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Filing tables
Filing exhibits
- 8-K Current report
- 99.1 Business Description
- 99.2 Selected Financial Information
- 99.3 Management's Discussion on Form 10K
- 99.4 Financial Statements and Supplementary Data on Form 10K
- 99.5 Computation of Ratio of Earnings to Fixed Charges Year Ended 12/31/13
- 99.6 Consent of Independent Registered Public Accounting Firm
- 99.7 Certification
- 99.8 Certification
- 99.9 Certification
- 99.10 Certification
- 99.11 Financial Statements and Supplementary Data on Form 10Q
- 99.12 Management's Discussion on Form 10Q
- 99.13 Certification
- 99.14 Certifications
- 99.15 Certification
- 99.16 Certification
- 99.17 Computation of Ratio of Earnings to Fixed Charges Quarter Ended 3/31/14
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Exhibit 99.17
CIT Group Inc. and Subsidiaries Computation of Ratio of Earnings to Fixed Charges (dollars in millions)
| Quarters Ended | ||||||||||||
| March 31, | December 31, | March 31, | ||||||||||
| 2014 | 2013 | 2013 | ||||||||||
| Earnings: | ||||||||||||
| Net income | $ | 117.2 | $ | 129.9 | $ | 162.6 | ||||||
| Provision for income taxes - continuing operations | 13.5 | 28.6 | 12.8 | |||||||||
| (Income) loss from discontinued operation, net of taxes | (2.3 | ) | (6.9 | ) | (9.7 | ) | ||||||
| Income (loss) from continuing operations, before provision for income taxes | 128.4 | 151.6 | 165.7 | |||||||||
| Fixed Charges: | ||||||||||||
| Interest and debt expenses on indebtedness | 271.9 | 267.5 | 274.1 | |||||||||
| Interest factor: one-third of rentals on real and personal properties | 1.9 | 1.6 | 2.7 | |||||||||
| Total fixed charges for computation of ratio | 273.8 | 269.1 | 276.8 | |||||||||
| Total earnings before provision for income taxes and fixed charges | $ | 402.2 | $ | 420.7 | $ | 442.5 | ||||||
| Ratios of earnings to fixed charges | 1.47 | x | 1.56 | x | 1.60 | x | ||||||
| 1 |