System Energy Resources 10-Q 2015 Q2 Quarterly report

Exhibit 12(b)
Entergy Gulf States Louisiana, L.L.C.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
	2010		2011		2012		2013		2014		2015
Fixed charges, as defined:
Total Interest charges	$	101,318	$	84,356	$	83,251	$	81,118	$	86,705	$	89,965
Interest applicable to rentals	2,204		2,309		2,074		1,902		1,796		1,786
Total fixed charges, as defined	103,522		86,665		85,325		83,020		88,501		91,751
Preferred dividends, as defined (a)	1,006		1,341		1,341		1,341		1,344		1,339
Combined fixed charges and preferred dividends, as defined	$	104,528	$	88,006	$	86,666	$	84,361	$	89,845	$	93,090
Earnings as defined:
Net Income	$	174,319	$	201,604	$	158,977	$	161,662	$	162,491	$	167,656
Add:
Income Taxes	92,297		89,736		52,616		56,819		88,782		80,817
Fixed charges as above	103,522		86,665		85,325		83,020		88,501		91,751
Total earnings, as defined	$	370,138	$	378,005	$	296,918	$	301,501	$	339,774	$	340,224
Ratio of earnings to fixed charges, as defined	3.58		4.36		3.48		3.63		3.84		3.71
Ratio of earnings to combined fixed charges and
preferred dividends, as defined	3.54		4.30		3.43		3.57		3.78		3.65
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(a) "Preferred dividends," as defined by SEC regulation S-K, are computed by dividing the preferred dividend
requirement by one hundred percent (100%) minus the income tax rate.