	7.10	6.16		5.75	5.56		6.02
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	572,865	571,168		562,899	557,025		548,693
Commercial	84,768	82,508		82,778	81,082		79,430
Industrial	21,026	20,364		21,212	21,336		20,045
Governmental	662	643		601	564		526
Total Retail Customers	679,321	674,683		667,490	660,007		648,694

37

UTILITY STATISTICAL INFORMATION

ENTERGY ARKANSAS, INC.

GENERATI ON PORTFOLIO

								Total Plant - 2006
Plant	Unit	Ownership		Commercial Operation	Owned & Leased Capability (MW)(a)	Fuel Type	Purpose	Net Generation (MWH)		Expenses Per Net MWH		Total Production Expense ($ 000)
Cecil Lynch	2	100	%	1949	68	Gas/Oil	Reserve	7,510		328.76		2,469
	3	100	%	1954	110	Gas/Oil	Reserve
Harvey Couch	1	100	%	1943	23	Gas/Oil	Reserve	28,891		235.33		6,799
	2	100	%	1954	125	Gas/Oil	Intermediate
Lake Catherine	1	100	%	1950	—	Gas/Oil	Reserve	16,894		607.67		10,266
	2	100	%	1950	—	Gas/Oil	Reserve
	3	100	%	1953	—	Gas/Oil	Reserve
	4	100	%	1970	547	Gas/Oil	Peaking
Hamilton Moses	1	100	%	1951	70	Gas/Oil	Reserve	(313	)	(1,543.13	)	483
	2	100	%	1951	70	Gas/Oil	Reserve
Mabelvale	1	100	%	1970	14	Gas/Oil	Peaking	2,869		345.07		990
	2	100	%	1970	14	Gas/Oil	Peaking
	3	100	%	1970	14	Gas/Oil	Peaking
	4	100	%	1970	14	Gas/Oil	Peaking
Robert Ritchie	1	100	%	1961	300	Gas/Oil	Reserve	(1,723	)	(576.32	)	993
	3	100	%	1970	16	Gas/Oil	Peaking	(11	)	(10,454.55	)	115
Independence	1	31.5	%	1983	263	Coal	Base	1,712,316		21.62		37,023
White Bluff	1	57	%	1980	465	Coal	Base	5,513,798		21.28		117,355
	2	57	%	1981	470	Coal	Base
Cecil Lynch	Diesel	100	%	1967	5	Oil	Peaking	—		—		31
Carpenter	1	100	%	1932	29	Hydro	Peaking	51,665		21.21		1,096
	2	100	%	1933	30	Hydro	Peaking
Remmel	1	100	%	1923	4	Hydro	Peaking	22,482		23.97		539
	2	100	%	1923	3	Hydro	Peaking
	3	100	%	1923	4	Hydro	Peaking
Arkansas Nuclear One	1	100	%	1974	841	Nuclear PWR(b)	Base	15,232,577		15.73		239,606
	2	100	%	1980	998	Nuclear PWR(b)	Base
Total					4,497			22,586,955		18.50		417,765

^(a) Ownedand Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

^(b) PWR= Pressurized Water Reactor.

38

UTILITY STATISTICAL INFORMATION

ENTERGY GULF STATES, INC.

	2006		2005		2004	2003	2002
ELECTRIC OPERATING REVENUES ($ thousands)
Louisiana
Residential	522,227		457,498		412,135	394,512	339,325
Commercial	476,537		406,921		369,044	345,579	286,408
Industrial	686,295		625,709		570,130	510,501	424,026
Governmental	22,520		19,562		17,468	18,253	17,433
Total Retail	1,707,579		1,509,690		1,368,777	1,268,845	1,067,192
Texas
Residential	599,494		502,135		468,704	434,979	360,575
Commercial	406,198		327,287		302,699	268,110	215,707
Industrial	463,640		388,285		405,650	342,693	270,722
Governmental	26,609		21,693		20,535	20,658	16,525
Total Retail	1,495,941		1,239,400		1,197,588	1,066,440	863,529
FUEL REVENUES (included in above revenues)
Louisiana
Residential	284,937		266,854		203,436	196,097	125,962
Commercial	280,628		252,200		198,629	186,700	117,513
Industrial	508,048		477,232		401,413	354,504	248,165
Governmental	11,459		10,645		7,903	8,398	5,976
Total Retail Fuel Revenues	1,085,072		1,006,931		811,381	745,699	497,616
Texas
Residential	351,457		268,957		240,147	207,358	139,764
Commercial	266,062		199,093		177,984	146,502	98,312
Industrial	350,788		284,032		293,254	236,123	163,419
Governmental	16,802		12,465		11,330	10,612	6,981
Total Retail Fuel Revenues	985,109		764,547		722,715	600,595	408,476
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	7,036		9,320		8,496	9,432	14,645
Coal	4,460		4,077		4,609	3,959	4,168
Nuclear	7,461		7,808		7,413	7,641	8,467
Hydro	—		—		—	—	—
Total Net Generation	18,957		21,205		20,518	21,032	27,280
Purchased Power:
Affiliated Companies	4,664		3,521		5,478	3,989	2,703
Non-affiliated Companies	18,690		17,500		16,072	15,160	10,376
Total Purchased Power	23,354		21,021		21,550	19,149	13,079
Total Sources of Energy	42,311		42,226		42,068	40,181	40,359
USES OF ENERGY (GWh)
Electric Energy Sales:
Louisiana
Residential	4,899		4,817		4,677	4,619	4,520
Commercial	4,836		4,608		4,628	4,471	4,316
Industrial	9,150		9,317		9,757	9,145	9,714
Governmental	199		197		187	205	222
Texas
Residential	5,211		5,207		5,126	5,120	4,982
Commercial	4,002		3,878		3,816	3,703	3,578
Industrial	5,915		5,650		6,839	6,272	6,173
Governmental	255		244		245	270	255
Total Retail	34,467		33,918		35,275	33,805	33,760
Sales for Resale	6,155		6,017		4,700	4,543	5,099
Unbilled Energy	(148	)	(286	)	420	197	(18	)
Total Electric Energy Sales	40,474		39,649		40,395	38,545	38,841
Line Losses and Company Usage	1,837		2,577		1,673	1,636	1,518
Total Uses of Energy	42,311		42,226		42,068	40,181	40,359

39

UTILITY STATISTICAL INFORMATION

ENTERGY GULF STATES, INC. (CONTINUED)

	2006	2005	2004	2003	2002
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Louisiana
Residential	311,739	305,714	301,014	295,084	292,018
Commercial	46,351	45,421	45,004	42,490	42,423
Industrial	4,558	4,268	3,957	3,625	3,687
Governmental	1,528	1,457	1,431	1,251	1,519
Total Retail Customers	364,176	356,860	351,406	342,450	339,647
Texas
Residential	336,652	335,089	326,556	321,681	316,942
Commercial	40,806	40,887	39,680	38,445	37,742
Industrial	5,013	4,911	4,732	4,722	4,403
Governmental	2,052	2,017	1,923	2,100	2,176
Total Retail Customers	384,523	382,904	372,891	366,948	361,263
AVERAGE ELECTRIC REVENUE (cents/KWh)
Louisiana
Residential	10.66	9.50	8.81	8.54	7.51
Commercial	9.85	8.83	7.97	7.73	6.64
Industrial	7.50	6.72	5.84	5.58	4.37
Governmental	11.34	9.94	9.35	8.93	7.85
Texas
Residential	11.50	9.64	9.14	8.49	7.24
Commercial	10.15	8.44	7.93	7.24	6.03
Industrial	7.84	6.87	5.93	5.46	4.39
Governmental	10.41	8.88	8.37	7.65	6.48

Totals may not foot due to rounding.

ENTERGY GULF STATES, INC.

GENERATION PORTFOLIO

								Total Plant - 2006
Plant	Unit	Ownership		Commercial Operation	Owned & Leased Capability (MW)(a)	Fuel Type	Purpose	Net Generation (MWH)	Expenses Per Net MWH	Total Production Expense ($000)
LA Station 2	7	100	%	1950	40	Gas/Oil	Reserve	—	—	578
	8	100	%	1950	40	Gas/Oil	Reserve
	9	100	%	1953	58	Gas/Oil	Reserve
Willow Glen	1	100	%	1960	152	Gas/Oil	Peaking	58,129	416.09	24,187
	2	100	%	1964	205	Gas/Oil	Peaking
	3	100	%	1968	450	Gas/Oil	Reserve
	4	100	%	1973	540	Gas/Oil	Peaking
	5	100	%	1976	485	Gas/Oil	Peaking
Lewis Creek	1	100	%	1970	229	Gas/Oil	Intermediate	1,725,076	81.10	139,909
	2	100	%	1971	230	Gas/Oil	Intermediate
Roy S. Nelson	3	100	%	1960	153	Gas/Oil	Intermediate	799,739	103.97	83,148
	4	100	%	1970	500	Gas/Oil	Intermediate
Sabine	1	100	%	1962	212	Gas/Oil	Intermediate	4,452,822	79.40	353,546
	2	100	%	1962	212	Gas/Oil	Intermediate
	3	100	%	1966	390	Gas/Oil	Intermediate
	4	100	%	1974	530	Gas/Oil	Intermediate
	5	100	%	1979	470	Gas/Oil	Intermediate
Roy S. Nelson	6	70	%	1982	385	Coal	Base	2,610,446	23.15	60,421
Big Cajun 2	3	42	%	1983	242	Coal	Base	1,849,507	22.31	41,266
River Bend	1	100	%(c)	1986	978	Nuclear BWR(b)	Base	7,461,540	20.01	149,331
Total					6,501			18,957,259	44.96	852,386

(a) Ownedand Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

(b) BWR= Boiling Water Reactor.

(c) 30%of River Bend is not subject to rate regulation by the Public Utility Commission of Texas, the Louisiana Public Service Commission, nor various municipal authorities.

40

UTILITY STATISTICAL INFORMATION

ENTERGY LOUISIANA, LLC

	2006		2005		2004	2003	2002
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	797,197		827,926		769,770	739,389	637,901
Commercial	532,999		538,683		501,536	473,351	403,051
Industrial	809,237		834,320		779,103	723,102	636,410
Governmental	40,454		40,813		37,894	40,664	35,914
Total Retail	2,179,887		2,241,742		2,088,303	1,976,506	1,713,276
Sales for Resale	227,391		352,544		109,085	114,311	19,641
Other	43,980		55,895		29,598	74,753	82,435
Total Electric Operating Revenues	2,451,258		2,650,181		2,226,986	2,165,570	1,815,352
FUEL REVENUES (included in above revenues)
Residential	374,595		430,830		355,871	327,475	226,887
Commercial	249,803		277,180		230,357	209,032	142,141
Industrial	545,040		588,943		512,924	464,015	359,607
Governmental	19,313		21,022		17,523	18,195	12,878
Total Retail Fuel Revenues	1,188,751		1,317,975		1,116,675	1,018,717	741,513
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	7,486		8,968		8,486	7,882	11,039
Coal	—		—		—	—	—
Nuclear	9,270		7,885		9,654	8,485	8,838
Hydro	—		—		—	—	—
Total Net Generation	16,756		16,853		18,140	16,367	19,877
Purchased Power:
Affiliated Companies	6,612		6,027		4,505	4,484	5,080
Non-affiliated Companies	7,945		8,212		8,416	9,718	6,496
Total Purchased Power	14,557		14,239		12,921	14,202	11,576
Total Sources of Energy	31,313		31,092		31,061	30,569	31,453
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	8,513		8,559		8,842	8,795	8,780
Commercial	5,680		5,554		5,762	5,622	5,538
Industrial	12,759		12,348		13,140	12,870	14,738
Governmental	435		428		439	491	510
Total Retail	27,387		26,889		28,183	27,778	29,566
Sales for Resale	2,470		2,560		1,251	1,476	285
Unbilled Energy	(25	)	(379	)	415	42	237
Total Electric Energy Sales	29,832		29,070		29,849	29,296	30,088
Line Losses and Company Usage	1,481		2,022		1,212	1,273	1,365
Total Uses of Energy	31,313		31,092		31,061	30,569	31,453
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	9.32		9.67		8.71	8.41	7.27
Commercial	9.33		9.70		8.70	8.42	7.28
Industrial	6.34		6.76		5.93	5.62	4.32
Governmental	9.18		9.53		8.63	8.28	7.04
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	560,462		539,912		575,701	571,767	565,824
Commercial	71,029		66,897		73,622	72,901	70,418
Industrial	8,563		7,005		7,858	7,686	7,136
Governmental	4,858		4,494		5,274	4,859	5,532
Total Retail Customers	644,912		618,308		662,455	657,213	648,910

41

UTILITY STATISTICAL INFORMATION

ENTERGY LOUISIANA, LLC

GENERATION PORTFOLIO

								Total Plant - 2006
Plant	Unit	Ownership		Commercial Operation	Owned & Leased Capability (MW)(a)	Fuel Type	Purpose	Net Generation (MWH)		Expenses Per Net MWH		Total Production Expense ($000)
Buras	8	100	%	1971	12	Gas/Oil	Peaking	635		1,012.60		643
Little Gypsy	1	100	%	1961	238	Gas/Oil	Intermediate	976,165		114.49		111,766
	2	100	%	1966	415	Gas/Oil	Intermediate
	3	100	%	1969	545	Gas/Oil	Intermediate
Monroe	10	100	%	1961	—	Gas/Oil	Reserve	(415	)	(809.64	)	336
	11	100	%	1965	—	Gas/Oil	Reserve
	12	100	%	1968	—	Gas/Oil	Reserve
Ninemile Point	1	100	%	1951	50	Gas/Oil	Peaking	4,018,426		96.73		388,685
	2	100	%	1953	60	Gas/Oil	Peaking
	3	100	%	1955	125	Gas/Oil	Intermediate
	4	100	%	1971	730	Gas/Oil	Intermediate
	5	100	%	1973	740	Gas/Oil	Intermediate
Perryville	1	100	%	2002	535	Gas	Intermediate	2,082,457		58.66		122,167
	2	100	%	2002	156	Gas	Peaking
Sterlington	6	100	%	1958	212	Gas/Oil	Peaking	38,012		200.99		7,640
	7	100	%	1974	180	Gas/Oil	Intermediate
Waterford	1	100	%	1975	400	Gas/Oil	Intermediate	371,210		154.52		57,359
	2	100	%	1975	405	Gas/Oil	Intermediate
Waterford	3	100	%	1985	1,158	Nuclear PWR(b)	Base	9,269,914		16.13		149,517
Total					5,961			16,756,404		50.02		838,113

^(a) Owned and Leased Capability is the dependable load carrying capability as demonstrated underactual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

^(b) PWR = PressurizedWater Reactor.

