EX-12.1 3 a2168858zex-12_1.htm EXHIBIT 12.1
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Exhibit 12.1


COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES


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

 
  Years Ended March, 31
   
 
  Three-Months
Ended
June 30, 2006

 
  2002
  2003
  2004
  2005
  2006
Earnings available for fixed charges:                        

Earnings from continuing operations before income taxes, minority interest and discontinued operations

 

(1,528

)

(495

)

(114

)

33

 

121

 

43

Add: Fixed charges

 

330

 

272

 

205

 

221

 

165

 

42

Less: Minority Interest in pre-tax loss of subsidiaries that have not incurred fixed charges

 

(1

)

0

 

0

 

0

 

1

 

0
   
 
 
 
 
 

Total earnings available for fixed charges

 

(1,199

)

(223

)

91

 

254

 

287

 

85
   
 
 
 
 
 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense(1)

 

249

 

193

 

136

 

153

 

95

 

25
Interest portion of rental expense   81   79   69   68   70   17
   
 
 
 
 
 

Total Fixed Charges

 

330

 

272

 

205

 

221

 

165

 

42
   
 
 
 
 
 

RATIO OF EARNINGS TO FIXED CHARGES

 

n/a

 

n/a

 

n/a

 

1.15

 

1.74

 

2.01

Deficiency of Earnings to Fixed Charges

 

1,529

 

495

 

114

 

n/a

 

n/a

 

n/a

(1)
Includes amortization of discount related to indebtedness



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