EX-12.1 8 c26311exv12w1.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  
    March 31,  
(dollar amounts in thousands)   2008     2007  
Pretax income from continuing operations before adjustment for minority interest or income from unconsolidated subsidiaries
   $ 4,481     $ 13,114  
Add:
                
Fixed charges
     7,907       4,123  
Dividends received
     —       1,270  
 
            
Adjusted pretax income
   $ 12,388     $ 18,507  
 
            
 
                
Fixed charges:
                
Interest expense
   $ 6,867     $ 3,581  
Estimate of interest within rental expense
     1,040       542  
 
            
Total fixed charges
   $ 7,907     $ 4,123  
 
            
 
                
Ratio of earnings to fixed charges
     1.6       4.5