42

UTILITY STATISTICAL INFORMATION

ENTERGY MISSISSIPPI , INC.

	2006		2005		2004	2003	2002
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	568,435		503,232		467,459	410,231	374,958
Commercial	484,297		420,507		396,482	341,862	309,525
Industrial	235,281		209,270		203,603	173,736	164,815
Governmental	45,433		40,605		38,258	32,393	28,532
Total Retail	1,333,446		1,173,614		1,105,802	958,222	877,830
Sales for Resale	80,445		98,885		68,417	42,143	78,004
Other	36,117		34,041		39,410	34,995	35,261
Total Electric Operating Revenues	1,450,008		1,306,540		1,213,629	1,035,360	991,095
FUEL REVENUES (included in above revenues)
Residential	316,861		251,338		229,326	157,624	146,191
Commercial	280,819		220,024		203,634	139,087	127,484
Industrial	157,157		128,483		119,811	88,063	82,778
Governmental	24,908		19,440		17,885	11,885	10,918
Total Retail Fuel Revenues	779,745		619,285		570,656	396,659	367,371
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	4,127		2,834		3,333	2,891	5,391
Coal	2,697		2,526		2,679	2,579	2,577
Nuclear	—		—		—	—	—
Hydro	—		—		—	—	—
Total Net Generation	6,824		5,360		6,012	5,470	7,968
Purchased Power:
Affiliated Companies	5,327		4,924		5,337	5,984	4,069
Non-affiliated Companies	3,232		5,119		3,390	2,868	2,476
Total Purchased Power	8,559		10,043		8,727	8,852	6,545
Total Sources of Energy	15,383		15,403		14,739	14,322	14,513
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	5,387		5,333		5,085	5,092	5,092
Commercial	4,746		4,630		4,518	4,476	4,445
Industrial	2,927		2,967		2,977	2,939	2,910
Governmental	417		411		398	384	382
Total Retail	13,477		13,341		12,978	12,891	12,829
Sales for Resale	900		936		698	443	1,320
Unbilled Energy	(15	)	(75	)	142	45	(48	)
Total Electric Energy Sales	14,362		14,202		13,818	13,379	14,101
Line Losses and Company Usage	1,021		1,201		921	943	412
Total Uses of Energy	15,383		15,403		14,739	14,322	14,513
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	10.55		9.44		9.19	8.06	7.36
Commercial	10.21		9.08		8.78	7.64	6.96
Industrial	8.04		7.05		6.84	5.91	5.66
Governmental	10.90		9.88		9.61	8.44	7.47
NUMBER OF RETAIL ELECTRIC CUSTOMERS
(as of December 31)
Residential	357,564		359,538		351,274	348,019	344,637
Commercial	62,594		60,826		60,338	59,347	57,146
Industrial	3,014		2,739		3,915	4,767	3,036
Governmental	4,066		3,856		4,036	3,884	3,842
Total Retail Customers	427,238		426,959		419,563	416,017	408,661

43

UTILITY STATISTICAL INFORMATION

ENTERGY MISSISSIPPI, INC.

GENERATION PORTFOLIO

								Total Plant - 2006
Plant	Unit	Ownership		Commercial Operation	Owned & Leased Capability (MW)(a)	Fuel Type	Purpose	Net Generation (MWH)		Expenses Per Net MWH		Total Production Expense ($000)
Attala	1	100	%	2001	463	Gas	Intermediate	2,015,345		58.08		117,057
Baxter Wilson	1	100	%	1966	510	Gas/Oil	Peaking	828,014		106.33		88,046
	2	100	%	1971	595	Gas/Oil	Peaking
Delta	1	100	%	1953	97	Gas/Oil	Peaking	(415	)	(5,130.12	)	2,129
	2	100	%	1953	95	Gas/Oil	Peaking
Gerald Andrus	1	100	%	1975	741	Gas/Oil	Intermediate	1,127,814		88.03		99,285
Natchez	1	100	%	1951	—	Gas/Oil	Reserve	(56	)	(3,303.57	)	185
Rex Brown	1	100	%	1948	15	Gas	Reserve	156,316		139.12		21,746
	3	100	%	1951	74	Gas/Oil	Peaking
	4	100	%	1959	210	Gas/Oil	Intermediate
	5	100	%	1968	9	Oil	Peaking
Independence	1	25	%	1983	209	Coal	Base	28,443,527		2.07		58,833
Independence	2	25	%	1984	211	Coal	Base
Total					3,229			32,570,545		11.89		387,281

^(a) Owned and LeasedCapability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

44

UTILITY STATISTICAL INFORMATION

ENTERGY NEW ORLEANS, INC.

	2006		2005	2004	2003	2002
ELECTRIC OPERATING REVENUES ($ thousands)
Residential	105,924		150,409	184,155	178,133	170,517
Commercial	165,066		145,321	170,812	161,716	153,776
Industrial	44,582		31,597	34,261	26,416	24,657
Governmental	59,399		59,450	69,680	68,238	65,746
Total Retail	374,971		386,777	458,908	434,503	414,696
Sales for Resale	91,283		138,528	119,407	87,174	8,773
Other	4,812		10,711	10,142	5,983	1,058
Total Electric Operating Revenues	471,066		536,016	588,457	527,660	424,527
FUEL REVENUES (included in above revenues)
Residential	51,865		59,361	67,891	65,057	62,192
Commercial	92,894		64,164	71,413	67,552	63,447
Industrial	28,952		17,044	17,706	12,276	11,419
Governmental	34,839		28,496	30,994	30,534	29,324
Total Retail Fuel Revenues	208,550		169,065	188,004	175,419	166,382
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	773		1,661	2,146	2,099	2,580
Coal	—		—	—	—	—
Nuclear	—		—	—	—	—
Hydro	—		—	—	—	—
Total Net Generation	773		1,661	2,146	2,099	2,580
Purchased Power:
Affiliated Companies	4,445		4,024	3,880	3,742	2,706
Non-affiliated Companies	41		1,232	1,982	1,621	1,041
Total Purchased Power	4,486		5,256	5,862	5,363	3,747
Total Sources of Energy	5,259		6,917	8,008	7,462	6,327
USES OF ENERGY (GWh)
Electric Energy Sales:
Residential	914		1,616	2,139	2,133	2,158
Commercial	1,666		1,798	2,316	2,262	2,255
Industrial	547		498	575	413	409
Governmental	632		800	1,025	1,036	1,053
Total Retail	3,759		4,712	6,055	5,844	5,875
Sales for Resale	1,298		2,041	1,539	1,340	176
Unbilled Energy	(1	)	135	41	22	(49	)
Total Electric Energy Sales	5,056		6,888	7,635	7,206	6,002
Line Losses and Company Usage	203		29	373	256	325
Total Uses of Energy	5,259		6,917	8,008	7,462	6,327
AVERAGE ELECTRIC REVENUE (cents/KWh)
Residential	11.59		9.31	8.61	8.35	7.90
Commercial	9.91		8.08	7.37	7.15	6.82
Industrial	8.15		6.34	5.96	6.42	6.03
Governmental	9.40		7.43	6.80	6.59	6.24
NUMBER OF RETAIL ELECTRIC CUSTOMERS(a)
(as of December 31)
Residential	83,300		152,429	169,498	169,878	170,771
Commercial	10,000		14,220	16,376	16,336	16,576
Industrial	1,000		1,161	1,309	1,148	1,141
Governmental	700		858	1,798	1,755	1,632
Total Retail Customers	95,000		168,668	188,981	189,117	190,120

^(a) Customer count data reflects estimates of customers in the hardest hit areas affected by Hurricane Katrina. Issues associated withtemporary housing and resumption of service at permanent dwellings render precise counts difficult at this time.

45

UTILITY STATISTICAL INFORMATION

ENTERGY NEW ORLEANS, INC.

GENERATION PORTFOLIO

								Total Plant - 2006
Plant(b)	Unit	Ownership		Commercial Operation	Owned & Leased Capability (MW)(a)	Fuel Type	Purpose	Net Generation (MWH)	Expenses Per Net MWH	Total Production Expense ($000)
A. B. Paterson	3	100	%	1950	—	Gas/Oil	Reserve	—	—	205
	4	100	%	1954	—	Gas/Oil	Reserve
Michoud	1	100	%	1957	—	Gas/Oil	Reserve	773,039	98.64	76,251
	2	100	%	1963	230	Gas/Oil	Intermediate
	3	100	%	1967	530	Gas/Oil	Intermediate
A. B. Paterson	5	100	%	1967	—	Oil	Reserve	—	—	100
Total					760			773,039	98.77	76,351

^(a) Ownedand Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

^(b) ENOI’splants were severely damaged by Hurricane Katrina in 2005. Michoud Unit 2 returned to service April 2006 and Unit 3 returned to

SYSTEM ENERGY RESOURCES, INC.

	2006		2005		2004		2003	2002
ELECTRIC OPERATING REVENUES ( $ thousands)	555,459		533,929		545,381		583,820	602,486
SOURCES OF ENERGY (GWh)
Net Generation:
Gas & Oil	—		—		—		—	—
Coal	—		—		—		—	—
Nuclear	9,723		9,058		9,202		9,812	9,053
Hydro	—		—		—		—	—
Total Net Generation	9,723		9,058		9,202		9,812	9,053
Purchased Power	—		—		—		—	—
Total Sources of Energy	9,723		9,058		9,202		9,812	9,053
USES OF ENERGY (GWh)
Electric Energy Sales	9,727		9,070		9,212		9,812	9,053
Unbilled Energy	—		—		—		—	—
Line Losses and Company Usage	(4	)	(12	)	(10	)	—	—
Total Uses of Energy	9,723		9,058		9,202		9,812	9,053

SYSTEM ENERGY RESOURCES, INC.

GENERATION PORTFOLIO

								Total Plant - 2006
Production Plant	Unit	Ownership		Commercial Operation	Owned & Leased Capability (MW)(a)	Fuel Type	Purpose	Net Generation (MWH)	Expenses Per Net MWH	Total Production Expense ($000)
Grand Gulf	1	90	%	1985	1,139	Nuclear BWR(b)	Base	9,723,305	14.72	143,148
Total					1,139			9,723,305	14.72	143,148

^(a) Ownedand Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize.

^(b) BWR= Boiling Water Reactor.

46

UTILITY STATISTICAL INFORMATION

UTILITY NUCLEAR PLANT STATISTICS

The following table shows plant performance for 2002 – 2006 based on 18/24 month operating cycle.

CAPABILITY FACTOR (%)

	2006	2005	2004	2003	2002
ANO	88.3	88.5	93.3	93.3	93.5
Grand Gulf	91.9	93.3	93.7	94.5	93.7
River Bend	90.9	85.8	90.9	92.4	93.4
Waterford 3	93.5	89.0	93.6	92.8	94.9
Entergy Southeast Average	90.6	89.2	92.9	93.3	93.9
Industry Average	90.5	90.1	89.7	90.0	90.2

The following table shows plant performance for 2006 and averages for four three-year periods.

