Entergy 2011 Annual Report Download - page 88

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NOTE 6. PREFERRED EQUITY
The number of shares and units authorized and outstanding and dollar value of preferred stock, preferred membership interests, and
minority interest for Entergy Corporation subsidiaries as of December 31, 2011 and 2010 are presented below. All series of the Utility
preferred stock are redeemable at the option of the related company (dollars in thousands):
2011 2010 2011 2010 2011 2010
Entergy Corporation
Utility:
Preferred Stock or Preferred Membership Interests without sinking fund:
Entergy Arkansas, 4.32% - 6.45% Series 3,413,500 3,413,500 3,413,500 3,413,500 $ 116,350 $ 116,350
Entergy Gulf States Louisiana, Series A 8.25% 100,000 100,000 100,000 100,000 10,000 10,000
Entergy Louisiana, 6.95% Series(a) 1,000,000 1,000,000 840,000 840,000 84,000 84,000
Entergy Mississippi, 4.36% - 6.25% Series 1,403,807 1,403,807 1,403,807 1,403,807 50,381 50,381
Entergy New Orleans, 4.36% - 5.56% Series 197,798 197,798 197,798 197,798 19,780 19,780
Total Utility Preferred Stock or Preferred Membership Interests
without sinking fund 6,115,105 6,115,105 5,955,105 5,955,105 280,511 280,511
Entergy Wholesale Commodities:
Preferred Stock without sinking fund:
Entergy Asset Management, 8.95% rate(b) 1,000,000 1,000,000 – 305,240 – 29,375
Other – – – – 852
Total Subsidiaries’ Preferred Stock
without sinking fund 7,115,105 7,115,105 5,955,105 6,260,345 $280,511 $310,738
(a) In 2007, Entergy Louisiana Holdings, an Entergy subsidiary, purchased 160,000 of these shares from the holders.
(b) Upon the sale of Class B preferred shares in December 2009, Entergy Asset Management had issued and outstanding Class A and Class B preferred shares.
On December 20, 2011, Entergy Asset Management purchased all of the outstanding Class B preferred shares from the holder thereof; currently, there are
no outstanding Class B preferred shares. On December 20, 2011, Entergy Asset Management purchased all of the outstanding Class A preferred shares
(278,905 shares) that were held by a third party; currently, there are 4,759 shares held by an Entergy affiliate.
Shares/Units Shares/Units
Authorized Outstanding
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS continued
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