Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - CONVERGYS CORPcvg123116ex322.htm
EX-32.1 - EXHIBIT 32.1 - CONVERGYS CORPcvg123116ex321.htm
EX-31.2 - EXHIBIT 31.2 - CONVERGYS CORPcvg123116ex312.htm
EX-31.1 - EXHIBIT 31.1 - CONVERGYS CORPcvg123116ex311.htm
EX-24 - EXHIBIT 24 - CONVERGYS CORPcvg12312016ex24.htm
EX-23 - EXHIBIT 23 - CONVERGYS CORPcvg12312016ex23.htm
EX-21 - EXHIBIT 21 - CONVERGYS CORPcvg123116ex21.htm
EX-10.39 - EXHIBIT 10.39 - CONVERGYS CORPcvg123116ex1039.htm
EX-10.38 - EXHIBIT 10.38 - CONVERGYS CORPcvg123116ex1038.htm
EX-10.25 - EXHIBIT 10.25 - CONVERGYS CORPcvg123116ex1025.htm
EX-10.18 - EXHIBIT 10.18 - CONVERGYS CORPcvg123116ex1018.htm
10-K - 10-K - CONVERGYS CORPcvg20161231-10k.htm


Exhibit 12 - Ratio of Earnings to Fixed Charges

CONVERGYS CORPORATION
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
(Amounts in millions)

 
 
 
For the Twelve Months Ended
For the Twelve Months Ended
For the Twelve Months Ended
For the Twelve Months Ended
For the Twelve Months Ended
 
 
 
12/31/2016
12/31/2015
12/31/2014
12/31/2013
12/31/2012
 
Income from Continuing Operations, net of tax
 

$133.0


$168.4


$116.5


$58.5


$28.2

 
Income tax expense
 
52.9

8.6

12.8

72.5

1.1

 
Interest expense
 
18.1

18.2

19.3

11.5

13.6

 
Portion of rental expense deemed interest
 
45.0

43.1

41.7

27.0

22.0

 
      Total earnings
 

$249.0


$238.3


$190.3


$169.5


$64.9

Fixed Charges:
 
 
 
 
 
 
 
Interest expense
 

$18.1


$18.2


$19.3


$11.5


$13.6

 
Portion of rental expense deemed interest
 
45.0

43.1

41.7

27.0

22.0

 
      Total fixed charges
 

$63.1


$61.3


$61.0


$38.5


$35.6

 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
3.9

3.9

3.1

4.4

1.8