PRODUCTION COST ($/MWh)

	2006	2003– 2005	2002– 2004	2001– 2003	2000- 2002
ANO	15.7	15.1	14.8	14.8	16.1
Grand Gulf	14.7	13.7	13.6	13.6	13.7
River Bend	20.0	17.9	17.0	16.4	17.1
Waterford 3	16.1	16.0	15.5	15.4	15.3
Entergy Southeast Average	16.3	15.5	15.1	15.0	15.5
Industry Average	17.6	17.0	16.1	16.1	16.2

INDIVIDUAL PLANT INFORMATION

	ANO					Grand Gulf	River Bend		Waterford 3
	Unit 1				Unit 2
Owner	Entergy Arkansas				Entergy Arkansas	System Energy-90% South Mississippi Electric Power Association- 10%	Entergy Gulf States		Entergy Louisiana
Commercial Operation Date	December 74				March 80	July 85	June 86		September 85
License Expiration Date	5/20/34				7/17/38	11/1/24	8/29/25		12/18/24
Architect/Engineer	Bechtel Power				Bechtel Power	Bechtel Power	Stone & Webster		Ebasco
Reactor Manufacturer	Babcox &				Combustion	General	General		Combustion
	Wilcox				Engineering	Electric	Electric		Engineering
Reactor Type	PWR				PWR	BWR	BWR		PWR
Turbine Generator Manufacturer	Westinghouse				General Electric	Kraftwerk Union	General Electric		Westinghouse
Owned and Leased Capability (MW)(a)	841				998	1,139	978	(c)	1,158
Refueling Data:
Last Date	10/4/05-				9/19/06-	3/18/07-	4/23/06-		11/25/06-
	12/22/05				10/28/06	4/12/07	5/13/06		12/27/06
Number of Days	79	(d)			39	24	20		32
Next Scheduled Refueling	Spring 07				Spring 08	Fall 08	Fall 07		Spring 08
2006 Capability Factor (%)	84.5				92.2	91.9	90.9		93.5
($ millions as of December 31, 2006)
Net Book Value			1,170	(b)		1,564	1,544	(c)	1,369
Decommissioning Trust Fund Balance			439	(b)		281	345	(c)	209
Decommissioning Liability			473	(b)		343	191	(c)	238

^(a) Ownedand Leased Capability is the dependable load carrying capability as demonstrated under actual operating conditions based on the primary fuel (assuming no curtailments) that each station was designed to utilize. Based on the 2006 summer ratings.

^(b) ANOUnits 1 and 2 are reported together.

^(c) 30%of River Bend is not subject to rate regulation by the Public Utility Commission of Texas, the Louisiana Public Service Commission, nor various municipal authorities, and is included in non-utility property on the balance sheet. The decommissioning trust fund balance and decommissioning liability include amounts for the 30% not subject to rate regulation.

^(d) Included steam generator replacement.

47

UTILITY REGULATORY INFORMATION

STATE REGULATORY COMMISSIONS

	Arkansas	Louisiana	Mississippi	New Orleans	Texas
Commission	Arkansas Public Service Commission	Louisiana Public Service Commission	Mississippi Public Service Commission	New Orleans City Council	Public Utility Commission of Texas
Number of Commissioners	3	5	3	7	3
Method of Selection	Appointed by Governor	Elected	Elected	Elected	Appointed by Governor
Term of Office	6 years – staggered	6 years – staggered	4 years – concurrent	4 years – concurrent (2 term limit)	6 years – staggered
Chair/President	Appointed by Governor	Selected by peers – 1 year term	Rotates every 2 years	Selected by peers from two at-large seats	Appointed by Governor

COMMISSION/COUNCIL MEMBERS

	Party	Service Began	Current Term Ends
ARKANSAS
Paul Suskie – Chair	Democrat	1/07	1/13
Sandra L. Hochstetter	Republican	7/00	1/11
Daryl Bassett	Republican	9/02	1/09
LOUISIANA
Jack A. “Jay” Blossman, Jr. – Chair	Republican	1/97	12/08
Lambert Boissiere III	Democrat	1/05	12/10
C. Dale Sittig	Democrat	11/95	12/10
James M. Field	Republican	12/96	12/12
Foster L. Campbell, Jr.	Democrat	1/03	12/08
MISSISSIPPI
Nielsen Cochran – Chair	Republican	12/83	12/07
Dorlos “Bo” Robinson	Democrat	12/89	12/07
Leonard Bentz	Republican	4/06	12/07
NEW ORLEANS
Oliver M. Thomas, Jr. – President(a)	Democrat	5/94	5/10
Arnie Fielkow	Democrat	5/06	5/10
Shelley Midura	Democrat	5/06	5/10
Stacy S. Head	Democrat	5/06	5/10
James Carter	Democrat	5/06	5/10
Cynthia Hedge-Morrell	Democrat	4/05	5/10
Cynthia Willard-Lewis	Democrat	5/02	5/10
TEXAS
Paul Hudson – Chair	Republican	8/03	8/09
Julie Caruthers Parsley	Republican	11/02	8/11
Barry Smitherman	Republican	4/04	8/07

^(a) Oliver Thomas served two terms as Council member representing District B from 1994–2002. In 2002, Councilmember Thomas was elected to his first term of CouncilmemberAt-Large Seat and is now serving his second term as Councilmember At-Large.

48

UTILITY REGULATORY INFORMATION

SELECT UTILITY REGULATORY MECHANISMS

Company	Last Filed Rate Base ($ billions)	Allowed Roe (%)	Jurisdictional Regulatory Mechanisms
EAI	3.6(a)(2006 test year)	11	Rate Case	•      No fixed schedule for rate filings. EAI filed a rate case on August 15, 2006.
EGSI-LA	1.6 (2005 test year)	9.9 – 11.4 10.65 midpoint 60/40 customer/ company sharing	FRP	•      Annual filing in May; any change in rates typically effective in September. •      $17M annual FRP increase implemented August 2006 consisting of $7M in deferred and ongoing capacity costs and $ 10M for interim storm cost recovery.
EGSI-TX	1.5(b) (2005 test year)	10.95	Riders	•      2005 legislation authorized two riders – incremental purchased Power capacity costs up to five percent of annual base rate revenues and transition to competition costs.
				•      $18M annual purchased power rider implemented December 2005 with first reconciliation filing in May 2006 reconciling capacity from previous September forward.
				•      $14.5M annual TTC rider implemented March 2006. Black box settlement designed to provide a fair return and recovery of costs on the balance sheet.
			Rate Case	•      Pursuant to the 2005 legislation, EGSI-TX may not file a general rate case before June 30, 2007, with rates effective no earlier than June 30, 2008.
ELL	2.9 (2005 test year)	9.45 – 11.05 10.25 midpoint 60/40 customer/ company sharing	FRP	•      Annual filing in May; any change in rates typically effective in September. •      $143M annual FRP increase implemented September 2006 consisting of $119M in deferred and ongoing capacity costs and $24M for interim storm cost recovery.
EMI	1.4(c) (2006 test year)	9.46 – 12.24(c) 10.85 midpoint	FRP	•      Annual filing in March; any change in rates typically effective in April.
		50/50 customer/ company sharing
		100bps for price, reliability, satisfaction
ENOI	0.4 (2005 test year)	10.75	FRP	•      In October 2006, the City Council of New Orleans unanimously approved a settlement agreement with ENOI that calls for a phased-in rate increase to ensure the company’s ability to focus on restoration of the gas and electric systems. Rate settlement in place until next base rate case to be filed by July 31, 2008. The agreement discontinued FRP, but allows ENOI to seek reinstatement of an appropriate FRP following resetting of rates in 2009.
SERI	1.5 (2005 test year)	10.94		•      Real-time recovery mechanism.
Total	12.9

^(a) Reflects rate base in EAI’s filed case for June 30, 2006 test year.

^(b) Reflects rate base in EGSI-TX’s annual earnings filing for 2005 test year.

^(c) Rate base and allowed ROE reflects the 2006 FRP evaluation report. EMI’s 2006 FRP Evaluation Report is pending approval from the MPSC. Allowed ROE ranges for the 2005 test year was 9.74% – 12.44%.

49

UTILITY REGULATORY INFORMATION

UTILITY ELECTRIC AND GAS FUEL RECOVERY MECHANISMS

	Deferred Fuel Balance as of December 31,
COMPANY	2006		2005	2004	2003	2002		Fuel Recovery Mechanism
	($ millions)
EAI	2.2		204.2	7.4	10.6	(42.6	)	Annual reset in April based on prior calendar year fuel and purchased power costs adjusted for nuclear refueling outages and projected sales plus any under- or over-recovered fuel balance for the prior calendar year. On June 7, 2006, Entergy Arkansas filed a cost of service study and testimony supporting the redetermined energy cost rate and testimony addressing the prospective elimination of the energy cost recovery rider as ordered by the APSC. A hearing was held in the APSC energy cost recovery investigation on October 12, 2006 and posthearing briefs were filed. No party recommended termination of the energy cost recovery rider. On January 16, 2007, the APSC issued an order stating the issue of whether Entergy Arkansas’ energy cost recovery rider should be terminated, modified, or continued will be deferred and addressed in Entergy Arkansas’ pending rate case. Additionally, in its review of Entergy Arkansas’ interim rate, the APSC found that Entergy Arkansas failed to maintain an adequate coal inventory level going into the summer of 2005 and that Entergy Arkansas should be responsible for any incremental energy costs resulting from two outages caused by employee and contractor error. The coal plant generation curtailments were caused by railroad delivery problems. The APSC staff was directed to perform an analysis with Entergy Arkansas’ assistance to determine the additional fuel and purchased energy costs associated with these findings and file the analysis within 60 days of the order. After a final determination of the costs is made by the APSC, Entergy Arkansas would be directed to refund that amount with interest to its customers as a credit on the energy cost recovery rider that collects fuel and purchased energy costs. Entergy Arkansas has requested rehearing of the order. In March 2007, in order to allow further consideration by the APSC, the APSC granted Entergy Arkansas’ petition for rehearing and for stay of the APSC’s January 2007 order in the proceeding investigating Entergy Arkansas’ interim energy cost rate.
EGSI – TX	(45.6	)	203.2	78.5	116.6	91.8		Semi-annual reset of fuel factor in March and September based on the market price of natural gas plus surcharge or refund for material under- or over-recoveries based on actual costs.
EGSI – LA	119.5		121.2	11.6	1.9	8.8		Electric: Monthly reset based on fuel and purchased power costs from two months prior plus surcharge or credit for 1/12 of under- or over-recovered fuel balance.
								Gas: Monthly reset based on estimated gas costs plus surcharge or credit for 1/12 of under- or over-recovered fuel balance.
ELL	114.3		21.9	8.7	30.6	(25.6)		Monthly reset based on fuel and purchased power costs from two months prior plus surcharge or credit for 1/12 of under- or over-recovered fuel balance.
EMI	(95.2)		114.0	(22.8)	89.1	38.2		Quarterly reset based on projected fuel and purchased power costs and projected sales plus any under- or over-recovered fuel balance from the second prior quarter.
Total excluding ENOI	95.2		664.4	83.4	248.7	70.6
ENOI	19.0		30.6	2.6	(2.7)	(14.9)		Electric: Monthly reset based on no more than targeted fuel and purchased power costs and any difference between actual and base rate non-fuel items including Grand Gulf non-fuel costs and Resource Plan non-fuel costs paid by ENOI. A surcharge or credit is calculated on the under- or over- recovered fuel balance based on the most recent 12 months actual kWh sales.
								Gas: Monthly reset based on estimated gas costs plus a surcharge or credit for the under- or over-recovered fuel balance based on the most recent 12 months Mcf sales.
Total including ENOI	114.2		695.1	85.9	246.0	55.7

Totals may not foot due to rounding.

50

COMPETITIVE BUSINESSES

TOTAL CAPACITY

	Operated				Owned Capacity(c)
As of December 31, 2006.	Plants	Units	MW		MW	%
Gas/Oil	1	1	550	(b)	1,317	23
Coal	—	—	—	(b)	181	3
Total Fossil	1	1	550		1,498	26
Wind	—	—	—		80	1
Nuclear	5	6	5,000	(a)	4,200	73
Total Capacity	6	7	5,550		5,778	100

^(a) Operatedcapacity includes management services contracts.

^(b) Excludesunits operated by Entergy’s utility companies.

^(c) Includescapacity under power purchase agreements.

