MERRILL LYNCH PREFERRED FUNDING V LP - FORM 10-Q - EX-12 - EXHIBIT 12 - August 12, 2011

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10-Q - FORM 10-Q - MERRILL LYNCH PREFERRED FUNDING V LPc20543e10vq.htm
EX-99.1 - EXHIBIT 99.1 - MERRILL LYNCH PREFERRED FUNDING V LPc20543exv99w1.htm
EX-31.2 - EXHIBIT 31.2 - MERRILL LYNCH PREFERRED FUNDING V LPc20543exv31w2.htm
EX-32.1 - EXHIBIT 32.1 - MERRILL LYNCH PREFERRED FUNDING V LPc20543exv32w1.htm
EX-32.2 - EXHIBIT 32.2 - MERRILL LYNCH PREFERRED FUNDING V LPc20543exv32w2.htm
EX-31.1 - EXHIBIT 31.1 - MERRILL LYNCH PREFERRED FUNDING V LPc20543exv31w1.htm
EXCEL - IDEA: XBRL DOCUMENT - MERRILL LYNCH PREFERRED FUNDING V LPFinancial_Report.xls
EXHIBIT 12
MERRILL LYNCH PREFERRED CAPITAL TRUST V
MERRILL LYNCH PREFERRED FUNDING V, L.P.
COMPUTATION OF RATIOS OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERRED SECURITIES DISTRIBUTIONS (UNAUDITED)
(dollars in thousands)
                                 
    FOR THE THREE MONTHS ENDED     FOR THE THREE MONTHS ENDED  
    June 30, 2011     June 30, 2010  
    MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH  
    PREFERRED     PREFERRED     PREFERRED     PREFERRED  
    CAPITAL TRUST V     FUNDING V, L.P.     CAPITAL TRUST V     FUNDING V, L.P.  
 
                                
Earnings
   $ 15,948     $ 18,582     $ 15,948     $ 18,579  
 
                        
 
                                
Fixed charges
   $ —     $ —     $ —     $ —  
 
                                
Preferred securities distribution requirements
     15,470       15,948       15,470       15,948  
 
                        
 
                                
Total combined fixed charges and preferred securities distribution requirements
   $ 15,470     $ 15,948     $ 15,470     $ 15,948  
 
                        
 
                                
Ratio of earnings to combined fixed charges and preferred securities distribution requirements
     1.03       1.17       1.03       1.16  
 
                                
    FOR THE SIX MONTHS ENDED     FOR THE SIX MONTHS ENDED  
    June 30, 2011     June 30, 2010  
    MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH  
    PREFERRED     PREFERRED     PREFERRED     PREFERRED  
    CAPITAL TRUST V     FUNDING V, L.P.     CAPITAL TRUST V     FUNDING V, L.P.  
 
                                
Earnings
   $ 31,897     $ 37,164     $ 31,897     $ 37,161  
 
                        
 
                                
Fixed charges
   $ —     $ —     $ —     $ —  
 
                                
Preferred securities distribution requirements
     30,940       31,897       30,940       31,897  
 
                        
 
                                
Total combined fixed charges and preferred securities distribution requirements
   $ 30,940     $ 31,897     $ 30,940     $ 31,897  
 
                        
 
                                
Ratio of earnings to combined fixed charges and preferred securities distribution requirements
     1.03       1.17       1.03       1.17  

 

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