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EX-23 - EXHIBIT 23 - NET 1 UEPS TECHNOLOGIES INCexhibit23.htm
EX-32 - EXHIBIT 32 - NET 1 UEPS TECHNOLOGIES INCexhibit32.htm
EX-21 - EXHIBIT 21 - NET 1 UEPS TECHNOLOGIES INCexhibit21.htm
EX-31.2 - EXHIBIT 31.2 - NET 1 UEPS TECHNOLOGIES INCexhibit31-2.htm
EX-31.1 - EXHIBIT 31.1 - NET 1 UEPS TECHNOLOGIES INCexhibit31-1.htm
10-K - FORM 10-K - NET 1 UEPS TECHNOLOGIES INCform10k.htm

EXHIBIT 12

Statement regarding computation of ratio of earnings to fixed charges

    Year ended June 30,  
    2015     2014     2013     2012     2011  
    (in thousands, except for ratio of earnings to fixed charges)  
                               
Fixed charges                              
Interest expensed and capitalized $ 4,456   $ 7,473   $ 7,966   $ 9,345   $ 8,672  
Amortized premiums, discounts and
capitalized expenses related to indebtedness
Estimate of the interest within rental
expense
  650     709     1,430     - 678     - 628  
Preference security dividend requirements
of consolidated subsidiaries
  -     -     -     -     -  
                               
   Fixed charges   5,106     8,182     9,396     10,023     9,300  
                               
Earnings                              
Add   145,524     117,324     36,675     70,404     45,710  
Pretax income from continuing operations
before adjustment for non-controlling
interests in consolidated subsidiaries or
income or loss from equity investees
  140,418     109,142     27,279     60,381     36,410  
Fixed charges   5,106     8,182     9,396     10,023     9,300  
Amortization of capitalized interest   -     -     -     -     -  
Distributed income of equity investees   -     -     -     -     -  
Your share of pre-tax losses of equity
investees for which charges arising from
guarantees are included in fixed charges
  -     -     -     -     -  
                               
Less   328     -     -     -        
Interest capitalized                     -     -  
Preference security dividend requirements
of consolidated subsidiaries
              -     -  
Non-controlling interest in pre-tax income
of subsidiaries that have not incurred fixed
charges
  328             -     -  
                               
   Earnings $ 145,196   $ 117,324   $ 36,675   $ 70,404   $ 45,710  
                               
Ratio of earnings to fixed charges   28.44     14.34     3.90     7.02     4.92