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EX-10.34 - EXHIBIT 10.34 - DST SYSTEMS INCdstex103412312017.htm
10-K - 10-K - DST SYSTEMS INCdst10k2017.htm
EX-32.0 - EXHIBIT 32.0 - DST SYSTEMS INCdstex32123117.htm
EX-31.2 - EXHIBIT 31.2 - DST SYSTEMS INCdstex312123117.htm
EX-31.1 - EXHIBIT 31.1 - DST SYSTEMS INCdstex311123117.htm
EX-23 - EXHIBIT 23 - DST SYSTEMS INCdstex23123117.htm
EX-21 - EXHIBIT 21 - DST SYSTEMS INCdstex21123117.htm
EX-10.35 - EXHIBIT 10.35 - DST SYSTEMS INCdstex103512312017.htm
EX-10.22 - EXHIBIT 10.22 - DST SYSTEMS INCdstex102212312017.htm
EX-10.21 - EXHIBIT 10.21 - DST SYSTEMS INCdstex102112312017.htm


Exhibit 12
DST Systems, Inc.
Computation of Ratio of Earnings to Fixed Charges
(dollars in millions)
 
2017
 
2016
 
2015
 
2014
 
2013
Pretax income from continuing operations before adjustment for non-controlling interest and income or loss from equity investees
$
477.4

 
$
252.0

 
$
413.4

 
$
710.0

 
$
480.5

Add:
 
 
 
 
 
 
 
 
 
Fixed Charges
36.4

 
30.9

 
31.7

 
35.2

 
42.2

Amortization of capitalized interest

 

 

 
0.1

 
0.1

Distributed earnings of equity investees

 
0.4

 
3.5

 
1.8

 
129.4

Subtract:
 
 
 
 
 
 
 
 
 
Capitalized interest

 

 

 

 

Pretax loss attributable to non-controlling interest
0.9

 
(1.4
)
 
(0.1
)
 

 

Pretax income as adjusted
$
512.9

 
$
284.7

 
$
448.7

 
$
747.1

 
$
652.2

 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
26.8

 
$
23.5

 
$
23.8

 
$
26.3

 
$
34.2

Interest capitalized

 

 

 

 

 
26.8

 
23.5

 
23.8

 
26.3

 
34.2

Portion of rents representative of an appropriate interest factor
9.6

 
7.4

 
7.9

 
8.9

 
8.0

Total fixed charges
$
36.4

 
$
30.9

 
$
31.7

 
$
35.2

 
$
42.2

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
14.1

 
9.2

 
14.2

 
21.2

 
15.5