Exhibit 99(a)
Entergy Arkansas, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
Twelve Months Ended
Sept 30,
1997 1998 1999 2000 2001 2002
Fixed charges, as defined:
Total Interest Charges $104,165 $96,685 $97,023 $101,600 $109,523 $106,100
Interest applicable to rentals 17,529 15,511 17,289 16,449 14,563 11,488
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Total fixed charges, as defined 121,694 112,196 114,312 118,049 124,086 117,588
Preferred dividends, as defined (a) 16,073 16,763 17,836 13,479 12,348 12,018
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Combined fixed charges and preferred dividends, as defined $137,767 $128,959 $132,148 $131,528 $136,434 $129,606
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Earnings as defined:
Net Income $127,977 $110,951 $69,313 $137,047 $178,185 $136,518
Add:
Provision for income taxes:
Total 59,220 71,374 54,012 100,512 105,933 69,177
Fixed charges as above 121,694 112,196 114,312 118,049 124,086 117,588
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Total earnings, as defined $308,891 $294,521 $237,637 $355,608 $408,204 $323,283
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Ratio of earnings to fixed charges, as defined 2.54 2.63 2.08 3.01 3.29 2.75
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Ratio of earnings to combined fixed charges and
preferred dividends, as defined 2.24 2.28 1.80 2.70 2.99 2.49
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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.