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EX-32 - EXHIBIT 32 - DST SYSTEMS INCdstex321231161.htm
EX-31.2 - EXHIBIT 31.2 - DST SYSTEMS INCdstex3121231161.htm
EX-31.1 - EXHIBIT 31.1 - DST SYSTEMS INCdstex3111231161.htm
EX-24 - EXHIBIT 24 - DST SYSTEMS INCdstex241231161.htm
EX-23 - EXHIBIT 23 - DST SYSTEMS INCdstex231231161.htm
EX-21 - EXHIBIT 21 - DST SYSTEMS INCdstex211231161.htm
EX-10.17.2 - EXHIBIT 10.17.2 - DST SYSTEMS INCdstex10172123120161.htm
EX-10.17.1 - EXHIBIT 10.17.1 - DST SYSTEMS INCdstex10171123121061.htm
EX-10.16.1 - EXHIBIT 10.16.1 - DST SYSTEMS INCdstex10161123120161.htm
10-K - 10-K - DST SYSTEMS INCdst10k20161.htm


Exhibit 12
DST Systems, Inc.
Computation of Ratio of Earnings to Fixed Charges
(dollars in millions)
 
2016
 
2015
 
2014
 
2013
 
2012
Pretax income from continuing operations before adjustment for non-controlling interest and income or loss from equity investees
$
252.0

 
$
413.4

 
$
710.0

 
$
480.5

 
$
533.4

Add:
 
 
 
 
 
 
 
 
 
Fixed Charges
30.9

 
31.7

 
35.2

 
42.2

 
50.8

Amortization of capitalized interest

 

 
0.1

 
0.1

 
0.1

Distributed earnings of equity investees
0.4

 
3.5

 
1.8

 
129.4

 
4.5

Subtract:
 
 
 
 
 
 
 
 
 
Capitalized interest

 

 

 

 

Pretax loss attributable to non-controlling interest
$
(1.4
)
 
$
(0.1
)
 
$

 
$

 
$

Pretax income as adjusted
$
284.7

 
$
448.7

 
$
747.1

 
$
652.2

 
$
588.8

 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
23.5

 
$
23.8

 
$
26.3

 
$
34.2

 
$
42.8

Interest capitalized

 

 

 

 

 
23.5

 
23.8

 
26.3

 
34.2

 
42.8

Portion of rents representative of an appropriate interest factor
7.4

 
7.9

 
8.9

 
8.0

 
8.0

Total fixed charges
$
30.9

 
$
31.7

 
$
35.2

 
$
42.2

 
$
50.8

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
9.2

 
14.2

 
21.2

 
15.5

 
11.6