CONVERGYS CORP - FORM 10-K - EX-12 - EXHIBIT 12 - February 21, 2018

Attached files

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EX-21 - EXHIBIT 21 - CONVERGYS CORPcvg123117ex21.htm
EX-32.2 - EXHIBIT 32.2 - CONVERGYS CORPcvg123117ex322.htm
EX-32.1 - EXHIBIT 32.1 - CONVERGYS CORPcvg123117ex321.htm
EX-31.2 - EXHIBIT 31.2 - CONVERGYS CORPcvg123117ex312.htm
EX-31.1 - EXHIBIT 31.1 - CONVERGYS CORPcvg123117ex311.htm
EX-24 - EXHIBIT 24 - CONVERGYS CORPcvg123117ex24.htm
EX-23 - EXHIBIT 23 - CONVERGYS CORPcvg123117ex23.htm
EX-10.48 - EXHIBIT 10.48 - CONVERGYS CORPcvg123117ex1048.htm
EX-10.35 - EXHIBIT 10.35 - CONVERGYS CORPcvg123117ex1035.htm
EX-10.34 - EXHIBIT 10.34 - CONVERGYS CORPcvg123117ex1034.htm
EX-10.33 - EXHIBIT 10.33 - CONVERGYS CORPcvg123117ex1033.htm
EX-10.32 - EXHIBIT 10.32 - CONVERGYS CORPcvg123117ex1032.htm
EX-10.31 - EXHIBIT 10.31 - CONVERGYS CORPcvg123117ex1031.htm
EX-10.26 - EXHIBIT 10.26 - CONVERGYS CORPcvg123117ex1026.htm
EX-10.25 - EXHIBIT 10.25 - CONVERGYS CORPcvg123117ex1025.htm
EX-10.24 - EXHIBIT 10.24 - CONVERGYS CORPcvg123117ex1024.htm
EX-10.23 - EXHIBIT 10.23 - CONVERGYS CORPcvg123117ex1023.htm
EX-10.19 - EXHIBIT 10.19 - CONVERGYS CORPcvg123117ex1019.htm
EX-10.17 - EXHIBIT 10.17 - CONVERGYS CORPcvg123117ex1017.htm
10-K - 10-K - CONVERGYS CORPcvg20171231-10k.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
 
 
 
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
 
Income from Continuing Operations, net of tax
 

$121.4


$133.0


$168.4


$116.5


$58.5

 
Income tax expense
 
58.4

52.9

8.6

12.8

72.5

 
Interest expense
 
18.3

18.1

18.2

19.3

11.5

 
Portion of rental expense deemed interest
 
47.8

45.0

43.1

41.7

27.0

 
      Total earnings
 

$245.9


$249.0


$238.3


$190.3


$169.5

Fixed Charges:
 
 
 
 
 
 
 
Interest expense
 

$18.3


$18.1


$18.2


$19.3


$11.5

 
Portion of rental expense deemed interest
 
47.8

45.0

43.1

41.7

27.0

 
      Total fixed charges
 

$66.1


$63.1


$61.3


$61.0


$38.5

 
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
3.7

3.9

3.9

3.1

4.4





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