EX-12.1 2 eeft12312013ex121.htm EXHIBIT 12.1 EEFT 12/31/2013 EX12.1


Exhibit 12.1
EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)

 
 
Year Ended December 31,
(dollar amounts in thousands)
 
2013
 
2012
 
2011
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
114,879

 
$
46,392

 
$
60,940

Add:
 
 
 
 
 
 
Fixed charges
 
16,930

 
29,313

 
29,349

  Dividends received
 
326

 
2,021

 
118

Adjusted pretax income
 
$
132,135

 
$
77,726

 
$
90,407

Fixed charges:
 
 
 
 
 
 
Interest expense
 
$
10,139

 
$
19,653

 
$
21,385

Estimate of interest within rental expense
 
6,791

 
9,660

 
7,964

Total fixed charges
 
$
16,930

 
$
29,313

 
$
29,349

Ratio of earnings to fixed charges
 
7.8

 
2.7

 
3.1