Slide 1: Third Quarter 2005 Earnings Teleconference
Entergy Third Quarter 2005 Earnings Teleconference J. Wayne Leonard Chief Executive Officer Leo Denault Executive Vice President and Chief Financial Officer a November 12005 = Entergy
Slide 2: Safe Harbor and Reg G Compliance
Safe Harbor and Reg G Compliance Inhis presentation and fom tne to tine, Entergy makes statements conceming ts expectations, bel, plac, objectives, gal, ‘raigies, and tue everts or perfrmance. Such statements are “orvardlocling satemants"witin the maaniy ofthe Pte Scourles Lntgaton ‘Return Act of 18
Slide 3: Earnings Comparison: As Reported and Operational
4 Quarter A: orted and Operational Earnings Comparison Earnings Per Share 3Q04 vs. 3Q05 51.65 51.65 $1.22 $1.39 ; util ¥ ¥ Par oth Li ue el Fy $0.00 == R005) = 50.03) il 3004 3Q04 3005 3005 As Reported Operational As Reported Operational Special tems Special tems Entergy-Ko! ing $0.21) None Gulf Sou
Slide 4: 3rd Quarter Earnings: Utility, Parent & Other
3'¢ Quarter Earnings Contribution by Business Utility, Parent & Other EPS 3Q04 vs. 305 11s want 3a04 3005 Performance Drivers © Warmer weather © Lower O&M expense, resulting from resources being dedicated to storm restoration wark © Proceeds fram settlement on low-level waste disposal services, © Ac
Slide 5: 3rd Quarter Earnings: Entergy Nuclear and Energy Commodity Services
3'¢ Quarter Earnings Contribution by Business Entergy Nuclear EPS Energy Commodity Services EPS 3Q04vg. 3005 3Q04 vg. 3005 ox oz om 33 0.00 03) (0.17 304 3005 3a04 3005 Performance Drivers Performance Drivers © Higher generation due to uprates © Higher operating costs and fewer outages © Less genera
Slide 6: Net Cash Flow
Net Cash Flow Net Gash Flow from Operating Activities 3Q04.vs. 3005; 5M 768 334 3004 3005 “Lower revenue and cash collected due to customer outages: +Storm restoration costs “Changes in deferred fuel recetvablex due to higher natural gas prices Operating Ac’ Net Gash Flow from Operating Activities ‘
Slide 7: Share Repurchase Program
are Repurchase Program Shares Repurchased 04-05; Millions 16,62 2Price of $8tishore §.Ge2avaprice of seaichare B.Ge2avgprice of $72:share 3.1 2vaprce of ‘$7esare Fyo4 1905 2Q05 3005 Shares Outstanding 3Q02-308; Millions 3008 Shares Gutstancing; Milions cd Ending basio 207 ferage basic 208, ‘Average
Slide 8: Q&A Session
Q&A Session Entergy
Slide 9: Appendix: Reg G Reconciliation
Appendix: Reg G Reconciliation EPS Contribution by Business Reconciliation of GAAPto Non-GAAP Measures ‘Third Quarter 2005. 2004 (Per share in U.S. $) Ustity, Parent & Ofer ‘As-Reported Less Special tems Operational Enteny Nudes ‘As-Repotted Less Special tems Operational Non-ructes Wholesate Assets