Entergy Utility Group, Inc. 1ST MTG BD 66 (ENO) 10-Q 2016 Q1 Quarterly report

Exhibit 12(c)
Entergy Mississippi, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
	Twelve Months Ended
	December 31,										March 31,
	2011		2012		2013		2014		2015		2016
Fixed charges, as defined:
Total Interest	$	52,273	$	57,345	$	59,031	$	57,002	$	57,842	$	58,338
Interest applicable to rentals	1,731		1,637		1,148		1,498		1,765		1,384
Total fixed charges, as defined	54,004		58,982		60,179		58,500		59,607		59,722
Preferred dividends, as defined (a)	4,580		4,580		4,580		4,580		4,580		4,580
Combined fixed charges and preferred dividends, as defined	$	58,584	$	63,562	$	64,759	$	63,080	$	64,187	$	64,302
Earnings as defined:
Net Income	$	108,729	$	46,768	$	82,159	$	74,821	$	92,708	$	84,891
Add:
Provision for income taxes:
Total income taxes	28,801		58,679		49,757		55,710		61,872		56,882
Fixed charges as above	54,004		58,982		60,179		58,500		59,607		59,722
Total earnings, as defined	$	191,534	$	164,429	$	192,095	$	189,031	$	214,187	$	201,495
Ratio of earnings to fixed charges, as defined	3.55		2.79		3.19		3.23		3.59		3.37
Ratio of earnings to combined fixed charges and
preferred dividends, as defined	3.27		2.59		2.97		3.00		3.34		3.13
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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.