ENTERGY NUCLEAR (NON-UTILITY)

ENTERGY NUCLEAR QUARTERLY FINANCIAL METRICS

	2006					2005					YTD % Change
	1Q	2Q	3Q	4Q	YTD	1Q	2Q	3Q	4Q	YTD
GAAP MEASURES
As-Reported Earnings ($ millions)	81.5	63.4	106.9	57.7	309.5	78.0	58.3	69.3	77.1	282.6	10
Return on Average Invested Capital – As-Reported (%)*	10.8	10.7	12.1	11.7	11.7	10.2	10.1	10.3	11.6	11.6	1
Return on Average Common Equity – As-Reported (%)*		14.0	13.9	15.2	14.0	14.0	12.2	12.0	12.1	13.6	13.63
Debt to Capital Ratio (%)	19.3	19.1	16.7	14.2	14.2	26.4	26.2	24.8	19.5	19.5	(27	)
NON-GAAP MEASURES
Operational Earnings ($ millions)	81.5	63.4	106.9	57.7	309.5	78.0	58.3	69.3	77.1	282.6	10
Return on Average Invested Capital – Operational (%)*	10.8	10.7	12.1	11.7	11.7	10.2	10.1	10.3	11.6	11.6	1
Return on Average Common Equity – Operational (%)*	14.0	13.9	15.2	14.0	14.0	12.2	12.0	12.1	13.6	13.6	3
Net Debt to Net Capital Ratio (%)	9.9	7.5	3.9	2.3	2.3	21.9	21.7	15.0	12.4	12.4	(81	)

* Trailing twelve months.

Totals may not foot due to rounding.

ENTERGY NUCLEAR ANNUAL FINANCIAL METRICS

	2006	2005	2004	2003	2002
GAAP MEASURES
As-Reported Earnings ( $ millions)	309.5	282.6	245.0	300.8	200.5
Return on Average Invested Capital – As-Reported (%)	11.7	11.6	10.1	12.8	10.6
Return on Average Common Equity – As-Reported (%)	14.0	13.6	12.3	18.2	17.2
Debt to Capital Ratio (%)	14.2	19.5	27.0	27.7	42.3
NON-GAAP MEASURES
Operational Earnings ($ millions)	309.5	282.6	245.0	198.2	200.5
Return on Average Invested Capital – Operational (%)	11.7	11.6	10.1	8.6	10.6
Return on Average Common Equity – Operational (%)	14.0	13.6	12.3	11.9	17.2
Net Debt to Net Capital Ratio (%)	2.3	12.4	23.1	23.5	38.2

ENTERGY NUCLEAR QUARTERLY OPERATIONAL METRICS

	2006															2005															YTD % Change
	1Q			2Q			3Q			4Q			YTD			1Q			2Q			3Q			4Q			YTD
Net MW in Operation		4,135			4,200			4,200			4,200			4,200			4,058			4,105			4,105			4,105			4,105		2
Average Realized Price/MWh(a)	$	44.28		$	43.76		$	44.90		$	44.34		$	44.33		$	41.53		$	42.31		$	42.42		$	42.74		$	42.26		5
Production Cost/MWh(a)	$	18.68		$	19.61		$	18.75		$	21.00		$	19.50		$	18.65		$	18.55		$	19.55		$	19.00		$	18.94		3
Billed GWh		8,763			8,281			9,119			8,684			34,847			8,273			8,218			8,504			8,645			33,641		4
Capacity Factor		97	%		90	%		99	%		93	%		95	%		93	%		91	%		95	%		95	%		93	%	2

Totals may not foot due to rounding.

(a) Average Realized Price/MWh has been restated to reflect Billed GWh. Production Cost/MWh has been restated to exclude purchased power cost.

ENTERGY NUCLEAR ANNUAL OPERATIONAL METRICS

	2006			2005			2004			2003			2002
Net MW in Operation		4,200			4,105			4,058			4,001			3,955
Average Realized Price/MWh(a)	$	44.33		$	42.26		$	41.16		$	39.40		$	40.10
Production Cost/MWh(a)	$	19.50		$	18.93		$	19.99		$	20.29		$	20.12
Billed GWh		34,847			33,539			32,524			32,379			29,953
Capacity Factor		95	%		93	%		92	%		92	%		93	%

(a) Average Realized Price/MWh has been restated to reflect Billed GWh. Production Cost/MWh has been restated to exclude purchased power cost.

51

ENTERGY NUCLEAR (NON-UTILITY)

ENTERGY NUCLEAR PLANT STATISTICS

James A. Fitzpatrick

Indian Point

Palisades Nuclear Plant

Pilgrim Nuclear station

Vermont Yankee

Unit 2

Unit 3

Entergy Purchase Date

11/21/00

9/6/01

11/21/00

4/11/07

7/13/99

7/31/02

Commercial Operation Date

July 75

August 74

August 76

December 72

December 72

November 72

License Expiration Date

10/17/14

9/28/13

12/15/15

3/24/31

6/8/12

3/21/12

Architect/Engineer

Stone & Webster

United Engineers & Constructors

United Engineers & Constructors

Combustion Engineering

Bechtel Power

Ebasco

Reactor Manufacturer

General Electric

Westinghouse

Westinghouse

Combustion Engineering

General Electric

General Electric

Reactor Type

BWR

PWR

PWR

PWR

BWR

BWR

Turbine Generator Manufacturer

General Electric

Westinghouse

Westinghouse

Westinghouse

General Electric

General Electric

Maximum Dependable Capacity (MW)

838

1,028

1,041

798

688

605

(as of December 31, 2006)

Refueling Data:

Last Date

10/9/06 – 11/4/06

4/18/06 – 5/19/06

3/6/07 – 3/31/07

4/1/06 5/10/06

4/18/05 – 5/12/05

10/22/05 – 11/11/05

Number of Days

27

31

24

39

25

19

Next Scheduled Refueling

Fall 08

Spring 08

Spring 09

Fall 07

Spring 07

Spring 07

2006 Capacity Factor

90

%

89

%

100

%

85

%

97

%

99

%

($ millions as of December 31, 2006)

Net Book Value

240

704

300

n/a

108

173

Decommissioning Trust Fund Balance

(a)

585

(b)

(a)

n/a

583

417

Decommissioning Liability

(a)

288

(b)

(a)

n/a

236

250

Nearest Market Hub

NYISO

NYISO

NYISO

MISO

NEPOOL

NEPOOL

Zone A

(c)

Zone G

(d)

Zone G

(d)

Cinergy

Mass Hub

Mass Hub

Capacity Zone (ICAP/UCAP)

NYISO

NYISO

NYISO

n/a

NEPOOL

NEPOOL

Rest of State

Rest of State

Rest of State

^(a) NYPAretained the decommissioning trusts and decommissioning liability. NYPA and Entergy executed decommissioning agreements, specifying their decommissioning obligations. NYPA has the right to require Entergy to assume the decommissioning liability provided that it assigns the corresponding decommissioning trust, up to a specified level, to Entergy. If the decommissioning liability is retained by NYPA, Entergy will perform the decommissioning of the plants at a price equal to the lesser of a pre-specified level or the amount in the decommissioning trusts. Entergy believes that the amounts available to it under either scenario are sufficient to cover the future decommissioning costs without any additional contributions to the trusts.

^(b) Includes amount for Indian Point 1. Indian Point 1 has been shut down and in safe storage sincethe 1970s.

^(c) James A.FitzPatrick physically located in NYISO Zone C.

^(d) Indian Pointphysically located in NYISO Zone H.

ENTERGY NUCLEAR PLANT UPRATES

(MW)	Capacity 12/31/02	2003	2004	2005	2006	Capacity 12/31/06
FitzPatrick	825	—	13	—	—	838
Indian Point 2	970	14	44	—	—	1,028
Indian Point 3	980	14	—	47	—	1,041
Pilgrim	670	18	—	—	—	688
Vermont Yankee	510	—	—	—	95	605
Total	3,955	46	57	47	95	4,200

52

ENTERGY NUCLEAR (NON-UTILITY)

ENTERGY NUCLEAR SECURITIES DETAIL

LONG-TERM DEBT:

Note to New York Power Authority (NYPA) relating to the purchase of Fitzpatrick and Indian Point 3

($ thousands)	Long-term debt(a)	Interest expense	Additional LTD related to purchase of IP2	Interest expense	Total ending long-term debt	Total interest expense
2000	744,405	3,869	—	—	744,405	3,869
2001	682,512	35,392	74,402	1,190	756,914	36,582
2002	604,420	32,540	79,220	3,628	683,640	36,168
2003	441,845	27,387	72,863	3,643	514,708	31,030
2004	379,405	21,275	66,200	3,337	445,605	24,612
2005	313,968	18,277	59,218	3,018	373,186	21,295
2006	245,390	15,137	51,900	2,682	297,289	17,819
2007	173,520	11,845	44,231	2,331	217,751	14,176
2008	161,932	8,412	36,194	1,963	198,126	10,375
2009	149,771	7,839	27,772	1,577	177,543	9,416
2010	137,026	7,255	18,945	1,173	155,971	8,428
2011	123,669	6,643	9,694	750	133,363	7,393
2012	109,681	6,012	—	305	109,681	6,317
2013	95,011	5,331	—	—	95,011	5,331
2014	79,638	4,627	—	—	79,638	4,627
2015	61,027	3,889	—	—	61,027	3,889
2016–2035 Average	—	1,755	—	—	—	1,755

(a) Includes plant, fuel, and license extension payments. Payments for plant and fuel are made annually on 11/21 (anniversary of close). As of 9/30/03, the entire fuel note has been paid off. Life extension payments made on anniversary of license expiration.

Totals may not foot due to rounding.

NON-NUCLEAR WHOLESALE ASSETS

NON-NUCLEAR WHOLESALE ASSETS PLANT STATISTICS

Plant	Location	NERC Region	Commercial Operation	Ownership Interest		Net MW	Total MW	Fuel Type/ Technology	Purpose
Independence – Unit 2	Newark, AR	SERC	1983	14	%	121	842	Coal	Base
Nelson 6 (PPA)	Westlake, LA	SERC	1982	11	%	60	550	Coal	Base
Harrison County	Marshall, TX	SPP	2003	61	%	335	550	Combined Cycle	Intermediate
RS Cogen	Lake Charles, LA	SERC	2002	50	%	213	425	CCGT Cogen	Base QF
Ritchie – Unit 2	Helena, AR	SERC	1968	100	%	544	544	Gas/Oil	Peaking
Warren Power	Vicksburg, MS	SERC	2001	75	%	225	300	Gas Turbine	Peaking
Top of Iowa	Worth County, IA	MAPP	2001	50	%	40	80	Wind	Renewable
White Deer	Amarillo, TX	SPP	2001	50	%	40	80	Wind	Renewable
Total						1,578	3,371

NON-NUCLEAR WHOLESALE ASSETS SECURITIES DETAIL

DEBT:

Outstanding as of December 31,

(Entergy’s share)	2006		2005		2004		Maturity	Rate
			(in millions)
RS Cogen Senior Project Debt
Bank Portion(a)	$	65	$	72	$	77	10/17/18	LIBOR + 1.375	%
Institutional Portion	$	38	$	38	$	38	10/15/22	Fixed 8.73	%
Working Capital	$	1	$	—	$	—	Demand	LIBOR + 1.625	%
RS Cogen Subordinated Debt	$	15	$	16	$	—	10/17/17	LIBOR + 4.50	%
Top Deer Senior Project Debt	$	28	$	34	$	—	06/30/13	Fixed 5.43	%

^(a) RSCogen spread on bank portion increases over time to 2.375%.

PREFERRED STOCK:

			Shares Outstanding As of December 31,			As of December 31,
	Rate(a)		2006	2005	2004	2006		2005		2004
						(in millions)
Authorized 1,000,000 shares, $1 par value, cumulative
Without Sinking Fund:
Entergy Asset Management,	11.5	%	297,376	297,376	297,376	$	29.7	$	29.7	$	29.7
11.50% rate
Other	—		—	—	—		1.1		1.7		1.3
Total without sinking fund			297,376	297,376	297,376	$	30.8	$	31.4	$	31.0

^(a) EntergyAsset Management’s stockholders’ agreement provides that at any time during the 180-day period prior to December 31, 2007 or each subsequent December 31 thereafter, either Entergy Asset Management or the preferred shareholders may request that the preferred dividend rate be reset.

53

DEFINITIONS OF OPERATIONAL MEASURES AND GAAP AND NON-GAAP FINANCIAL MEASURES

NUCLEAR OPERATIONAL MEASURES

Net MW in operation	Installed capacity owned or operated by Entergy Nuclear
Average realized price per MWh	As-Reported revenue per MWh billed for all non-utility nuclear operations
Production cost per MWh	Fuel and non-fuel operation and maintenance expenses according to accounting standards that directly relate to the production of electricity per MWh
Billed GWh	Total number of GWh billed to all customers
Capability factor	The percentage of the maximum energy generation a plant is capable of supplying to the grid, limited only by factors within control of plant management. A high capability factor indicates effective plant programs and practices to minimize unplanned energy losses and to optimize planned Outages
Capacity factor	Normalized percentage of the period that the plant generates power. This is a ratio of the energy that was produced over a given period of time relative to energy that would have been produced had the unit operated continuously at its maximum dependable capacity over the period
Refueling outage duration	Number of days lost for scheduled refueling outage during the period

Financial measures defined in the below table include measures prepared in accordance with generally accepted accounting principles (GAAP), as well as non-GAAP measures. Non-GAAP measures are included in this report in order to provide metrics that remove the effect of less routine financial impacts from commonly used financial metrics.

