EX-12.1 2 eeft3312013ex121.htm RATIO OF EARNINGS TO FIX CHARGES EEFT 3/31/2013 EX12.1


EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)


 
 
Three Months Ended
 
 
March 31,
(dollar amounts in thousands)
 
2013
 
2012
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
15,092

 
$
18,133

Add:
 
 
 
 
Fixed charges
 
5,313

 
7,592

  Dividends received
 
—

 
—

Adjusted pretax income
 
$
20,405

 
$
25,725

Fixed charges:
 
 
 
 
Interest expense
 
$
2,859

 
$
5,480

Estimate of interest within rental expense
 
2,454

 
2,112

Total fixed charges
 
$
5,313

 
$
7,592

Ratio of earnings to fixed charges
 
3.8

 
3.4