EX-12.1 3 c17299exv12w1.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12w1
 

EXHIBIT 12.1
EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
                                 
    Three Months Ended June 30,     Six Months Ended June 30,  
(dollar amounts in thousands)   2007     2006     2007     2006  
Pretax income from continuing operations before adjustment for minority interest or income from unconsolidated subsidiaries
   $ 13,571     $ 14,751     $ 26,840     $ 27,762  
Add:
                                
Fixed charges
     8,613       4,155       12,736       8,234  
 
                        
Adjusted p retax income
   $ 22,184     $ 18,906     $ 39,576     $ 35,996  
 
                        
 
                                
Fixed charges:
                                
Interest exp ense
   $ 7,782     $ 3,656     $ 11,363     $ 7,253  
Estimate of interest within rental exp ense
     831       499       1,373       981  
 
                        
Total fixed charges
   $ 8,613     $ 4,155     $ 12,736     $ 8,234  
 
                        
 
                                
Ratio of earnings to fixed charges
     2.6       4.6       3.1       4.4