EX-12.A 27 y55935ex12-a.txt COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS Exhibit (12)(a) Fifth Third Bancorp Computations of Consolidated Ratios of Earnings to Fixed Charges ($ In Millions)
Year Ended December 31, ------------------------------------------------------------------------------------------------------ Excluding Interest on Deposits: 2001 2000 1999 1998 1997 ------------------------------------------------------------------------------------------------------ Fixed Charges: Interest Expense (excluding interest on deposits) $ 724 874 616 557 495 One-Third of Rents, Net of Income from Subleases 14 14 12 9 8 ------------------------------------------- Total Fixed Charges 738 888 628 566 503 =========================================== Earnings: Income Before Income Taxes, Minority Interest & Cumulative Effect of Accounting Change 1,653 1,680 1,455 1,231 1,172 Fixed Charges 738 888 628 566 503 ------------------------------------------- Total Earnings $2,391 2,568 2,083 1,797 1,675 =========================================== Ratio of Earnings to Fixed Charges, Excluding Interest On Deposits 3.24 x 2.89 3.32 3.17 3.33 =========================================== Including Interest on Deposits: ------------------------------- Fixed Charges: Interest Expense $2,276 2,692 2,022 2,042 2,026 One-Third of Rents, Net of Income from Subleases 14 14 12 9 8 ------------------------------------------- Total Fixed Charges 2,290 2,706 2,034 2,051 2,034 =========================================== Earnings: Income Before Income Taxes, Minority Interest & Cumulative Effect of Accounting Change 1,653 1,680 1,455 1,231 1,172 Fixed Charges 2,290 2,706 2,034 2,051 2,034 ------------------------------------------- Total Earnings $3,943 4,386 3,489 3,282 3,206 =========================================== Ratio of Earnings to Fixed Charges, Including Interest On Deposits 1.72 x 1.62 1.72 1.60 1.58 ===========================================