EX-12.2 4 bfc-ex122toforms3_698665v8.txt H&R BLOCK COMPUT.RATIO EARNINGS FIXED CHARGES
Exhibit 12.2 ------------ H&R BLOCK, INC. Computation of Ratio of Earnings to Fixed Charges (Amounts in thousands) 2004 2003 2002 2001 2000 ---------- ---------- ---------- ---------- --------- Pretax income before change in accounting principle $1,164,157 $ 987,077 $ 716,840 $ 473,078 $ 412,266 ========== ========== ========== ========== ========= FIXED CHARGES: Interest expense 84,556 92,644 116,141 242,551 155,027 Interest portion of net rent expense(a) 79,949 70,574 63,458 59,268 52,263 ---------- ---------- ---------- ---------- --------- Total fixed charges 164,505 163,218 179,599 301,819 207,290 Earnings before income taxes and fixed charges $1,328,662 $1,150,295 $ 896,439 $ 774,897 $ 619,556 ========== ========== ========== ========== ========= Ratio of earnings to fixed charges 8.1 7.0 5.0 2.6 3.0 ========== ========== ========== ========== ========= (a) One-third of net rent expense is the portion deemed representative of the interest factor.