FINANCIAL MEASURES – GAAP

Return on average invested capital – As-Reported	12-months trailing earnings adjusted to include preferred dividends and tax- effected interest expense divided by average invested capital
Return on average common equity – As-Reported	12-months trailing earnings divided by average common or members’ equity
Net margin – As-Reported	12-months trailing earnings divided by 12-months trailing revenue
Cash flow interest coverage interest	12-months cash flow from operating activities plus 12-months trailing paid, divided by interest expense
Book value per share	Common equity divided by end of period shares outstanding
Revolver capacity	Amount of undrawn capacity remaining on corporate and subsidiary revolvers
Total debt	Sum of short-term and long-term debt, notes payable, capital leases, and preferred stock with sinking fund (beginning in 2003) on the balance sheet, less non-recourse debt, if any
Project debt	Financing at subsidiaries to support specific projects
Debt of joint ventures (Entergy’s share)	Debt issued for Entergy-Koch, LP and Non-Nuclear Wholesale Assets business joint ventures for periods through third quarter 2004. Only Non-Nuclear Wholesale Assets business joint ventures debt included for periods thereafter
Leases (Entergy’s share)	Operating leases held by subsidiaries capitalized at implicit interest rate
Debt to capital	Gross debt divided by total capitalization
FINANCIAL MEASURES – NON-GAAP
Operational earnings	As-Reported earnings adjusted to exclude the impact of special items
Return on average invested capital – Operational	12-months trailing operational earnings adjusted to include preferred dividends and tax-effected interest expense divided by average invested capital
Return on average common equity – Operational	12-months trailing operational earnings divided by average common or members’ equity
Net margin - Operational	12-months trailing operational earnings divided by 12-months trailing revenue
Total gross liquidity	Sum of cash and cash equivalents and revolver capacity
Net debt to net capital	Gross debt less cash and cash equivalents divided by total capitalization less cash and cash equivalents
Net debt including off-balance sheet liabilities	Sum of gross debt and off-balance sheet debt less cash and cash equivalents divided by sum of total capitalization and off-balance sheet liabilities less cash and cash equivalents

54

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Deconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP

2004 PRO FORMA INCOME STATEMENT	UTILITY/PARENT/OTHER									CONSOLIDATED
	ENOI									ENOI
In thousands, as of December 31, 2004.	GAAP			Adjustment*			Pro Forma			GAAP			Adjustment*			Pro Forma
OPERATING REVENUES:
Domestic electric	$	7,934,312		$	(287,783	)	$	7,646,529		$	7,932,577		$	(287,783	)	$	7,644,794
Natural gas		208,499			(147,411	)		61,088			208,499			(147,411	)		61,088
Competitive businesses		48,601			—			48,601			1,544,445			—			1,544,445
Total		8,191,412			(435,194	)		7,756,218			9,685,521			(435,194	)		9,250,327
OPERATING EXPENSES:
Operating and Maintenance:
Fuel, fuel-related expenses, and gas purchased for resale		2,272,610			(245,301	)		2,027,309			2,488,208			(245,301	)		2,242,907
Purchased power		1,716,848			39,061			1,755,909			1,701,610			39,061			1,740,671
Nuclear refueling outage expenses		66,824			—			66,824			166,072			—			166,072
Provision for turbine commitments, asset impairments, and restructuring charges		—			—			—			55,000			—			55,000
Other operation and maintenance		1,578,842			(102,451	)		1,476,391			2,268,332			(102,450	)		2,165,882
Decommissioning		91,939			–			91,939			149,529			—			149,529
Taxes other than income taxes		348,376			(43,577	)		304,799			403,635			(43,577	)		360,058
Depreciation and amortization		828,445			(29,657	)		798,788			893,574			(29,657	)		863,917
Other regulatory credits – net		(90,611	)		4,670			(85,941	)		(90,611	)		4,670			(85,941	)
Total		6,813,273			(377,255	)		6,436,018			8,035,349			(377,254	)		7,658,095
OPERATING INCOME		1,378,139			(57,939	)		1,320,200			1,650,172			(57,940	)		1,592,232
OTHER INCOME:
Allowance for equity funds used during construction		39,582			(1,378	)		38,204			39,582			(1,378	)		38,204
Interest and dividend income		83,386			(396	)		82,990			109,635			(396	)		109,239
Equity in earnings (loss) of unconsolidated equity affiliates		(3	)		27,107			27,104			(78,727	)		27,107			(51,620	)
Miscellaneous – net		25,460			(270	)		25,190			55,509			(270	)		55,240
Total		148,425			25,063			173,488			125,999			25,064			151,063
INTEREST AND OTHER CHARGES:
Interest on long-term debt		447,510			(15,357	)		432,153			463,384			(15,357	)		448,027
Other interest – net		41,932			(929	)		41,003			40,133			(929	)		39,204
Allowance for borrowed funds used during construction		(25,741	)		1,243			(24,498	)		(25,741	)		1,243			(24,498	)
Total		463,701			(15,043	)		448,658			477,776			(15,043	)		462,733
INCOME FROM CONTINUING OPERATIONS BEFORE INCOME TAXES		1,062,863			(17,833	)		1,045,030			1,298,395			(17,833	)		1,280,562
Income taxes		378,526			(16,868	)		361,658			365,305			(16,868	)		348,437
INCOME FROM CONTINUING OPERATIONS		684,337			(965	)		683,372			933,090			(965	)		932,125
LOSS FROM DISCONTINUED OPERATIONS (net of income tax expense of $603)		(41	)		—			(41	)		(41	)		—			(41	)
CONSOLIDATED NET INCOME		684,296			(965	)		683,331			933,049			(965	)		932,084
Preferred dividend requirements and other		23,283			(965	)		22,318			23,525			(965	)		22,560
EARNINGS APPLICABLE TO COMMON STOCK	$	661,013		$	—		$	661,013		$	909,524		$	—		$	909,524

*Adjustment to reflect deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

55

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Deconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP

2004 PRO FORMA BALANCE SHEET

	Utility/ Parent/ Other									Consolidated
In thousands, as of December 31, 2004.	GAAP			ENOI Adjustment*			Pro Forma			GAAP			ENOI Adjustment*			Pro Forma
ASSETS
CURRENT ASSETS:
Cash and cash equivalents:
Cash	$	62,001		$	(2,998	)	$	59,003		$	79,136		$	(2,998	)	$	76,138
Temporary cash investments – at cost, which approximates market		558,971			(4,956	)		554,015			540,650			(4,956	)		535,694
Total cash and cash equivalents		620,972			(7,954	)		613,018			619,786			(7,954	)		611,832
Other temporary investments		2,236			—			2,236			187,950			—			187,950
Notes receivable		—			—			—			3,092			—			3,092
Accounts receivable:
Customer		435,191			(16,793	)		418,398			435,191			(16,793	)		418,398
Allowance for doubtful accounts		(21,576	)		3,492			(18,084	)		(23,758	)		3,492			(20,266	)
Associated companies		7,144			—			7,144			—			—			—
Other		185,899			(7,328	)		178,571			342,289			(7,329	)		334,960
Accrued unbilled revenues		460,039			(24,848	)		435,191			460,039			(24,848	)		435,191
Total receivables		1,066,697			(45,477	)		1,021,220			1,213,761			(45,478	)		1,168,283
Deferred fuel costs		55,069			(2,559	)		52,510			55,069			(2,559	)		52,510
Accumulated deferred income taxes		76,899			1,906			78,805			76,899			1,906			78,805
Fuel inventory – at average cost		125,454			(4,181	)		121,273			127,251			(4,181	)		123,070
Materials and supplies – at average cost		345,688			(9,149	)		336,539			569,407			(9,150	)		560,257
Deferred nuclear refueling outage costs		53,537			—			53,537			129,718			—			129,718
Prepayments and other		89,105			(3,468	)		85,637			116,279			(3,469	)		112,810
Total		2,435,657			(70,882	)		2,364,775			3,099,212			(70,885	)		3,028,327
OTHER PROPERTY AND INVESTMENTS:
Investment in affiliates – at equity		8,054,793			154,461			8,209,254			231,779			154,461			386,240
Decommissioning trust funds		1,051,901			—			1,051,901			2,453,406			—			2,453,406
Non-utility property – at cost
(less accumulated depreciation)		217,906			(1	)		217,905			219,717			—			219,717
Other		33,682			—			33,682			90,992			—			90,992
Total		9,358,282			154,460			9,512,742			2,995,894			154,461			3,150,355
PROPERTY, PLANT AND EQUIPMENT:
Electric		27,193,633			(699,072	)		26,494,561			29,053,340			(699,072	)		28,354,268
Property under capital lease		738,554			—			738,554			738,554			—			738,554
Natural gas		262,787			(183,728	)		79,059			262,787			(183,728	)		79,059
Construction work in progress		952,092			(33,274	)		918,818			1,197,551			(33,273	)		1,164,278
Nuclear fuel under capital lease		262,469			—			262,469			262,469			—			262,469
Nuclear fuel		34,326			—			34,326			320,813			—			320,813
Total property, plant and equipment		29,443,861			(916,074	)		28,527,787			31,835,514			(916,073	)		30,919,441
Less – accumulated depreciation and amortization		12,905,551			(435,519	)		12,470,032			13,139,883			(435,519	)		12,704,364
Property, plant and equipment – net		16,538,310			(480,555	)		16,057,755			18,695,631			(480,554	)		18,215,077
DEFERRED DEBITS AND OTHER ASSETS:
Regulatory assets:
SFAS 109 regulatory asset – net		746,413			46,406			792,819			746,413			46,406			792,819
Other regulatory assets		1,429,261			(35,489	)		1,393,772			1,429,261			(35,489	)		1,393,772
Deferred fuel costs		30,842			—			30,842			30,842			—			30,842
Long-term receivables		39,417			(2,492	)		36,925			39,417			(2,492	)		36,925
Goodwill		374,099			—			374,099			377,172			—			377,172
Other		796,166			(8,884	)		787,282			918,871			(8,884	)		909,987
Total		3,416,198			(459	)		3,415,739			3,541,976			(459	)		3,541,517
TOTAL ASSETS	$	31,748,447		$	(397,436	)	$	31,351,011		$	28,332,713		$	(397,437	)	$	27,935,276

* Adjustment to reflect deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

56

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Deconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP

2004 PRO FORMA BALANCE SHEET

	UTILITY/PARENT/OTHER							CONSOLIDATED
In thousands, as of December 31, 2004.	GAAP		ENOI Adjustment*			Pro Forma		GAAP			ENOI Adjustment*			Pro Forma
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Currently maturing long-term debt	$	415,266	$	(29,999	)	$	385,267	$	492,564		$	(30,000	)	$	462,564
Notes payable:
Associated companies		770,623		1			770,624		—			—			—
Other		43		—			43		193			—			193
Accounts payable:
Associated companies		14,781		—			14,781		—			—			—
Other		722,148		(31,926	)		690,222		896,528			(31,926	)		864,602
Customer deposits		222,157		(17,186	)		204,971		222,320			(17,187	)		205,133
Taxes accrued		178,671		(2,592	)		176,079		224,011			(2,592	)		221,419
Interest accrued		142,329		(4,757	)		137,572		144,478			(4,757	)		139,721
Obligations under capital leases		133,847		—			133,847		133,847			—			133,847
Other		83,478		(10,089	)		73,389		218,442			(10,088	)		208,354
Total		2,683,343		(96,548	)		2,586,795		2,332,383			(96,550	)		2,235,833
NON–CURRENT LIABILITIES:
Accumulated deferred income taxes and taxes accrued		5,208,605		(47,062	)		5,161,543		5,070,912			(47,062	)		5,023,850
Accumulated deferred investment tax credits		399,228		(3,997	)		395,231		399,228			(3,997	)		395,231
Obligations under capital leases		146,060		—			146,060		146,060			—			146,060
Other regulatory liabilities		329,767		—			329,767		329,767			—			329,767
Decommissioning and retirement cost liabilities		1,327,988		—			1,327,988		2,066,277			—			2,066,277
Transition to competition		79,101		—			79,101		79,101			—			79,101
Regulatory reserves		103,061		(233	)		102,828		103,061			(233	)		102,828
Accumulated provisions		346,614		1,042			347,656		549,914			1,042			550,956
Long-term debt		6,648,504		(196,647	)		6,451,857		7,016,831			(196,646	)		6,820,185
Preferred stock with sinking fund		17,400		—			17,400		17,400			—			17,400
Other		1,609,960		(34,213	)		1,575,747		1,554,212			(34,211	)		1,520,001
Total		16,216,288		(281,110	)		15,935,178		17,332,763			(281,107	)		17,051,656
Preferred stock without sinking fund		330,831		(19,780	)		311,051		365,356			(19,780	)		345,576
SHAREHOLDERS’ EQUITY:
Common stock, $.01 par value, authorized 500,000,000 shares; issued 248,174,087 shares in 2004		2,205,191		1			2,205,192		2,482			—			2,482
Paid–in capital		5,940,702		—			5,940,702		4,835,375			—			4,835,375
Retained earnings		5,919,339		1			5,919,340		4,989,826			—			4,989,826
Accumulated other comprehensive loss		4,772		—			4,772		(93,453	)		—			(93,453	)
Less – treasury stock, at cost (31,345,028 shares in 2004)		1,552,019		—			1,552,019		1,432,019			—			1,432,019
Total		12,517,985		2			12,517,987		8,302,211			—			8,302,211
Commitments and Contingencies
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$	31,748,447	$	(397,436	)	$	31,351,011	$	28,332,713		$	(397,437	)	$	27,935,276

