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EX-32 - EXHIBIT 32 - NET 1 UEPS TECHNOLOGIES INCexhibit32.htm
EX-31.2 - EXHIBIT 31.2 - NET 1 UEPS TECHNOLOGIES INCexhibit31-2.htm
EX-31.1 - EXHIBIT 31.1 - NET 1 UEPS TECHNOLOGIES INCexhibit31-1.htm
EX-23 - EXHIBIT 23 - NET 1 UEPS TECHNOLOGIES INCexhibit23.htm
EX-21 - EXHIBIT 21 - NET 1 UEPS TECHNOLOGIES INCexhibit21.htm
10-K - FORM 10-K - NET 1 UEPS TECHNOLOGIES INCform10k.htm

EXHIBIT 12

Statement regarding computation of ratio of earnings to fixed charges

    Year ended June 30,  
    2018     2017     2016     2015     2014  
    (in thousands, except for ratio of earnings to fixed charges)  
                               
Fixed charges                              
Interest expensed and capitalized $ 8,941   $ 3,484   $ 3,423   $ 4,456   $ 7,473  
Amortized premiums, discounts and capitalized expenses related to indebtedness                    
Estimate of the interest within rental expense   1,155     933     755     650     709  
Preference security dividend requirements of consolidated subsidiaries   -     -     -     -     -  
                               
   Fixed charges   10,096     4,417     4,178     5,106     8,182  
                               
Earnings                              
Add   82,100     118,873     130,415     145,524     117,324  
Pretax income from continuing operations before adjustment for non-controlling interests in consolidated subsidiaries or income or loss from equity investees   67,893     114,456     126,237     140,418     109,142  
Fixed charges   10,096     4,417     4,178     5,106     8,182  
Amortization of capitalized interest   -     -     -     -     -  
Distributed income of equity investees   4,111     -     -     -     -  
Your share of pre-tax losses of equity investees for which charges arising from guarantees are included in fixed charges   -     -     -     -     -  
                               
Less   304     2,359     362     328     -  
Interest capitalized                              
Preference security dividend requirements of consolidated subsidiaries                          
Non-controlling interest in pre-tax income of subsidiaries that have not incurred fixed charges   304     2,359     362     328        
                               
   Earnings $ 81,796   $ 116,514   $ 130,053   $ 145,196   $ 117,324  
                               
Ratio of earnings to fixed charges   8.10     26.38     31.13     28.44     14.34