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

Attached files

file	filename
10-Q - FORM 10-Q - MERRILL LYNCH PREFERRED FUNDING V LP	c23300e10vq.htm
EX-32.1 - EXHIBIT 32.1 - MERRILL LYNCH PREFERRED FUNDING V LP	c23300exv32w1.htm
EX-31.1 - EXHIBIT 31.1 - MERRILL LYNCH PREFERRED FUNDING V LP	c23300exv31w1.htm
EX-31.2 - EXHIBIT 31.2 - MERRILL LYNCH PREFERRED FUNDING V LP	c23300exv31w2.htm
EX-32.2 - EXHIBIT 32.2 - MERRILL LYNCH PREFERRED FUNDING V LP	c23300exv32w2.htm
EXCEL - IDEA: XBRL DOCUMENT - MERRILL LYNCH PREFERRED FUNDING V LP	Financial_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
		September 30, 2011								September 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		$	15,949			$	18,582			$	15,949			$	18,579


Fixed charges		$	—			$	—			$	—			$	—

Preferred securities distribution requirements			15,470				15,949				15,470				15,949


Total combined fixed charges and preferred securities distribution requirements		$	15,470			$	15,949			$	15,470			$	15,949


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 V				FUNDING V, L.P.				CAPITAL TRUST V				FUNDING V, L.P.

Earnings		$	47,846			$	55,746			$	47,846			$	55,740


Fixed charges		$	—			$	—			$	—			$	—

Preferred securities distribution requirements			46,410				47,846				46,410				47,846


Total combined fixed charges and preferred securities distribution requirements		$	46,410			$	47,846			$	46,410			$	47,846


Ratio of earnings to combined fixed charges and preferred securities distribution requirements			1.03				1.17				1.03				1.16