Entergy (ETR) 10-Q 2014 Q3 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
	2009		2010		2011		2012		2013		2014
Fixed charges, as defined:
Total Interest charges	$	118,243	$	101,318	$	84,356	$	83,251	$	81,118	$	85,500
Interest applicable to rentals	3,767		2,204		2,309		2,074		1,902		1,846
Total fixed charges, as defined	122,010		103,522		86,665		85,325		83,020		87,346
Preferred dividends, as defined (a)	1,306		1,006		1,341		1,341		1,341		1,344
Combined fixed charges and preferred dividends, as defined	$	123,316	$	104,528	$	88,006	$	86,666	$	84,361	$	88,690
Earnings as defined:
Net Income	$	153,281	$	174,319	$	201,604	$	158,977	$	161,662	$	180,312
Add:
Income Taxes	88,951		92,297		89,736		52,616		56,819		87,921
Fixed charges as above	122,010		103,522		86,665		85,325		83,020		87,346
Total earnings, as defined	$	364,242	$	370,138	$	378,005	$	296,918	$	301,501	$	355,579
Ratio of earnings to fixed charges, as defined	2.99		3.58		4.36		3.48		3.63		4.07
Ratio of earnings to combined fixed charges and
preferred dividends, as defined	2.95		3.54		4.30		3.43		3.57		4.01
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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.