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Published on 10/2/2006 in the Prospect News Distressed Debt Daily.

Entergy New Orleans posts $3.15 million August operating income

By Caroline Salls

Pittsburgh, Oct. 2 - Entergy New Orleans, Inc. reported a $3.15 million operating income for August on $59.96 million in revenues, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Eastern District of Louisiana.

The figures show improvement over a $2.31 million July operating income on $52.46 million in revenues.

The net income for August was $1.59 million, up from a $1.23 million July net income.

Cash on Aug. 31 was $12.99 million, compared with $31.66 million at the end of July.

Entergy New Orleans provides electric and natural gas service to customers in New Orleans and is the smallest of Entergy Corp.'s five utility companies. Entergy New Orleans filed for Chapter 11 on Sept. 23, 2005. Its case number is 05-17697.


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