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Exhibit 12.01

CERIDIAN CORPORATION AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	1999		1998		1997			1996		1995
	(Dollars in millions)
Earnings before income taxes and other items(1)	$	233.1	$	225.8	$	(82.7	)	$	193.4	$	116.1
Less undistributed earnings and non-guaranteed losses from less than 50% owned affiliates included above		—		—		—			—		—
Total earnings before income taxes and other items		233.1		225.8		(82.7	)		193.4		116.1
Add:
Interest expense		24.7		4.3		12.1			10.6		30.6
Interest portion of rentals(2)		13.7		12.0		13.9			13.7		13.9
Adjusted earnings before income taxes and other items	$	271.5	$	242.1	$	(56.7	)	$	217.7	$	160.6
Interest expense	$	24.7	$	4.3	$	12.1		$	10.6	$	30.6
Interest capitalized		1.7		—		—			—		—
Interest portion of rentals(2)		13.7		12.0		13.9			13.7		13.9
Total fixed charges	$	40.1	$	16.3	$	26.0		$	24.3	$	44.5
Ratio of earnings to fixed charges		6.77x		14.85x					8.96x		3.61x
Deficiency					$	(82.7	)

(1)

Results include continuing and discontinued operations.

(2)

Interest component assumed to be one-third of rental expense.

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CERIDIAN CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES