MERRILL LYNCH PREFERRED FUNDING III LP - FORM 10-K - EX-12 - EXHIBIT 12 - March 28, 2011

Attached files

file	filename
10-K - FORM 10-K - MERRILL LYNCH PREFERRED FUNDING III LP	c14397e10vk.htm
EX-31.1 - EXHIBIT 31.1 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv31w1.htm
EX-23.2 - EXHIBIT 23.2 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv23w2.htm
EX-32.1 - EXHIBIT 32.1 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv32w1.htm
EX-23.1 - EXHIBIT 23.1 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv23w1.htm
EX-99.1 - EXHIBIT 99.1 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv99w1.htm
EX-99.2 - EXHIBIT 99.2 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv99w2.htm
EX-32.2 - EXHIBIT 32.2 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv32w2.htm
EX-31.2 - EXHIBIT 31.2 - MERRILL LYNCH PREFERRED FUNDING III LP	c14397exv31w2.htm

EXHIBIT 12

MERRILL LYNCH PREFERRED CAPITAL TRUST III
MERRILL LYNCH PREFERRED FUNDING III, L.P.
COMPUTATION OF RATIOS OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERRED SECURITIES DISTRIBUTIONS (UNAUDITED)
(dollars in thousands)


		FOR THE YEAR ENDED								FOR THE YEAR ENDED								FOR THE YEAR ENDED
		December 31, 2010								December 31, 2009								December 26, 2008
		MERRILL LYNCH				MERRILL LYNCH				MERRILL LYNCH				MERRILL LYNCH				MERRILL LYNCH				MERRILL LYNCH
		PREFERRED				PREFERRED				PREFERRED				PREFERRED				PREFERRED				PREFERRED
		CAPITAL TRUST III				FUNDING III, L.P.				CAPITAL TRUST III				FUNDING III, L.P.				CAPITAL TRUST III				FUNDING III, L.P.
Earnings		$	54,124			$	63,055			$	54,124			$	63,068			$	54,124			$	63,244


Fixed charges		$	—			$	—			$	—			$	—			$	—			$	—

Preferred securities distribution requirements			52,500				54,124				52,500				54,124				52,500				54,124

Total combined fixed charges and preferred securities distribution requirements		$	52,500			$	54,124			$	52,500			$	54,124			$	52,500			$	54,124


Ratio of earnings to combined fixed charges and preferred securities distribution requirements			1.03				1.17				1.03				1.17				1.03				1.17