JONES LANG LASALLE INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

file	filename
10-K - FORM 10-K - JONES LANG LASALLE INC	d10k.htm
EX-3.3 - AMENDED AND RESTATED BYLAWS OF THE REGISTRANT, EFFECTIVE APRIL 15, 2009 - JONES LANG LASALLE INC	dex33.htm
EX-21.1 - LIST OF SUBSIDIARIES - JONES LANG LASALLE INC	dex211.htm
EX-31.2 - CERTIFICATION OF CFO PURSUANT TO SECTION 302 - JONES LANG LASALLE INC	dex312.htm
EX-32.1 - CERTIFICATION OF CEO AND CFO PURSUANT TO SECTION 1350 - JONES LANG LASALLE INC	dex321.htm
EX-31.1 - CERTIFICATION OF CEO PURSUANT TO SECTION 302 - JONES LANG LASALLE INC	dex311.htm
EX-10.31 - RESTATED STOCK OWNERSHIP PROGRAM, EFFECTIVE AS OF JANUARY 1, 2010 - JONES LANG LASALLE INC	dex1031.htm
EX-10.18 - AMENDED AND RESTATED SEVERANCE PAY PLAN EFFECTIVE APRIL 15, 2009 - JONES LANG LASALLE INC	dex1018.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - JONES LANG LASALLE INC	dex231.htm

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges


	Year Ended December 31,
	2009		2008	2007		2006		2005

Earnings:
Net (loss) income	(3,595	)	84,883	257,832		176,401		103,672
Taxes	5,677		28,743	87,595		63,825		36,236
Equity in losses (earnings) from real estate ventures	58,867		5,462	(12,216	)	(9,221	)	(12,156	)
Operating distributions from real estate ventures	157		1,064	11,560		17,501		10,427
Fixed charges	88,598		68,908	47,103		40,104		24,318

Total Earnings	149,704		189,060	391,874		288,610		162,497


Fixed Charges:
Interest expense	52,005		31,933	17,783		16,374		4,358
Applicable portion of rent expense (1)	36,593		36,975	29,320		23,730		19,960

Total Fixed Charges	88,598		68,908	47,103		40,104		24,318


Ratio of Earnings to Fixed Charges	1.69		2.74	8.32		7.20		6.68

1. Represents one-third of rent expense, which we believe approximates the portion of rent expense that relates to interest.

JONES LANG LASALLE INC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - February 26, 2010