Exhibit 99(c)
Entergy Louisiana, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
12 months
1995 1996 1997 1998 1999 September-00
Fixed charges, as defined:
Total Interest $136,901 $132,412 $128,900 $122,890 $117,247 $113,472
Interest applicable to rentals 9,332 10,601 9,203 9,564 9,221 7,581
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Total fixed charges, as defined 146,233 143,013 138,103 132,454 126,468 121,053
Preferred dividends, as defined (a) 32,847 28,234 22,103 20,925 16,006 15,596
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Combined fixed charges and preferred dividends, as defined $179,080 $171,247 $160,206 $153,379 $142,474 $136,649
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Earnings as defined:
Net Income $201,537 $190,762 $141,757 $179,487 $191,770 $140,277
Add:
Provision for income taxes:
Total Taxes 117,114 118,559 98,965 109,104 122,368 89,934
Fixed charges as above 146,233 143,013 138,103 132,454 126,468 121,053
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Total earnings, as defined $464,884 $452,334 $378,825 $421,045 $440,606 $351,264
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Ratio of earnings to fixed charges, as defined 3.18 3.16 2.74 3.18 3.48 2.90
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Ratio of earnings to combined fixed charges and
preferred dividends, as defined 2.60 2.64 2.36 2.75 3.09 2.57
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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.