EX-12.1 2 eeft12312014ex121.htm EXHIBIT 12.1 EEFT 12/31/2014 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)
 
2014
 
2013
 
2012
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
141,549

 
$
114,879

 
$
46,392

Add:
 
 
 
 
 
 
Fixed charges
 
18,641

 
16,930

 
29,313

  Dividends received
 
—

 
326

 
2,021

Adjusted pretax income
 
$
160,190

 
$
132,135

 
$
77,726

Fixed charges:
 
 
 
 
 
 
Interest expense
 
$
12,330

 
$
10,139

 
$
19,653

Estimate of interest within rental expense
 
6,311

 
6,791

 
9,660

Total fixed charges
 
$
18,641

 
$
16,930

 
$
29,313

Ratio of earnings to fixed charges
 
8.6

 
7.8

 
2.7