EX-12.01 10 ex12_01.htm EXHIBIT 12.01 Unassociated Document
Exhibit 12.01
                  
                   
AllianceBernstein L.P.
                  
Consolidated Ratio Of Earnings To Fixed Charges
                  
                   
   
Years Ended December 31,
  
   
2011
    
2010
    
2009
  
   
(in thousands)
  
                   
Fixed Charges:
                  
Interest Expense
   $ 2,545     $ 2,078     $ 2,696  
Estimate of Interest Component In Rent Expense (1)
     -       -       -  
Total Fixed Charges
   $ 2,545     $ 2,078     $ 2,696  
                         
Earnings:
                        
(Loss) Income Before Income Taxes and Non-Controlling Interest in Earnings of Consolidated Entities
   $ (208,469 )   $ 465,622     $ 624,485  
Other
     (6,029 )     8,899       21,307  
Fixed Charges
     2,545       2,078       2,696  
Total Earnings
   $ (211,953 )   $ 476,599     $ 648,488  
                         
Consolidated Ratio Of Earnings To Fixed Charges
     N/A (2)     229.35       240.54  
                         
                         
(1) AllianceBernstein L.P. has not entered into financing leases during these periods.
(2) The ratio of earnings to fixed charges was negative for the year ended December 31, 2011. Additional earnings of $214.5 million would be needed to have a one-to-one ratio of earnings to fixed charges.