Exhibit 99(f)
System Energy Resources, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Fixed Charges
September 30,
1998 1999 2000 2001 2002 2003
Fixed charges, as defined:
Total Interest $116,060 $147,982 $118,519 $138,018 $76,639 $69,954
Interest applicable to rentals 5,189 3,871 5,753 4,458 3,250 3,333
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Total fixed charges, as defined $121,249 $151,853 $124,272 $142,476 $79,889 $73,287
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Earnings as defined:
Net Income $106,476 $82,375 $93,745 $116,355 $103,352 100,805
Add:
Provision for income taxes:
Total 77,263 53,851 81,263 43,761 76,177 77,992
Fixed charges as above 121,249 151,853 124,272 142,476 79,889 73,287
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Total earnings, as defined $304,988 $288,079 $299,280 $302,592 $259,418 $252,084
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Ratio of earnings to fixed charges, as defined 2.52 1.90 2.41 2.12 3.25 3.44
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