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Exhibit 12(b) |
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| Entergy Gulf States, Inc. | |||||
| Computation of Ratios of Earnings to Fixed Charges and | |||||
| Ratios of Earnings to Combined Fixed Charges and Preferred Dividends | |||||
| 2001 | 2002 | 2003 | 2004 | 2005 | |
| Fixed charges, as defined: | |||||
| Total Interest charges | $174,368 | $144,840 | $157,343 | $133,598 | $126,788 |
| Interest applicable to rentals | 18,520 | 16,483 | 16,694 | 13,707 | 8,832 |
| Total fixed charges, as defined | 192,888 | 161,323 | 174,037 | 147,305 | 135,620 |
| Preferred dividends, as defined (a) | 13,017 | 6,190 | 6,485 | 6,991 | 6,444 |
| Combined fixed charges and preferred dividends, as defined | $205,905 | $167,513 | $180,522 | $154,296 | $142,064 |
| Earnings as defined: | |||||
| Income (loss) from continuing operations before extraordinary items and | |||||
| the cumulative effect of accounting changes | $179,444 | $174,078 | $63,895 | $192,264 | $206,497 |
| Add: | |||||
| Income Taxes | 82,038 | 65,997 | 24,249 | 108,288 | 110,270 |
| Fixed charges as above | 192,888 | 161,323 | 174,037 | 147,305 | 135,620 |
| Total earnings, as defined (b) | $454,370 | $401,398 | $262,181 | $447,857 | $452,387 |
| Ratio of earnings to fixed charges, as defined | 2.36 | 2.49 | 1.51 | 3.04 | 3.34 |
| Ratio of earnings to combined fixed charges and | |||||
| preferred dividends, as defined | 2.21 | 2.40 | 1.45 | 2.90 | 3.18 |
| (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. | |||||