EX-12.1 2 eeft9302013ex121.htm EXHIBIT EEFT 9/30/2013 EX12.1


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


 
 
Three Months Ended
September 30,
Nine Months Ended
September 30,
(dollar amounts in thousands)
 
2013
 
2012
2013
 
2012
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
58,642

 
$
20,983

$
100,424

 
$
49,751

Add:
 
 
 
 
 
 
 
Fixed charges
 
5,646

 
7,961

16,101

 
23,485

  Dividends received
 
—

 
—

326

 
2,021

Adjusted pretax income
 
$
64,288

 
$
28,944

$
116,851

 
$
75,257

Fixed charges:
 
 
 
 
 
 
 
Interest expense
 
$
2,938

 
$
5,483

$
8,372

 
$
16,542

Estimate of interest within rental expense
 
2,708

 
2,478

7,729

 
6,943

Total fixed charges
 
$
5,646

 
$
7,961

$
16,101

 
$
23,485

Ratio of earnings to fixed charges
 
11.4

 
3.6

7.3

 
3.2