SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 11-K (Amendment No. 1)
(Mark One)
[X] ANNUAL REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 [FEE REQUIRED]
For the Fiscal Year Ended December 31, 1995
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
Commission File Number 000-20371
GULF STATES UTILITIES COMPANY EMPLOYEE STOCK OWNERSHIP PLAN
(Full title of the plan)
ENTERGY CORPORATION
639 Loyola
New Orleans, Louisiana 70113
(Issuer and address of principal executive office)
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Amendment No. 1 to the Gulf States Utilities Company Employee
Stock Ownership Plan Form 11-K for year ended December 31, 1995 is
made to amend the Report of Independent Accountants in its
entirety.
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REPORT OF INDEPENDENT ACCOUNTANTS
To the Trustee and Participants of the Savings Plan of the Gulf
State Utilities Company Employee Stock Ownership Plan:
We have audited the accompanying statements of net assets available
for benefits of Gulf States Utilities Company Employee Stock
Ownership Plan (the Plan) as of December 31, 1995 and 1994, and the
related statements of changes in net assets available for benefits
for the years then ended. These financial statements are the
responsibility of the Plan's management. Our responsibility is to
express an opinion on these financial statements based on our
audits.
We conducted our audits in accordance with generally accepted
auditing standards. Those standards require that we plan and
perform the audit to obtain reasonable assurance about whether the
financial statements are free of material misstatement. An audit
includes examining, on a test basis, evidence supporting the
amounts and disclosures in the financial statements. An audit also
includes assessing the accounting principles used and significant
estimates made by management, as well as evaluating the overall
financial statement presentation. We believe that our audits
provide a reasonable basis for our opinion.
In our opinion, the financial statements referred to above present
fairly, in all material respects, the net assets available for
benefits of the Plan as of December 31, 1995 and 1994, and the
changes in net assets available for benefits for the years then
ended in conformity with generally accepted accounting principles.
Our audits were performed for the purpose of forming an opinion on
the basic financial statements taken as a whole. The supplemental
schedules listed in the table of contents on page 2 are presented
for the purpose of additional analysis and are not a required part
of the basic financial statements but are supplementary information
required by the Department of Labor's Rules and Regulations for
Reporting and Disclosure under the Employee Retirement Income
Security Act of 1974. The supplemental schedules and Fund
Information have been subjected to the auditing procedures applied
in the audits of the basic financial statements and, in our
opinion, are fairly stated in all material respects in relation to
the basic financial statements taken as a whole.
/s/Coopers & Lybrand LLP
New Orleans, Louisiana
June 19, 1996
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SIGNATURE
The Plan. Pursuant to the requirements of the Securities and
Exchange Act of 1934, the Employee Benefits Committee has duly
caused this annual report to be signed on its behalf by the
undersigned hereunto duly authorized.
GULF STATES UTILITIES COMPANY
EMPLOYEE STOCK OWNERSHIP PLAN
By:/s/ William O. VanAs
William O. VanAs
Director of
Employee Benefits
Date: June 20, 1996