* Adjustment to reflect deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

57

REG G RECONCILIATIONS

PRO FORMA FINANCIAL RESULTS (Reflects Deconsolidation of Entergy New Orleans) (unaudited)

RECONCILIATION OF GAAP TO NON-GAAP

2004 PRO FORMA STATEMENT OF CASH FLOW

	CONSOLIDATED
In thousands, as of December 31, 2004.	GAAP			ENOI Adjustment*			Pro Forma
OPERATING ACTIVITIES:
Consolidated net income	$	909,524		$	(965	)	$	908,559
Adjustments to reconcile consolidated net income to net cash flow provided by operating activities:
Reserve for regulatory adjustments		33,533			7,363			40,896
Other regulatory credits – net		(90,611	)		4,670			(85,941	)
Depreciation, amortization, and decommissioning		1,045,122			(29,657	)		1,015,465
Deferred income taxes and investment tax credits		352,094			(39,782	)		312,312
Equity in earnings (loss) of unconsolidated equity affiliates – net of dividends		608,141			(21,907	)		586,234
Provisions for asset impairments and restructuring charges		55,000			—			55,000
Changes in working capital:
Receivables		(210,419	)		7,757			(202,662	)
Fuel inventory		(16,769	)		(1,399	)		(18,168	)
Accounts payable		95,306			(13,905	)		81,401
Taxes accrued		(1,581	)		13,056			11,475
Interest accrued		5,269			1,455			6,724
Deferred fuel		213,627			5,279			218,906
Other working capital accounts		41,008			(2,123	)		38,885
Provision for estimated losses and reserves		(18,041	)		1,863			(16,178	)
Changes in other regulatory assets		48,626			5,380			54,006
Other		(140,510	)		4,539			(135,971	)
Net cash flow provided by operating activities		2,929,319			(58,376	)		2,870,943
INVESTING ACTIVITIES:
Construction/capital expenditures		(1,410,610	)		51,264			(1,359,346	)
Allowance for equity funds used during construction		39,582			(1,378	)		38,204
Nuclear fuel purchases		(238,170	)		—			(238,170	)
Proceeds from sale/leaseback of nuclear fuel		109,988			—			109,988
Proceeds from sale of assets and businesses		75,430			—			75,430
Investment in non-utility properties		(6,420	)		—			(6,420	)
Decrease (increase) in other investments		383,498			—			383,498
Purchase of other temporary investments		(1,629,500	)		—			(1,629,500	)
Liquidation of other temporary investments		1,676,350			(606	)		1,675,744
Proceeds from nuclear decommissioning trust fund sales		679,466			—			679,466
Investment in nuclear decommissioning trust funds		(769,273	)		—
Other regulatory investments		(53,566	)		—			(53,566	)
Net cash flow used in investing activities		(1,143,225	)		49,280			(1,093,945	)
FINANCING ACTIVITIES:
Proceeds from the issuance of:
Long-term debt		3,653,478			(72,640	)		3,580,838
Common stock and treasury stock		170,237			—			170,237
Retirement of long-term debt		(4,022,548	)		77,487			(3,945,061	)
Repurchase of common stock		(1,017,996	)		—			(1,017,996	)
Redemption of preferred stock		(3,450	)		—			(3,450	)
Changes in credit line borrowings - net		(154	)		—			(154	)
Dividends paid:
Common stock		(427,901	)		—			(427,901	)
Preferred stock		(23,525	)		965			(22,560	)
Net cash flow used in financing activities		(1,671,859	)		5,812			(1,666,047	)
Effect of exchange rates on cash and cash equivalents		(1,882	)		—			(1,882	)
Net increase (decrease) in cash and cash equivalents		112,353			(3,284	)		109,069
Cash and cash equivalents at beginning of period		507,433			(4,670	)		502,763
Cash and cash equivalents at end of period	$	619,786		$	(7,954	)	$	611,832
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:
Cash paid (received) during the period for:
Interest - net of amount capitalized	$	477,768		$	(16,172	)	$	461,596
Income taxes	$	28,241		$	5,736		$	33,977

* Adjustment to reflect deconsolidation of Entergy New Orleans, Inc.

Totals may not foot due to rounding.

Certain prior year data has been reclassified to conform with current year presentation.

58

REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 2002-2006

($ millions)	2006(a)	2005(a)		2004	2003		2002
As-Reported earnings (A)	1,133	898		910	927		599
Preferred dividends	28	25		24	24		24
Tax-effected interest expense	339	293		295	311		353
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	1,499	1,217		1,228	1,262		976
Special items (C)	135	(45	)	30	(55	)	(267	)
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	1,364	1,262		1,198	1,317		1,243
Operational earnings (A-C)	998	943		880	982		866
Average invested capital (D)	17,688	16,850		16,845	17,114		16,862
Average common equity (E)	7,970	8,020		8,500	8,271		7,647
Operating revenues (F)	10,932	10,106		9,686	9,033		8,299
Gross debt (G)	9,356	9,288		7,807	8,182		8,810
Less cash and cash equivalents (H)	1,016	583		620	507		1,335
Net debt (G-H)	8,340	8,705		7,187	7,675		7,475
Total capitalization (I)	17,899	17,477		16,469	17,220		17,007
Less cash and cash equivalents (J)	1,016	583		620	507		1,335
Net capitalization (I-J)	16,883	16,894		15,849	16,713		15,672
Off-balance sheet liabilities (K)	665	778		769	915		804
Revolver capacity (L)	2,770	2,545		1,490	1,553		1,018
Gross liquidity (H+L)	3,786	3,128		2,110	2,060		2,353
($ per share)
As-Reported earnings per share (M)	5.36	4.19		3.93	4.01		2.64
Operational earnings per share (N)	4.72	4.40		3.80	4.25		3.81
Common dividend paid per share (O)	2.16	2.16		1.89	1.60		1.34
Year-end closing market price per share of common stock (P)	92.32	68.65		67.59	57.13		45.59
(%)
Return on average invested capital – As-Reported (B/D)	8.5	7.2		7.3	7.4		5.8
Return on average invested capital – Operational ((B-C)/D)	7.7	7.5		7.1	7.7		7.4
Return on average common equity – As-Reported (A/E)	14.2	11.2		10.7	11.2		7.8
Return on average common equity – Operational ((A-C)/E)	12.5	11.8		10.4	11.9		11.3
Net margin – As-Reported (A/F)	10.4	8.9		9.4	10.3		7.2
Net margin – Operational ((A-C)/F)	9.1	9.3		9.1	10.9		10.4
Debt to capital ratio (G/I)	52.3	53.1		47.4	47.5		51.8
Net debt to net capital ratio ((G-H)/(I-J))	49.4	51.5		45.3	45.9		47.7
Net debt to net capital ratio including off-balance sheet liabilities ((G-H+K)/(I-J+K))	51.3	53.7		47.9	48.7		50.3
Common dividend payout ratio – As-Reported (O/M)	40	52		48	40		51
Common dividend payout ratio – Operational (O/N)	46	49		50	38		35
(ratio)
Price to earnings ratio – As-Reported (P/M)	17.24	16.39		17.18	14.25		17.29
Price to earnings ratio – Operational (P/N)	19.56	15.61		17.77	13.45		11.96

^(a) 2006and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

Calculations may differ due to rounding.

59

REG G RECONCILIATIONS

CONSOLIDATED FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 1Q05-4Q06

($ millions)	1Q05(a)		2Q05(a)		3Q05(a)		4Q05(a)		1Q06(a)		2Q06(a)		3Q06(a)		4Q06(a)
For the quarter:
As-Reported earnings (A)	172.0		286.2		350.0		90.2		193.6		281.8		388.9		268.3
Less special items (B)	(1.4	)	(2.8	)	(7.1	)	(33.4	)	3.4		23.8		6.3		101.4
Operational earnings (A-B)	173.4		289.0		357.1		123.6		190.2		258.0		382.6		166.9
As-Reported earnings trailing 12 months (C)	874		895		963		898		920		916		955		1,133
Preferred dividends	23		24		25		25		27		28		29		28
Tax-effected interest expense	282		278		287		293		304		316		324		339
As-Reported earnings, trailing 12 months including preferred dividends and tax-effected interest expense (D)	1,180		1,197		1,275		1,217		1,251		1,260		1,308		1,499
Special items in prior quarters	15		—		37		(11	)	(43	)	(37	)	(6	)	33
Special items 1Q05 through 4Q06
Utility/Parent/Other
ENOI results	—		—		—		—		6		11		7		(20	)
Entergy-Koch, LP gain	—		—		—		—		—		—		—		55
Retail business impairment reserve	—		—		—		(26	)	—		—		—		—
Retail business retail discontinued operations	(1	)	(3	)	(7	)	(8	)	(2	)	13		(1	)	(10	)
Restructuring-Entergy-Koch, LP distribution	—		—		—		—		—		—		—		104
Energy Commodity Services
Non-Nuclear Wholesale Assets write-off of tax capital losses	—		—		—		—		—		—		—		(28	)
Total special items (E)	13		(2	)	30		(45	)	(40	)	(13	)	—		135
Operational earnings, trailing 12 months including preferred dividends and tax-effected interest expense (D-E)	1,166		1,199		1,245		1,262		1,291		1,273		1,308		1,364
Operational earnings, trailing 12 months (C-E)	861		898		933		943		960		929		955		998
Average invested capital (F)	16,825		16,806		17,033		16,850		17,140		17,283		17,514		17,688
Average common equity (G)	8,452		8,347		8,350		8,020		8,026		8,080		8,208		7,970
Operating revenues, trailing 12 months (H)	9,289		9,465		9,661		10,106		10,564		10,747		11,104		10,932
Gross debt (I)	8,033		8,283		8,865		9,288		9,329		9,402		9,054		9,356
Less cash and cash equivalents (J)	477		607		598		583		752		729		745		1,016
Net debt (I-J)	7,556		7,676		8,267		8,705		8,576		8,673		8,309		8,340
Total capitalization (K)	16,393		16,609		17,070		17,477		17,888		17,956		17,957		17,899
Less cash and cash equivalents (L)	477		607		598		583		752		729		745		1,016
Net capital (K-L)	15,916		16,002		16,472		16,894		17,135		17,227		17,212		16,883
Off-balance sheet liabilities (M)	771		780		779		778		732		671		668		665
Revolver capacity (N)	1,070		1,407		791		2,545		2,718		2,710		3,095		2,770
Gross liquidity (J+N)	1,547		2,014		1,389		3,128		3,470		3,439		3,840		3,786
(%)
Return on average invested capital – As-Reported (D/F)	7.0		7.1		7.5		7.2		7.3		7.3		7.5		8.5
Return on average invested capital – Operational ((D-E)/F)	6.9		7.2		7.3		7.5		7.5		7.4		7.5		7.7
Return on average common equity – As-Reported (C/G)	10.3		10.7		11.5		11.2		11.5		11.3		11.6		14.2
Return on average common equity – Operational ((C-E)/G)	10.2		10.8		11.2		11.8		12.0		11.5		11.6		12.5
Net margin – As-Reported (C/H)	9.4		9.5		10.0		8.9		8.7		8.5		8.6		10.4
Net margin – Operational ((C-E)/H)	9.3		9.5		9.7		9.3		9.1		8.6		8.6		9.1
Debt to capital ratio (I/K)	49.0		49.9		51.9		53.1		52.1		52.4		50.4		52.3
Net debt to net capital ratio ((I-J)/(K-L))	47.5		48.0		50.2		51.5		50.0		50.4		48.3		49.4
Net debt to net capital including off-balancesheet liabilities ((I-J+M)/(K-L+M))	49.9		50.4		52.4		53.7		52.1		52.2		50.2		51.3

^(a) 2006 and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

Calculations may differ due to rounding.

