Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - EURONET WORLDWIDE, INC. | c55943e10vk.htm |
| EX-31.2 - EX-31.2 - EURONET WORLDWIDE, INC. | c55943exv31w2.htm |
| EX-21.1 - EX-21.1 - EURONET WORLDWIDE, INC. | c55943exv21w1.htm |
| EX-31.1 - EX-31.1 - EURONET WORLDWIDE, INC. | c55943exv31w1.htm |
| EX-32.2 - EX-32.2 - EURONET WORLDWIDE, INC. | c55943exv32w2.htm |
| EX-32.1 - EX-32.1 - EURONET WORLDWIDE, INC. | c55943exv32w1.htm |
| EX-23.1 - EX-23.1 - EURONET WORLDWIDE, INC. | c55943exv23w1.htm |
| EX-10.20 - EX-10.20 - EURONET WORLDWIDE, INC. | c55943exv10w20.htm |
EXHIBIT 12.1
EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
| Year Ended December 31, | ||||||||||||
| (dollar amounts in thousands) | 2009 | 2008 | 2007 | |||||||||
Pretax income (loss) from continuing operations before adjustment
for income from unconsolidated affiliates |
$ | 55,239 | $ | (201,917 | ) | $ | 69,957 | |||||
Add: |
||||||||||||
Fixed charges |
30,174 | 40,709 | 41,833 | |||||||||
Dividends received |
474 | 222 | 1,760 | |||||||||
Less: |
||||||||||||
Capitalized interest |
— | (189 | ) | (339 | ) | |||||||
Adjusted pretax income (loss) |
$ | 85,887 | $ | (161,175 | ) | $ | 113,211 | |||||
Fixed charges: |
||||||||||||
Interest expense |
$ | 25,716 | $ | 36,351 | $ | 37,597 | ||||||
Estimate of interest within rental expense |
4,458 | 4,169 | 3,897 | |||||||||
Capitalized interest |
— | 189 | 339 | |||||||||
Total fixed charges |
$ | 30,174 | $ | 40,709 | $ | 41,833 | ||||||
Ratio of earnings to fixed charges |
2.8 | (A) | 2.7 | |||||||||
| (A) | Adjusted pretax loss was inadequate to cover fixed charges by $201.9 million in 2008. |