EX-12.1 3 eeft3312014ex121.htm EXHIBIT EEFT 3/31/2014 EX12.1

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


 
 
Three Months Ended
March 31,
(dollar amounts in thousands)
 
2014
 
2013
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
21,657

 
$
15,092

Add:
 
 
 
 
Fixed charges
 
3,723

 
5,313

Adjusted pretax income
 
$
25,380

 
$
20,405

Fixed charges:
 
 
 
 
Interest expense
 
$
1,988

 
$
2,859

Estimate of interest within rental expense
 
1,735

 
2,454

Total fixed charges
 
$
3,723

 
$
5,313

Ratio of earnings to fixed charges
 
6.8

 
3.8