60

REG G RECONCILIATIONS

UTILITY FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 2002-2006

($ millions)	2006(a)	2005(a)	2004	2003		2002
As-Reported earnings (A)	691.2	659.8	643.4	469.1		583.2
Preferred dividends	24.4	22.0	23.3	23.5		23.7
Tax-effected interest expense	246.8	224.0	235.9	258.1		286.9
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	962.3	905.8	902.6	750.7		893.8
Utility special items
ENOI results	4.1	—	—	—		—
River Bend loss provision	—	—	—	(65.6	)	—
SFAS 143 implementation	—	—	—	(21.3	)	—
Voluntary severance plan	—	—	—	(70.1	)	—
Total special items (C)	4.1	—	—	(157.0	)	—
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	958.2	905.8	902.6	907.7		893.8
Operational earnings (A-C)	687.1	659.8	643.4	626.1		583.2
Average invested capital (D)	13,254	12,738	12,514	12,796		12,992
Average common equity (E)	6,132	5,786	5,539	5,422		5,470
Gross debt (G)	6,786	6,990	6,394	6,851		7,178
Less cash and cash equivalents (H)	564	301	586	401		1,088
Net debt (G-H)	6,222	6,689	5,808	6,450		6,090
Total capitalization (I)	13,266	13,502	12,375	12,653		12,940
Less cash and cash equivalents (J)	564	301	586	401		1,088
Net capitalization (I-J)	12,702	13,201	11,789	12,252		11,852
(%)
Return on average invested capital – As-Reported (B/D)	7.2	7.1	7.2	5.9		6.9
Return on average invested capital – Operational ((B-C)/D)	7.2	7.1	7.2	7.1		6.9
Return on average common equity – As-Reported (A/E)	11.3	11.4	11.6	8.7		10.7
Return on average common equity – Operational ((A-C)/E)	11.2	11.4	11.6	11.5		10.7
Debt to capital ratio (G/I)	51.3	51.8	51.7	54.1		55.5
Net debt to net capital ratio ((G-H)/(I-J))	49.1	50.7	49.3	52.6		51.4

^(a) 2006 and 2005reflect deconsolidation of Entergy New Orleans, Inc.

Calculations may differ due to rounding.

61

REG G RECONCILIATIONS

UTILITY FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 1Q05-4Q06

($ millions)	1Q05(a)	2Q05(a)	3Q05(a)	4Q05(a)	1Q06(a)		2Q06(a)		3Q06(a)		4Q06(a)
As-Reported earnings (A)	90.5	211.7	298.9	58.7	119.8		199.6		290.0		81.8
Less special items (B)	—	—	—	—	5.6		10.6		7.3		(19.6	)
Operational earnings (A-B)	90.5	211.7	298.9	58.7	114.1		188.9		282.7		101.4
As-Reported earnings-trailing 12 months (C)	618.2	635.0	675.8	659.8	689.0		676.9		668.1		691.2
Preferred dividends	23.2	23.2	22.9	22.0	23.7		25.0		25.4		24.4
Tax-effected interest expense	221.5	217.3	227.8	224.0	226.0		232.3		229.2		246.8
As-Reported earnings, trailing 12 months including preferred dividends and tax-effected interest expense (D)	862.9	875.5	926.5	905.8	938.7		934.2		922.7		962.3
Special items in prior quarters	—	—	—	—	(4.7	)	(7.2	)	(2.9	)	23.7
Special items 1Q05 through 4Q06	—	—	—	—	5.6		10.7		7.3		(19.6	)
Total special items (E)	—	—	—	—	0.9		3.5		4.4		4.1
Operational earnings, trailing 12 months including preferred dividends and tax-effected interest expense (D-E)	862.9	875.5	926.5	905.8	937.8		930.7		918.3		958.2
Operational earnings, trailing 12 months (C-E)	618.2	635.0	675.8	659.8	688.1		673.4		663.7		687.1
Average invested capital (F)	12,187	12,208	12,340	12,738	12,723		12,782		12,946		13,254
Average common equity (G)	5,441	5,536	5,631	5,786	5,833		5,906		6,023		6,132
Gross debt (H)	6,228	6,300	6,456	6,990	6,749		6,793		6,763		6,786
Less cash and cash equivalents (I)	694	381	186	301	354		278		276		564
Net debt (H-I)	5,534	5,919	6,270	6,689	6,396		6,514		6,488		6,222
Total capitalization (J)	12,048	12,252	12,536	13,502	13,399		13,311		13,356		13,266
Less cash and cash equivalents (K)	694	381	186	301	354		278		276		564
Net capital (J-K)	11,354	11,871	12,350	13,201	13,046		13,033		13,080		12,702
(%)
Return on average invested capital – As-Reported (D/F)	7.1	7.2	7.5	7.1	7.4		7.3		7.1		7.2
Return on average invested capital – Operational ((D-E)/F)	7.1	7.2	7.5	7.1	7.4		7.3		7.1		7.2
Return on average common equity – As-Reported (C/G)	11.4	11.5	12.0	11.4	11.8		11.5		11.1		11.3
Return on average common equity – Operational ((C-E)/G)	11.4	11.5	12.0	11.4	11.8		11.4		11.0		11.2
Debt to capital ratio (H/J)	51.7	51.4	51.5	51.8	50.4		51.0		50.6		51.3
Net debt to net capital ratio ((H-I)/(J-K))	48.7	49.9	50.8	50.7	49.0		50.0		49.6		49.1

^(a) 2006and 2005 reflect deconsolidation of Entergy New Orleans, Inc.

Calculations may differ due to rounding.

62

REG G RECONCILIATIONS

ENTERGY ARKANSAS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2002-2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	165.6	166.9	134.4	118.2		127.9
Preferred dividends	7.6	7.8	7.8	7.8		7.8
Tax-effected interest expense	50.8	47.1	48.1	51.4		60.7
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	224.0	221.8	190.3	177.4		196.4
Special items
Voluntary severance plan	—	—	—	(28.4	)	—
Merger Expenses	—	—	—	—		—
Total special items (C)	—	—	—	(28.4	)	—
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	224.0	221.8	190.3	205.8		196.4
Operational earnings (A-C)	165.6	166.9	134.4	146.6		127.9
Average invested capital (D)	2,967	2,920	2,877	2,883		2,903
Average common equity (E)	1,432	1,378	1,303	1,254		1,229
Gross debt (F)	1,436	1,400	1,450	1,465		1,560
Less cash and cash equivalents (G)	35	9	90	9		96
Net debt (F-G)	1,401	1,391	1,360	1,456		1,464
Total capitalization (H)	2,987	2,946	2,894	2,860		2,906
Less cash and cash equivalents (I)	35	9	90	9		96
Net capitalization (H-I)	2,952	2,937	2,804	2,851		2,810
(%)
Return on average invested capital - As-Reported (B/D)	7.6	7.6	6.6	6.2		6.8
Return on average invested capital - Operational ((B-C)/D)	7.6	7.6	6.6	7.1		6.8
Return on average common equity - As-Reported (A/E)	11.6	12.1	10.3	9.4		10.4
Return on average common equity - Operational ((A-C)/E)	11.6	12.1	10.3	11.7		10.4
Debt to capital ratio (F/H)	48.1	47.5	50.1	51.2		53.7
Net debt to net capital ratio ((F-G)/(H-I))	47.5	47.4	48.5	51.1		52.1

ENTERGY GULF STATES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2002-2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	208.0	202.3	187.8	37.9		169.2
Preferred dividends	4.0	4.2	4.5	4.7		4.9
Tax-effected interest expense	88.0	71.2	76.3	88.7		83.2
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	300.0	277.7	268.6	131.3		257.3
Special items
River Bend loss provision	—	—	—	(65.6	)	—
SFAS 143 implementation	—	—	—	(21.3	)	—
Voluntary severance plan	—	—	—	(15.5	)	—
Merger expenses	—	—	—	—		—
Total special items (C)	—	—	—	(102.4	)	—
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	300.0	277.7	268.6	233.7		257.3
Operational earnings (A-C)	208.0	202.3	187.8	140.3		169.2
Average invested capital (D)	4,699	4,304	4,046	4,190		4,102
Average common equity (E)	2,217	2,005	1,740	1,710		1,684
Gross debt (F)	2,442	2,426	2,078	2,439		2,401
Less cash and cash equivalents (G)	180	25	7	206		318
Net debt (F-G)	2,262	2,401	2,071	2,233		2,083
Total capitalization (H)	4,695	4,697	3,911	4,182		4,198
Less cash and cash equivalents (I)	180	25	7	206		318
Net capitalization (H-I)	4,515	4,672	3,904	3,976		3,880
(%)
Return on average invested capital - As-Reported (B/D)	6.4	6.5	6.6	3.1		6.3
Return on average invested capital - Operational ((B-C)/D)	6.4	6.5	6.6	5.6		6.3
Return on average common equity - As-Reported (A/E)	9.4	10.1	10.8	2.2		10.0
Return on average common equity - Operational ((A-C)/E)	9.4	10.1	10.8	8.2		10.0
Debt to capital ratio (F/H)	52.0	51.7	53.1	58.3		57.2
Net debt to net capital ratio ((F-G)/(H-I))	50.1	51.4	53.0	56.2		53.7

Calculations may differ due to rounding.

63

REG G RECONCILIATIONS

ENTERGY LOUISIANA FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 2002-2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	130.7	128.1	127.5	146.1		144.7
Preferred dividends	7.0	–	–	–		–
Tax-effected interest expense	50.5	48.6	42.7	43.9		59.6
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	188.2	176.6	170.2	190.0		204.3
Special items
Voluntary severance plan	–	–	–	(12.6	)	–
Merger expenses	–	–	–	–		–
Regulatory and reserve adjustments	–	–	–	–		–
Total special items (C)	–	–	–	(12.6	)	–
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	188.2	176.6	170.2	202.6		204.3
Operational earnings (A-C)	130.7	128.1	127.5	158.7		144.7
Average invested capital (D)	2,562	2,263	2,020	2,130		2,418
Average members’ equity (E)	1,212	1,069	1,027	1,021		1,124
Gross debt (F)	1,230	1,271	1,017	968		1,250
Less cash and cash equivalents (G)	3	105	146	9		312
Net debt (F-G)	1,227	1,166	871	959		938
Total capitalization (H)	2,648	2,476	2,050	1,989		2,271
Less cash and cash equivalents (I)	3	105	146	9		312
Net capitalization (H-I)	2,645	2,371	1,904	1,980		1,959
(%)
Return on average invested capital – As-Reported (B/D)	7.3	7.8	8.4	8.9		8.5
Return on average invested capital– Operational ((B-C)/D)	7.3	7.8	8.4	9.5		8.5
Return on average members’ equity – As-Reported (A/E)	10.8	12.0	12.4	14.3		12.9
Return on average members’ equity – Operational ((A-C)/E)	10.8	12.0	12.4	15.5		12.9
Debt to capital ratio (F/H)	46.4	51.3	49.6	48.6		55.0
Net debt to net capital ratio ((F-G)/(H-I))	46.4	49.2	45.8	48.4		47.9

ENTERGY MISSISSIPPI FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2002-2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	49.5	58.8	70.1	63.7		49.0
Preferred dividends	2.8	3.3	3.4	3.4		3.4
Tax-effected interest expense	29.9	25.3	25.6	26.8		25.9
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	82.2	87.4	99.1	93.9		78.3
Special items
Voluntary severance plan	–	–	–	(4.5	)	–
Merger expenses	–	–	–	–		–
Total special items (C)	–	–	–	(4.5	)	–
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	82.2	87.4	99.1	98.4		78.3
Operational earnings (A-C)	49.5	58.8	70.1	68.2		49.0
Average invested capital (D)	1,391	1,301	1,289	1,296		1,232
Average common equity (E)	595	555	526	498		471
Gross debt (F)	795	695	695	730		765
Less cash and cash equivalents (G)	73	5	80	64		148
Net debt (F-G)	722	690	615	666		617
Total capitalization (H)	1,463	1,319	1,283	1,295		1,298
Less cash and cash equivalents (I)	73	5	80	64		148
Net capitalization (H-I)	1,390	1,314	1,203	1,231		1,150
(%)
Return on average invested capital – As-Reported (B/D)	5.9	6.7	7.7	7.2		6.4
Return on average invested capital – Operational ((B-C)/D)	5.9	6.7	7.7	7.6		6.4
Return on average common equity – As-Reported (A/E)	8.3	10.6	13.3	12.8		10.4
Return on average common equity – Operational ((A-C)/E)	8.3	10.6	13.3	13.7		10.4
Debt to capital ratio (F/H)	54.3	52.7	54.2	56.4		59.0
Net debt to net capital ratio ((F-G)/(H-I))	51.9	52.6	51.1	54.1		53.7

Calculations may differ due to rounding.

