Exhibit 12
Consolidated Ratio of Earnings to Fixed Charges Ameriprise Financial, Inc.
	Years Ended December 31,
	2013			2012			2011			2010		2009
	(dollars in millions)
Earnings:
Pretax income attributable to Ameriprise Financial, Inc.	$	1,829		$	1,366		$	1,553		$	1,306	$	769
Interest and debt expense (1)	283			279			320			300		137
Interest portion of rental expense	29			30			32			34		38
Amortization of capitalized interest	5			6			4			4		3
Undistributed (gain) loss from equity investees	(1		)	16			41			15		25
Minority interest in pretax losses	—			(128		)	(129		)	—		—
Minority interest in pretax income of subsidiaries that have incurred fixed charges	141			—			23			163		15
Total earnings before banking and deposit interest expense and interest credited to fixed accounts (a)	2,286			1,569			1,844			1,822		987
Banking and deposit interest expense and interest credited to fixed accounts	838			875			904			986		1,069
Total earnings (c)	$	3,124		$	2,444		$	2,748		$	2,808	$	2,056
Fixed charges:
Interest and debt expense (1)	$	283		$	279		$	320		$	300	$	137
Estimated amount of interest in rental expense	29			30			32			34		38
Capitalized interest	2			7			5			3		3
Total fixed charges before banking and deposit interest and interest credited to fixed accounts (b)	314			316			357			337		178
Banking and deposit interest expense and interest credited to fixed accounts	838			875			904			986		1,069
Total fixed charges (d)	$	1,152		$	1,191		$	1,261		$	1,323	$	1,247
Ratio of earnings to fixed charges before banking and deposit interest expense and interest credited to fixed accounts (a/b)	7.3			5.0			5.2			5.4		5.5
Ratio of earnings to fixed charges (c/d)	2.7			2.1			2.2			2.1		1.6
(1) Interest on non-recourse debt of consolidated investment entities is included in interest and debt expense provided in the table above.

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