MERRILL LYNCH PREFERRED FUNDING IV LP - FORM 10-Q - EX-12 - EXHIBIT 12 - November 10, 2011

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EXCEL - IDEA: XBRL DOCUMENT - MERRILL LYNCH PREFERRED FUNDING IV LPFinancial_Report.xls
10-Q - FORM 10-Q - MERRILL LYNCH PREFERRED FUNDING IV LPc23299e10vq.htm
EX-31.1 - EXHIBIT 31.1 - MERRILL LYNCH PREFERRED FUNDING IV LPc23299exv31w1.htm
EX-32.1 - EXHIBIT 32.1 - MERRILL LYNCH PREFERRED FUNDING IV LPc23299exv32w1.htm
EX-31.2 - EXHIBIT 31.2 - MERRILL LYNCH PREFERRED FUNDING IV LPc23299exv31w2.htm
EX-32.2 - EXHIBIT 32.2 - MERRILL LYNCH PREFERRED FUNDING IV LPc23299exv32w2.htm
EXHIBIT 12
MERRILL LYNCH PREFERRED CAPITAL TRUST IV
MERRILL LYNCH PREFERRED FUNDING IV, 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  
    September 30, 2011     September 30, 2010  
    MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH  
    PREFERRED     PREFERRED     PREFERRED     PREFERRED  
    CAPITAL TRUST IV     FUNDING IV, L.P.     CAPITAL TRUST IV     FUNDING IV, L.P.  
 
                                
Earnings
   $ 7,341     $ 8,553     $ 7,341     $ 8,551  
 
                        
 
                                
Fixed charges
   $ —     $ —     $ —     $ —  
 
                                
Preferred securities distribution requirements
     7,120       7,340       7,120       7,340  
 
                        
 
                                
Total combined fixed charges and preferred securities distribution requirements
   $ 7,120     $ 7,340     $ 7,120     $ 7,340  
 
                        
 
                                
Ratio of earnings to combined fixed charges and preferred securities distribution requirements
     1.03       1.17       1.03       1.16  
                                 
    FOR THE NINE MONTHS ENDED     FOR THE NINE MONTHS ENDED  
    September 30, 2011     September 30, 2010  
    MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH  
    PREFERRED     PREFERRED     PREFERRED     PREFERRED  
    CAPITAL TRUST IV     FUNDING IV, L.P.     CAPITAL TRUST IV     FUNDING IV, L.P.  
 
                                
Earnings
   $ 22,021     $ 25,657     $ 22,021     $ 25,654  
 
                        
 
                                
Fixed charges
   $ —     $ —     $ —     $ —  
 
                                
Preferred securities distribution requirements
     21,360       22,020       21,360       22,020  
 
                        
 
                                
Total combined fixed charges and preferred securities distribution requirements
   $ 21,360     $ 22,020     $ 21,360     $ 22,020  
 
                        
 
                                
Ratio of earnings to combined fixed charges and preferred securities distribution requirements
     1.03       1.17       1.03       1.17  

 

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