Attached files
| file | filename |
|---|---|
| 10-K - 10-K - KKR Financial Holdings LLC | a2196605z10-k.htm |
| EX-32 - EXHIBIT 32 - KKR Financial Holdings LLC | a2196605zex-32.htm |
| EX-3.2 - EXHIBIT 3.2 - KKR Financial Holdings LLC | a2196605zex-3_2.htm |
| EX-31.2 - EXHIBIT 31.2 - KKR Financial Holdings LLC | a2196605zex-31_2.htm |
| EX-21.1 - EXHIBIT 21.1 - KKR Financial Holdings LLC | a2196605zex-21_1.htm |
| EX-23.1 - EXHIBIT 23.1 - KKR Financial Holdings LLC | a2196605zex-23_1.htm |
| EX-31.1 - EXHIBIT 31.1 - KKR Financial Holdings LLC | a2196605zex-31_1.htm |
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Computation of Ratios of Earnings to Fixed Charges
(amounts in thousands)
| |
Year ended December 31, 2009 |
Year ended December 31, 2008* |
Year ended December 31, 2007* |
Year ended December 31, 2006* |
Year ended December 31, 2005* |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Earnings (loss): |
||||||||||||||||
Income (loss) before equity in income of unconsolidated affiliate and income tax expense |
$ | 77,220 | $ | (1,077,601 | ) | $ | 205,000 | $ | 120,868 | $ | 69,777 | |||||
Add: Fixed charges from below |
289,374 | 564,614 | 617,504 | 430,384 | 107,792 | |||||||||||
Total earnings (loss) before equity in income of unconsolidated affiliate, income tax expense and fixed charges |
$ | 366,594 | $ | (512,987 | ) | $ | 822,504 | $ | 551,252 | $ | 177,569 | |||||
Fixed charges: |
||||||||||||||||
Interest expense |
$ | 289,374 | $ | 564,614 | $ | 617,504 | $ | 430,384 | $ | 107,792 | ||||||
Total fixed charges |
$ | 289,374 | $ | 564,614 | $ | 617,504 | $ | 430,384 | $ | 107,792 | ||||||
Ratio of earnings to fixed charges |
1.3x | ** | 1.3x | 1.3x | 1.6x |
|||||||||||
- *
- Certain
prior period information has been reclassified to conform to the current year's presentation.
- **
- Losses exceeded fixed charges by approximately $513.0 million for the year ended December 31, 2008. The coverage deficiency for total fixed charges for the year ended December 31, 2008 was $1,077.6 million to arrive at a one-to-one ratio.