Attached files
file | filename |
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10-K - 10-K - DST SYSTEMS INC | a2196877z10-k.htm |
EX-32 - EXHIBIT 32 - DST SYSTEMS INC | a2196877zex-32.htm |
EX-3.1 - EXHIBIT 3.1 - DST SYSTEMS INC | a2196877zex-3_1.htm |
EX-99.1 - EXHIBIT 99.1 - DST SYSTEMS INC | a2196877zex-99_1.htm |
EX-31.2 - EXHIBIT 31.2 - DST SYSTEMS INC | a2196877zex-31_2.htm |
EX-10.4 - EXHIBIT 10.4 - DST SYSTEMS INC | a2196877zex-10_4.htm |
EX-10.3 - EXHIBIT 10.3 - DST SYSTEMS INC | a2196877zex-10_3.htm |
EX-10.1 - EXHIBIT 10.1 - DST SYSTEMS INC | a2196877zex-10_1.htm |
EX-31.1 - EXHIBIT 31.1 - DST SYSTEMS INC | a2196877zex-31_1.htm |
EX-10.2 - EXHIBIT 10.2 - DST SYSTEMS INC | a2196877zex-10_2.htm |
EX-21.1 - EXHIBIT 21.1 - DST SYSTEMS INC | a2196877zex-21_1.htm |
EX-23.1 - EXHIBIT 23.1 - DST SYSTEMS INC | a2196877zex-23_1.htm |
Exhibit 12.1
DST Systems, Inc.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
|
|
2009 |
|
2008 |
|
2007 |
|
2006 |
|
2005 |
|
|||||
Pretax income from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees |
|
$ |
316,782 |
|
$ |
275,333 |
|
$ |
1,326,644 |
|
$ |
268,517 |
|
$ |
643,937 |
|
|
|
|
|
|
|
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Add: |
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|
|
|
|
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Fixed Charges |
|
52,816 |
|
68,103 |
|
77,480 |
|
158,256 |
|
104,331 |
|
|||||
|
|
|
|
|
|
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Amortization of capitalized interest |
|
56 |
|
55 |
|
126 |
|
120 |
|
139 |
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|
|
|
|
|
|
|
|
|
|
|
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Distributed earnings of equity investees |
|
29,606 |
|
651 |
|
565 |
|
36,035 |
|
684 |
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|||||
|
|
|
|
|
|
|
|
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Subtract: |
|
|
|
|
|
|
|
|
|
|
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Capitalized Interest |
|
|
|
(86 |
) |
(3 |
) |
(87 |
) |
(28 |
) |
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|
|
|
|
|
|
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|
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Pretax income as adjusted |
|
$ |
399,260 |
|
$ |
344,056 |
|
$ |
1,404,812 |
|
$ |
462,841 |
|
$ |
749,063 |
|
|
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Fixed charges: |
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Interest expense |
|
$ |
42,175 |
|
$ |
55,408 |
|
$ |
60,259 |
|
$ |
139,600 |
|
$ |
80,900 |
|
Interest capitalized |
|
|
|
86 |
|
3 |
|
87 |
|
28 |
|
|||||
|
|
42,175 |
|
55,494 |
|
60,262 |
|
139,687 |
|
80,928 |
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Portion of rents representative of an appropriate interest factor |
|
10,641 |
|
12,609 |
|
17,218 |
|
18,570 |
|
23,403 |
|
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Total fixed charges |
|
$ |
52,816 |
|
$ |
68,103 |
|
$ |
77,480 |
|
$ |
158,257 |
|
$ |
104,331 |
|
|
|
|
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|
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Ratio of earnings to fixed charges |
|
7.6 |
|
5.1 |
|
18.1 |
|
2.9 |
|
7.2 |
|