EX-12.1 6 ex12_1.htm COMPUTATION OF RATIOS ex12_1.htm
Exhibit 12.1
 
 
FHLBANK TOPEKA
          
CALCULATION OF EARNINGS TO FIXED CHARGES
          
12/31/2009
          
(Thousands)
          
           
           
 
12/31/2009
12/31/2008
12/31/2007
12/31/2006
12/31/2005
           
Earnings
          
  Income Before Assessments
              322,192
                38,777
              204,816
              186,041
              185,627
  Total Fixed Charges
              575,165
           1,642,925
           2,517,128
           2,238,914
           1,500,725
  Capitalized Interest
                       -
                       -
                       -
                       -
                       -
           
           
Total Earnings
              897,357
           1,681,702
           2,721,944
           2,424,955
           1,686,352
           
Fixed Charges
          
  Interest Expense1
              575,165
           1,642,925
           2,517,128
           2,238,914
           1,500,725
  Capitalized Interest
                       -
                       -
                       -
                       -
                       -
  Estimated Interest Attributable to Rental Expense 2
                       -
                       -
                       -
                       -
                       -
           
           
Total Fixed Charges
              575,165
           1,642,925
           2,517,128
           2,238,914
           1,500,725
           
Earnings to Fixed Charges Ratio
                    1.56
                    1.02
                    1.08
                    1.08
                    1.12
           
           
1  For purposes of this calculation the amortization of premium, discount, and capitalized expenses related to
  
    indebtedness are included in interest expense and have not been separately displayed in this calculation.
  
2  The FHLBank has rental expense; however, has not placed an estimated of the interest expense included
  
    in rental expense in this calculation as the amount is very minimal.