Exhibit 12(c)
Entergy Louisiana, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
1992 1993 1994 1995 1996 1997
Fixed charges, as defined:
Total Interest 141,513 136,957 136,444 136,901 132,412 128,900
Interest applicable to rentals 9,363 8,519 8,332 9,332 10,601 9,203
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Total fixed charges, as defined 150,876 145,476 144,776 146,233 143,013 138,103
Preferred dividends, as defined (a) 42,026 40,779 29,171 32,847 28,234 22,103
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Combined fixed charges and preferred dividends, as defined $192,902 $186,255 $173,947 $179,080 $171,247 $160,206
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Earnings as defined:
Net Income $182,989 $188,808 $213,839 $201,537 $190,762 $141,757
Add:
Provision for income taxes:
Total Taxes 87,037 110,813 63,288 117,114 118,559 98,965
Fixed charges as above 150,876 145,476 144,776 146,233 143,013 138,103
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Total earnings, as defined $420,902 $445,097 $421,903 $464,884 $452,334 $378,825
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Ratio of earnings to fixed charges, as defined 2.79 3.06 2.91 3.18 3.16 2.74
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Ratio of earnings to combined fixed charges and
preferred dividends, as defined 2.18 2.39 2.43 2.60 2.64 2.36
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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.