Attached files
file | filename |
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10-Q - 10-Q - AMERICAN FINANCIAL GROUP INC | afg-201693010q.htm |
EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INC | afg-2016930xex32.htm |
EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INC | afg-2016930xex31c.htm |
EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INC | afg-2016930xex31b.htm |
EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INC | afg-2016930xex31a.htm |
Exhibit 12
AMERCIAN FINANCIAL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Nine months ended September 30, 2016 | Year ended December 31, 2015 | |||||||
Earnings before income taxes | $ | 470 | $ | 565 | ||||
Undistributed equity in earnings of investees | (21 | ) | (18 | ) | ||||
Fixed charges: | ||||||||
Interest on annuities | 640 | 732 | ||||||
Interest expense | 55 | 74 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 18 | 23 | ||||||
EARNINGS | $ | 1,163 | $ | 1,377 | ||||
Fixed charges: | ||||||||
Interest on annuities | $ | 640 | $ | 732 | ||||
Interest expense | 55 | 74 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 18 | 23 | ||||||
FIXED CHARGES | $ | 714 | $ | 830 | ||||
Ratio of Earnings to Fixed Charges | 1.63 | 1.66 | ||||||
Earnings in Excess of Fixed Charges | $ | 449 | $ | 547 |
E-1