EX-12.1 3 a2166169zex-12_1.htm EXHIBIT 12.1
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Exhibit 12.1


CA, Inc.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratios)

 
  Year ended March 31,
  Nine Months
Ended
December 31,
2005

 
  2001
  2002
  2003
  2004
  2005
EARNINGS AVAILABLE FOR FIXED CHARGES:                                    
(Loss) earnings from continuing operations before income taxes, minority interest and discontinued operations   $ (310 ) $ (1,445 ) $ (445 ) $ (97 ) $ 2   $ 194
Add: Fixed charges     449     330     272     205     221     120
Less: Minority interest in pre-tax (loss) income of subsidiaries that have not incurred fixed charges     0     (1 )   0     0     0     1
   
 
 
 
 
 
Total earnings available for fixed charges   $ 139   $ (1,116 ) $ (173 ) $ 108   $ 223   $ 315
   
 
 
 
 
 
FIXED CHARGES:                                    
Interest expense(1)   $ 370   $ 249   $ 193   $ 136   $ 153   $ 70
Interest portion of rental expense     79     81     79     69     68     50
   
 
 
 
 
 
Total Fixed Charges   $ 449   $ 330   $ 272   $ 205   $ 221   $ 120
   
 
 
 
 
 
RATIO OF EARNINGS TO FIXED CHARGES     n/a     n/a     n/a     n/a     1.01     2.62
Deficiency of Earnings to Fixed Charges   $ 310   $ 1,446   $ 445   $ 97     n/a     n/a

(1)
Includes amortization of discount related to indebtedness



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CA, Inc. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (in millions, except ratios)