13 pages, 10 figures, full version of the paper accepted in WG 2019The parameterized complexity of counting minimum cuts stands as a natural question because Ball and Provan showed its #P-completeness. For any undirected graph $G=(V,E)$ and two disjoint sets of its vertices $S,T$, we design a fixed-parameter tractable algorithm which counts minimum edge $(S,T)$-cuts parameterized by their size $p$. Our algorithm operates on a transformed graph instance. This transformation, called drainage, reveals a collection of at most $n=\left| V \right|$ successive minimum $(S,T)$-cuts $Z_i$. We prove that any minimum $(S,T)$-cut $X$ contains edges of at least one cut $Z_i$. This observation, together with Menger's theorem, allows us to build the algor...