64

REG G RECONCILIATIONS

ENTERGY NEW ORLEANS FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 2002-2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	4.1	0.8	27.1	6.9		(1.2	)
Preferred dividends	1.3	0.5	1.0	1.0		1.0
Tax-effected interest expense	10.4	6.7	9.5	9.6		13.0
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	15.8	8.0	37.6	17.5		12.8
Special items
Voluntary severance plan	—	—	—	(3.0	)	—
Merger expenses	—	—	—	—		—
Total special items (C)	—	—	—	(3.0	)	—
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	15.8	8.0	37.6	20.5		12.8
Operational earnings (A-C)	4.1	0.8	27.1	9.9		(1.2	)
Average invested capital (D)	480	454	393	380		379
Average common equity (E)	152	152	144	131		130
Gross debt (F)	282	335	230	229		229
Less cash and cash equivalents (G)	17	48	8	5		66
Net debt (F-G)	265	287	222	224		163
Total capitalization (H)	456	505	404	382		378
Less cash and cash equivalents (I)	17	48	8	5		66
Net capitalization (H-I)	438	457	396	377		312
(%)
Return on average invested capital – As-Reported (B/D)	3.3	1.8	9.6	4.6		3.4
Return on average invested capital – Operational ((B-C)/ D)	3.3	1.8	9.6	5.4		3.4
Return on average common equity – As-Reported (A/E)	2.7	0.5	18.9	5.3		(0.9	)
Return on average common equity – Operational ((A-C)/E)	2.7	0.5	18.9	7.6		(0.9	)
Debt to capital ratio (F/H)	61.9	66.4	56.9	60.1		60.7
Net debt to net capital ratio ((F-G)/(H-I))	60.4	62.8	56.0	59.6		52.3

SYSTEM ENERGY RESOURCES FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 2002-2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	140.3	111.6	105.9	106.0		103.4
Preferred dividends	—	—	—	—		—
Tax-effected interest expense	36.5	36.9	36.0	39.5		46.7
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	176.8	148.5	141.9	145.5		150.1
Special items
Voluntary severance plan	—	—	—	(6.1	)	—
Merger expenses	—	—	—	—		—
Total special items (C)	—	—	—	(6.1	)	—
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	176.8	148.5	141.9	151.6		150.1
Operational earnings (A-C)	140.3	111.6	105.9	112.1		103.4
Average invested capital (D)	1,782	1,831	1,832	1,850		1,877
Average common equity (E)	876	894	894	893		891
Gross debt (F)	879	934	940	936		979
Less cash and cash equivalents (G)	135	76	216	53		113
Net debt (F-G)	744	858	724	883		866
Total capitalization (H)	1,736	1,827	1,835	1,829		1,871
Less cash and cash equivalents (I)	135	76	216	53		113
Net capitalization (H-I)	1,601	1,751	1,619	1,776		1,758
(%)
Return on average invested capital – As-Reported (B/D)	9.9	8.1	7.7	7.9		8.0
Return on average invested capital – Operational ((B-C)/ D)	9.9	8.1	7.7	8.2		8.0
Return on average common equity – As-Reported (A/E)	16.0	12.5	11.9	11.9		11.6
Return on average common equity – Operational ((A-C)/E)	16.0	12.5	11.9	12.6		11.6
Debt to capital ratio (F/H)	50.6	51.1	51.2	51.2		52.3
Net debt to net capital ratio ((F-G)/(H-I))	46.4	49.0	44.7	49.7		49.3

Calculations may differ due to rounding.

65

REG G RECONCILIATIONS

ENTERGY NUCLEAR FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES

2002 - 2006

($ millions)	2006	2005	2004	2003		2002
As-Reported earnings (A)	309.5	282.6	245.0	300.8		200.5
Preferred dividends	—	—	—	—		—
Tax-effected interest expense	29.2	31.3	33.0	21.2		29.1
As-Reported earnings including preferred dividends and tax-effected interest expense (B)	338.7	313.9	278.0	322.0		229.6
Special items
SFAS 143 implementation	—	—	—	154.4		—
Voluntary severance plan	—	—	—	(51.8	)	—
Total special items (C)	—	—	—	102.6		—
Operational earnings including preferred dividends and tax-effected interest expense (B-C)	338.7	313.9	278.0	219.4		229.6
Operational earnings (A-C)	309.5	282.6	245.0	198.2		200.5
Average invested capital (D)	2,893	2,717	2,752	2,526		2,174
Average common equity (E)	2,413	2,083	2,000	1,654		1,164
Gross debt (F)	448	512	757	747		997
Less cash and cash equivalents (G)	384	212	140	149		158
Net debt (F-G)	64	300	617	598		839
Total capitalization (H)	3,159	2,626	2,808	2,696		2,356
Less cash and cash equivalents (I)	384	212	140	149		158
Net capitalization (H-I)	2,775	2,414	2,668	2,547		2,198
(%)
Return on average invested capital – As-Reported (B/D)	11.7	11.6	10.1	12.8		10.6
Return on average invested capital – Operational ((B-C)/D)	11.7	11.6	10.1	8.6		10.6
Return on average common equity – As-Reported (A/E)	12.8	13.6	12.3	18.2		17.2
Return on average common equity – Operational ((A-C)/E)	12.8	13.6	12.3	11.9		17.2
Debt to capital ratio (F/H)	14.2	19.5	27.0	27.7		42.3
Net debt to net capital ratio ((F-G)/(H-I))	2.3	12.4	23.1	23.5		38.2

Calculations may differ due to rounding.

66

REG G RECONCILIATIONS

ENTERGY NUCLEAR FINANCIAL MEASURES – RECONCILIATION OF GAAP TO NON-GAAP MEASURES 1Q05-4Q06

($ millions)	1Q05	2Q05	3Q05	4Q05	1Q06	2Q06	3Q06	4Q06
For the quarter:
As-Reported earnings (A)	78.0	58.3	69.3	77.1	81.5	63.4	106.9	57.7
Less special items (B)	—	—	—	—	—	—	—	—
Operational earnings (A-B)	78.0	58.3	69.3	77.1	81.5	63.4	106.9	57.7
As-Reported earnings, trailing 12 months (C)	254.2	249.4	255.0	282.6	286.2	291.3	328.9	309.5
Preferred dividends	—	—	—	—	—	—	—	—
Tax-effected interest expense	34.3	34.5	31.7	31.3	31.1	29.3	30.8	29.3
As-Reported earnings, trailing 12 months including preferred dividends and tax-effected interest expense (D)	288.5	283.9	286.7	313.9	317.3	320.6	359.7	338.8
Special items in prior quarters	—	—	—	—	—	—	—	—
Special items 1Q05 through 4Q06	—	—	—	—	—	—	—	—
Total special items (E)	—	—	—	—	—	—	—	—
Operational earnings, trailing
12 months including preferred dividends and tax-effected interest expense (D-E)	288.5	283.9	286.7	313.9	317.3	320.6	359.7	338.8
Operational earnings, trailing
12 months (C-E)	254.2	249.4	255.0	282.6	286.2	291.3	328.9	309.5
Average invested capital (F)	2,824	2,813	2,776	2,717	2,927	2,987	2,972	2,893
Average common equity (G)	2,088	2,084	2,108	2,083	2,260	2,313	2,364	2,413
Gross debt (H)	762	767	693	512	572	581	524	448
Less cash and cash equivalents (I)	166	166	320	212	311	382	418	384
Net debt (H-I)	596	601	373	300	261	199	106	64
Total capitalization (J)	2,889	2,930	2,798	2,626	2,965	3,045	3,146	3,159
Less cash and cash equivalents (K)	166	166	320	212	311	382	418	384
Net capital (J-K)	2,723	2,764	2,478	2,414	2,655	2,663	2,728	2,775
(%)
Return on average invested capital – As-Reported (D/F)	10.2	10.1	10.3	11.6	10.8	10.7	12.1	11.7
Return on average invested capital – Operational ((D-E)/F)	10.2	10.1	10.3	11.6	10.8	10.7	12.1	11.7
Return on average common equity – As-Reported (C/G)	12.2	12.0	12.1	13.6	14.0	13.9	15.2	14.0
Return on average common equity – Operational ((C-E)/G)	12.2	12.0	12.1	13.6	14.0	13.9	15.2	14.0
Debt to capital ratio (H/J)	26.4	26.2	24.8	19.5	19.3	19.1	16.7	14.2
Net debt to net capital ratio ((H-I)/(J-K))	21.9	21.7	15.0	12.4	9.9	7.5	3.9	2.3

Calculations may differ due to rounding.

67

INVESTOR INFORMATION

INVESTOR NEWS

Entergy’s quarterly earnings results, webcasts, presentations, and other news and information of investor interest may be obtained by visiting the investor information page on Entergy’s corporate Web site at www.entergy.com or calling Entergy Shareholder Direct at 1.888.ENTERGY (368.3749).

INVESTOR RELATIONS

Security analysts, portfolio managers, and other members of the financial community may contact:

Michele Lopiccolo

Vice President, Investor Relations

Telephone: 504.576.4879

E–mail: mlopicc@entergy.com

SHAREHOLDER ACCOUNT INFORMATION

Mellon Investor Services, LLC is Entergy’s transfer agent, registrar, dividend disbursing agent, and dividend reinvestment and stock purchase plan agent. Shareholders of record with questions about lost certificates, lost or missing dividend checks or notifications of change of address should contact:

Mellon Investor Services

480 Washington Boulevard

Jersey City, NJ 07310

Telephone: 1.800.333.4368

Internet address: www.melloninvestor.com

CORPORATE GOVERNANCE

Entergy’s Corporate Governance Guidelines, Board Committee Charters for the Corporate Governance, Audit, and Personnel Committees, and Entergy’s Code of Conduct may be accessed electronically be selecting the investor information page on Entergy’s corporate Web site at www.entergy.com.

ADDITIONAL INFORMATION

For copies of the above Corporate Governance documents, Entergy’s 10-K and 10-Q reports filed with the Securities and Exchange Commission, or for other investor information, call 1.888.ENTERGY or write to:

Entergy Corporation

Investor Relations

P.O. Box 61000

New Orleans, LA 70161

COMMON STOCK INFORMATION

The company’s common stock is listed on the New York and Chicago exchanges under the symbol “ETR” (CUSIP 29364G10). The Entergy share price is reported daily in the financial press under “Entergy” in most listings of New York Stock Exchange securities. Entergy common stock is a component of the following indices: S&P 500, S&P Utilities Index, Philadelphia Utility Index and the NYSE Composite Index, among others.

In June 2006, Entergy’s Chief Executive Officer certified to the New York Stock Exchange that he was not aware of any violation of the NYSE corporate governance listing standards. Also, Entergy filed certifications regarding the quality of the company’s public disclosure, required by Section 302 of the Sarbanes-Oxley Act of 2002, as exhibits to its Report on Form 10-K for the fiscal year ended December 31, 2006.

At year-end 2006 there were 202,667,776 shares of Entergy common stock outstanding. Shareholders of record totaled 46,488, and approximately 75,000 investors held Entergy stock in “street name” through a broker.

ENTERGY COMMON STOCK PRICES

The high and low trading prices for each quarterly period in 2006 and 2005 were as follows (in dollars):

	2006		2005
Quarter	High	Low	High	Low
1	72.97	67.97	72.00	64.48
2	72.97	66.78	76.60	69.35
3	80.00	70.80	79.22	70.52
4	94.03	78.38	76.42	67.00

DIVIDEND PAYMENTS

The Board of Directors declares dividends quarterly and sets the record and payment dates. Subject to Board discretion, those dates for 2007 are:

Declaration Date	Record Date	Payment Date
January 26	February 9	March 1
April 3	May 10	June 1
July 27	August 10	September 1
October 26	November 9	December 1

Quarterly dividend payments (in cents-per-share):

Quarter	2007	2006	2005	2004	2003
1	54	54	54	45	35
2	54	54	54	45	35
3		54	54	45	45
4		54	54	54	45

PREFERRED STOCK DIVIDEND PAYMENTS

The board of directors for each preferred stock issuer declares preferred dividends quarterly and sets the record and payment dates. Subject to their discretion, those dates for 2007 are:

Operating Companies	Record Date	Payment Date
Entergy Arkansas, Inc.	3/20/07	4/1/07
	6/6/07	7/1/07
	9/5/07	10/1/07
	12/3/07	1/1/08
Entergy Gulf States, Inc.	2/21/07	3/15/07
	5/21/07	6/15/07
	8/22/07	9/15/07
	11/16/07	12/15/07
Entergy Louisiana, LLC	2/21/07	3/15/07
	5/21/07	6/15/07
	8/22/07	9/15/07
	11/16/07	12/15/07
Entergy Mississippi, Inc.	1/20/07	2/1/07
	4/16/07	5/1/07
	7/9/07	8/1/07
	10/9/07	11/1/07
Entergy New Orleans, Inc.*	3/1/07	4/2/07
	6/1/07	7/2/07
	9/4/07	10/1/07
	12/3/07	1/2/08

* ENOI emerged from Chapter 11 bankruptcy effective May 8, 2007, pursuant to the Confirmation Order from the Bankruptcy Court confirming Entergy New Orleans’ Plan of Reorganization. Entergy New Orleans will shortly thereafter pay all accumulated but unpaid dividends on all of ENOI’s series of Preferred Stock and is expected to continue to declare and pay dividends thereafter.

68

Entergy Corporation

Post Office Box 61000

New Orleans, LA