Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Western Union CO | d72184e10vq.htm |
| EX-15 - EX-15 - Western Union CO | d72184exv15.htm |
| EX-32 - EX-32 - Western Union CO | d72184exv32.htm |
| EX-10.3 - EX-10.3 - Western Union CO | d72184exv10w3.htm |
| EX-10.2 - EX-10.2 - Western Union CO | d72184exv10w2.htm |
| EX-10.1 - EX-10.1 - Western Union CO | d72184exv10w1.htm |
| EX-31.2 - EX-31.2 - Western Union CO | d72184exv31w2.htm |
| EX-10.5 - EX-10.5 - Western Union CO | d72184exv10w5.htm |
| EX-10.4 - EX-10.4 - Western Union CO | d72184exv10w4.htm |
| EX-31.1 - EX-31.1 - Western Union CO | d72184exv31w1.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Western Union CO | Financial_Report.xls |
Exhibit 12
THE WESTERN UNION COMPANY
COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
| Three Months Ended | ||||||||
| March 31, | ||||||||
| 2010 | 2009 | |||||||
Earnings: |
||||||||
Income before income taxes |
$ | 276.0 | $ | 305.2 | ||||
Fixed charges |
41.3 | 43.9 | ||||||
Other adjustments |
(1.4 | ) | (2.7 | ) | ||||
Total earnings (a) |
$ | 315.9 | $ | 346.4 | ||||
Fixed charges: |
||||||||
Interest expense |
$ | 38.8 | $ | 40.0 | ||||
Other adjustments |
2.5 | 3.9 | ||||||
Total fixed charges (b) |
$ | 41.3 | $ | 43.9 | ||||
Ratio of earnings to fixed charges (a/b) |
7.6 | 7.9 | ||||||
For purposes of calculating the ratio of earnings to fixed charges, earnings have been
calculated by adding income before income taxes, fixed charges and distributions from equity method
investments, and then subtracting income from equity method investments. Fixed charges consist of
interest expense and an estimated interest portion of rental expenses and income tax contingencies.