EX-12.01 9 ex12_01.htm EXHIBIT 12.01 ex12_01.htm
Exhibit 12.01
 
AllianceBernstein L.P.
Consolidated Ratio Of Earnings To Fixed Charges
 
   
Years Ended December 31,
  
   
2012
    
2011
    
2010
  
   
(in thousands)
  
                   
Fixed Charges:
                  
Interest Expense
   $ 3,429     $ 2,545     $ 2,078  
Estimate of Interest Component In Rent Expense (1)
     -       -       -  
Total Fixed Charges
   $ 3,429     $ 2,545     $ 2,078  
                         
Earnings:
                        
Income (Loss) Before Income Taxes and Non-Controlling
   $ 200,046     $ (208,469 )   $ 465,622  
Interest in Earnings of Consolidated Entities
                        
Other
     24,675       (6,029 )     8,899  
Fixed Charges
     3,429       2,545       2,078  
Total Earnings
   $ 228,150     $ (211,953 )   $ 476,599  
                         
Consolidated Ratio Of Earnings To Fixed Charges
     66.54       N/A (2)     229.35  

(1)
AllianceBernstein L.P. has not entered into financing leases during these periods.
(2)
The ratio of earnings to fixed charges was negative for the year ended December 31, 2011. Additional earnings of $214.5 million would be needed to have a one-to-one ratio of earnings to fixed charges.