EX-12.D 7 exhibit12dq2.htm EXHIBIT

Exhibit 12(d) |
Entergy Mississippi, Inc.
Computation of Ratios of Earnings to Fixed Charges and
Ratios of Earnings to Combined Fixed Charges and Preferred Dividends
| 2009 | 2010 | 2011 | 2012 | 2013 | 2014
Fixed charges, as defined: |  |  |  |  |  |
Total Interest | $ | 51,282 |  | $ | 55,774 |  | $ | 52,273 |  | $ | 57,345 |  | $ | 59,031 |  | $ | 57,687 |
Interest applicable to rentals | 1,959 |  | 1,921 |  | 1,731 |  | 1,637 |  | 1,148 |  | 1,342 |
Total fixed charges, as defined | 53,241 |  | 57,695 |  | 54,004 |  | 58,982 |  | 60,179 |  | 59,029 |
Preferred dividends, as defined (a) | 4,370 |  | 3,435 |  | 4,580 |  | 4,580 |  | 4,580 |  | 4,580 |
Combined fixed charges and preferred dividends, as defined | $ | 57,611 |  | $ | 61,130 |  | $ | 58,584 |  | $ | 63,562 |  | $ | 64,759 |  | $ | 63,609 |
Earnings as defined: |  |  |  |  |  |
Net Income | $ | 79,367 |  | $ | 85,377 |  | $ | 108,729 |  | $ | 46,768 |  | $ | 82,159 |  | $ | 101,674 |
Add: |  |  |  |  |  |
Provision for income taxes: |  |  |  |  |  |
Total income taxes | 43,395 |  | 50,111 |  | 28,801 |  | 58,679 |  | 49,757 |  | 62,687 |
Fixed charges as above | 53,241 |  | 57,695 |  | 54,004 |  | 58,982 |  | 60,179 |  | 59,029 |
Total earnings, as defined | $ | 176,003 |  | $ | 193,183 |  | $ | 191,534 |  | $ | 164,429 |  | $ | 192,095 |  | $ | 223,390 |
Ratio of earnings to fixed charges, as defined | 3.31 |  | 3.35 |  | 3.55 |  | 2.79 |  | 3.19 |  | 3.78 |
Ratio of earnings to combined fixed charges and |  |  |  |  |  |
preferred dividends, as defined | 3.06 |  | 3.16 |  | 3.27 |  | 2.59 |  | 2.97 |  | 3.51 |
_______________ |  |  |  |  |  |
(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.