Attached files
file | filename |
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EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INC | afg-2017630xex32.htm |
EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INC | afg-2017630xex31c.htm |
EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INC | afg-2017630xex31b.htm |
EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INC | afg-2017630xex31a.htm |
10-Q - 10-Q - AMERICAN FINANCIAL GROUP INC | afg-201763010q.htm |
Exhibit 12
AMERICAN FINANCIAL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Six months ended June 30, 2017 | Year ended December 31, 2016 | |||||||
Earnings before income taxes | $ | 428 | $ | 787 | ||||
Undistributed equity in earnings of investees | (9 | ) | (25 | ) | ||||
Fixed charges: | ||||||||
Interest on annuities | 420 | 800 | ||||||
Interest expense | 43 | 76 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 11 | 23 | ||||||
EARNINGS | $ | 894 | $ | 1,662 | ||||
Fixed charges: | ||||||||
Interest on annuities | $ | 420 | $ | 800 | ||||
Interest expense | 43 | 76 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 11 | 23 | ||||||
FIXED CHARGES | $ | 475 | $ | 900 | ||||
Ratio of Earnings to Fixed Charges | 1.88 | 1.85 | ||||||
Earnings in Excess of Fixed Charges | $ | 419 | $ | 762 |
E-1