Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Federal Home Loan Bank of Boston | a2197398z10-k.htm |
| EX-31.1 - EXHIBIT 31.1 - Federal Home Loan Bank of Boston | a2197398zex-31_1.htm |
| EX-31.2 - EXHIBIT 31.2 - Federal Home Loan Bank of Boston | a2197398zex-31_2.htm |
| EX-32.1 - EXHIBIT 32.1 - Federal Home Loan Bank of Boston | a2197398zex-32_1.htm |
| EX-32.2 - EXHIBIT 32.2 - Federal Home Loan Bank of Boston | a2197398zex-32_2.htm |
| EX-10.7.4 - EXHIBIT 10.7.4 - Federal Home Loan Bank of Boston | a2197398zex-10_74.htm |
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Federal Home Loan Bank of Boston
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands)
| |
For the Year Ended December 31, | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| |
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||
Earnings |
||||||||||||||||
(Loss) income before assessments |
$ | (186,751 | ) | $ | (115,826 | ) | $ | 269,974 | $ | 266,587 | $ | 177,187 | ||||
Fixed charges |
837,565 | 2,388,774 | 3,054,628 | 2,664,852 | 1,608,814 | |||||||||||
Income before assessments and fixed charges |
650,814 | 2,272,948 | 3,324,602 | 2,931,439 | 1,786,001 | |||||||||||
Fixed Charges |
||||||||||||||||
Interest expense |
836,262 | 2,387,497 | 3,053,401 | 2,663,585 | 1,607,602 | |||||||||||
1/3 of net rent expense(1) |
1,303 | 1,277 | 1,227 | 1,267 | 1,212 | |||||||||||
Total fixed charges |
$ | 837,565 | $ | 2,388,774 | $ | 3,054,628 | $ | 2,664,852 | $ | 1,608,814 | ||||||
Ratio of earnings to fixed charges |
0.78 | 0.95 | 1.09 | 1.10 | 1.11 | |||||||||||
- (1)
- Represents an estimated interest factor.
Federal Home Loan Bank of Boston Computation of Ratio of Earnings to Fixed Charges (dollars in thousands)