EX-12.1 2 eeft3312015ex121.htm EXHIBIT 12.1 EEFT 3/31/2015 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)
 
2015
 
2014
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
14,122

 
$
21,657

Add:
 
 
 
 
Fixed charges
 
7,257

 
3,723

Adjusted pretax income
 
$
21,379

 
$
25,380

Fixed charges:
 
 
 
 
Interest expense
 
$
5,698

 
$
1,988

Estimate of interest within rental expense
 
1,559

 
1,735

Total fixed charges
 
$
7,257

 
$
3,723

Ratio of earnings to fixed charges
 
2.9

 
6.8