Exhibit 99(d)
Entergy Mississippi, 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 June 2000
Fixed charges, as defined:
Total Interest $51,635 $48,007 $45,274 $40,927 $38,840 $40,084
Interest applicable to rentals 2,173 2,165 1,947 1,864 2,261 1,449
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Total fixed charges, as defined 53,808 50,172 47,221 42,791 41,101 41,533
Preferred dividends, as defined (a) 9,004 7,610 5,123 4,878 4,878 4,810
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Combined fixed charges and preferred dividends, as defined $62,812 $57,782 $52,344 $47,669 $45,979 $46,343
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Earnings as defined:
Net Income $68,667 $79,210 $66,661 $62,638 $41,588 $48,151
Add:
Provision for income taxes:
Total income taxes 34,877 41,107 26,744 28,031 17,537 20,968
Fixed charges as above 53,808 50,172 47,221 42,791 41,101 41,533
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Total earnings, as defined $157,352 $170,489 $140,626 $133,460 $100,226 $110,652
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Ratio of earnings to fixed charges, as defined 2.92 3.40 2.98 3.12 2.44 2.66
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Ratio of earnings to combined fixed charges and
preferred dividends, as defined 2.51 2.95 2.69 2.80 2.18 2.39
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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.