Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - CAPSTEAD MORTGAGE CORP | d69955e10vq.htm |
| EX-32 - EX-32 - CAPSTEAD MORTGAGE CORP | d69955exv32.htm |
| EX-31.2 - EX-31.2 - CAPSTEAD MORTGAGE CORP | d69955exv31w2.htm |
| EX-31.1 - EX-31.1 - CAPSTEAD MORTGAGE CORP | d69955exv31w1.htm |
EXHIBIT 12
CAPSTEAD MORTGAGE CORPORATION
COMPUTATION OF RATIO OF INCOME FROM CONTINUING OPERATIONS (BEFORE
FIXED CHARGES) TO COMBINED FIXED CHARGES AND PREFERRED STOCK
DIVIDENDS
(In thousands, except ratios)
(Unaudited)
COMPUTATION OF RATIO OF INCOME FROM CONTINUING OPERATIONS (BEFORE
FIXED CHARGES) TO COMBINED FIXED CHARGES AND PREFERRED STOCK
DIVIDENDS
(In thousands, except ratios)
(Unaudited)
Computation of ratio of income from continuing operations (before fixed charges) to combined fixed
charges and preferred stock dividends:
| Nine Months | ||||||||||||||||||||||||
| Ended | Year Ended December 31, | |||||||||||||||||||||||
| September 30, | ||||||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||||||
Fixed charges |
$ | 104,945 | $ | 258,453 | $ | 275,648 | $ | 235,521 | $ | 106,909 | $ | 44,939 | ||||||||||||
Preferred stock dividends |
15,180 | 20,251 | 20,256 | 20,256 | 20,256 | 20,259 | ||||||||||||||||||
Combined fixed charges and
preferred stock dividends |
$ | 120,125 | $ | 278,704 | $ | 295,904 | $ | 255,777 | $ | 127,165 | $ | 65,198 | ||||||||||||
Fixed charges |
$ | 104,945 | $ | 258,453 | $ | 275,648 | $ | 235,521 | $ | 106,909 | $ | 44,939 | ||||||||||||
Income from continuing
operations |
126,668 | 125,923 | 24,713 | 3,843 | 17,195 | 39,869 | ||||||||||||||||||
| $ | 231,613 | $ | 384,376 | $ | 300,361 | $ | 239,364 | $ | 124,104 | $ | 84,808 | |||||||||||||
Ratio of income from continuing
operations (before fixed
charges) to combined fixed
charges and preferred
stock dividends |
1.93:1 | 1.38:1 | 1.02:1 | 1.30:1 | ||||||||||||||||||||
Deficiency of income from
continuing operations (before
fixed charges) to combined
fixed charges and preferred
stock dividends |
$ | 16,413 | $ | 3,061 | ||||||||||||||||||||