| Exhibit 12(g) | ||||||
| System Energy Resources, Inc. | ||||||
| Computation of Ratios of Earnings to Fixed Charges | ||||||
| Twelve Months Ended | ||||||
| December 31, | June 30, | |||||
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | |
| Fixed charges, as defined: | ||||||
| Total Interest | $64,620 | $58,928 | $60,424 | $59,931 | $57,117 | $56,739 |
| Interest applicable to rentals | 3,793 | 3,426 | 3,039 | 3,914 | 4,463 | 4,711 |
| Total fixed charges, as defined | $68,413 | $62,354 | $63,463 | $63,845 | $61,580 | $61,450 |
| Earnings as defined: | ||||||
| Net Income | $106,003 | $105,948 | $111,644 | $140,258 | $136,081 | $125,512 |
| Add: | ||||||
| Provision for income taxes: | ||||||
| Total | 75,845 | 78,013 | 69,343 | 54,529 | 45,447 | 38,050 |
| Fixed charges as above | 68,413 | 62,354 | 63,463 | 63,845 | 61,580 | 61,450 |
| Total earnings, as defined | $250,261 | $246,315 | $244,450 | $258,632 | $243,108 | $225,012 |
| Ratio of earnings to fixed charges, as defined | 3.66 | 3.95 | 3.85 | 4.05 | 3.95 | 3.66 |