UNITED STATES OF AMERICA
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Application of Entergy Corp.
File No. 70-9049
CERTIFICATE PURSUANT TO
RULE 24 UNDER THE PUBLIC
UTILITY HOLDING COMPANY
ACT OF 1935
Pursuant to the requirements of Rule 24 under the Public
Utility Holding Company Act of 1935, as amended ("PUHCA"),
Entergy Corporation ("Entergy"), a registered holding
company, hereby files this quarterly report as required by
the Securities and Exchange Commission's order authorizing
the use of proceeds of financing transactions for investment
in Exempt Wholesale Generators and Foreign Utility Companies
(together "Projects"). See HCAR 35-27184, June 13, 2000,
File No. 70-9049 ("Order").
For the second quarter ended June 30, 2000, the following
information is reported pursuant to the Order.
1) A computation in accordance with Rule 53(a), as
modified by the Order, of Entergy's aggregate investment in
Projects:
As of June 30, 2000, Entergy's aggregate investment in
Projects was approximately $1.047 billion, or 36.6% of
Entergy's consolidated retained earnings of approximately
$2.859 billion.
2) Entergy's aggregate investment in Projects as a
percentage of the following:
As of June 30, 2000
Total capitalization 5.8%
Net utility plant 5.8%
Total consolidated assets 3.8%
Market value of common equity 15.3%
and retained earnings
3) Consolidated capitalization ratios of Entergy as of the
end of June 30, 2000, with consolidated debt including all
short-term debt and non-recourse debt of the Projects:
In Thousands %
Common shareholders' equity $6,938,437 43.6
Preferred stock 620,611 3.9
Long-term and short-term debt 8,361,766 52.5
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$15,920,814 100.0
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4) At June 30, 2000, Entergy's common stock market-to-book
ratio was 88%.
The information concerning growth in retained earnings, net
income and revenues of Entergy's Projects contained in
paragraphs 5 and 6 is submitted pursuant to a request for
confidential treatment under rule 104(b) of PUHCA.
In witness whereof, the undersigned company has caused this
certificate to be executed on this 28th day of August 2000.
ENTERGY CORPORATION
By: /s/ Nathan E. Langston
Nathan E. Langston
Vice President and Chief Accounting Officer
