Euronet Worldwide (EEFT) 10-Q 2010 Q3 Quarterly report

EXHIBIT 12.1

EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
(dollar amounts in thousands)	2010		2009		2010		2009
Pretax income from continuing operations before adjustment for income from unconsolidated subsidiaries	$	28,085	$	26,204	$	39,575	$	40,866
Add:
Fixed charges		6,278		7,404		18,495		23,633
Dividends received		—		—		—		474
Adjusted pretax income	$	34,363	$	33,608	$	58,070	$	64,973
Fixed charges:
Interest expense	$	5,074	$	6,042	$	15,059	$	19,762
Estimate of interest within rental expense		1,204		1,362		3,436		3,871
Total fixed charges	$	6,278	$	7,404	$	18,495	$	23,633
Ratio of earnings to fixed charges		5.5		4.5		3.1		2.7