Entergy (ETR) 10-Q 2014 Q3 Quarterly report

Exhibit 12(e)
Entergy New Orleans, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
	2009		2010		2011		2012		2013		2014
Fixed charges, as defined:
Total Interest	$	16,965	$	13,170	$	11,114	$	11,344	$	13,675	$	13,291
Interest applicable to rentals	593		751		743		670		564		561
Total fixed charges, as defined	17,558		13,921		11,857		12,014		14,239		13,852
Preferred dividends, as defined (a)	1,454		1,177		1,569		1,569		1,569		1,569
Combined fixed charges and preferred dividends, as defined	$	19,012	$	15,098	$	13,426	$	13,583	$	15,808	$	15,421
Earnings as defined:
Net Income	$	30,479	$	31,114	$	35,976	$	17,065	$	11,683	$	30,293
Add:
Provision for income taxes:
Total	15,346		16,601		15,862		7,240		1,619		12,772
Fixed charges as above	17,558		13,921		11,857		12,014		14,239		13,852
Total earnings, as defined	$	63,383	$	61,636	$	63,695	$	36,319	$	27,541	$	56,917
Ratio of earnings to fixed charges, as defined (b)	3.61		4.43		5.37		3.02		1.93		4.11
Ratio of earnings to combined fixed charges and
preferred dividends, as defined	3.33		4.08		4.74		2.67		1.74		3.69
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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.