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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10 Letter Agreement, Dated February 13, 2009
- 12 Computation of Ratio of Earnings to Fixed Charges
- 15 Letter from Ernst & Young LLP Regarding Unaudited Interim Financial Information
- 31.1 Certification of Principal Executive Officer of the Western Union Company
- 31.2 Certification of Principal Financial Officer of the Western Union Company
- 32 Certification of Principal Executive Officer and Principal Financial Officer
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WU similar filings
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Exhibit 12
THE WESTERN UNION COMPANY
COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
| For the three months ended March 31, | ||||||||
| 2009 | 2008 | |||||||
Earnings: | ||||||||
Income before income taxes | $ | 305.2 | $ | 292.5 | ||||
Fixed charges | 43.9 | 49.2 | ||||||
Other adjustments | (2.7 | ) | (2.7 | ) | ||||
Total earnings (a) | $ | 346.4 | $ | 339.0 | ||||
Fixed charges: | ||||||||
Interest expense | $ | 40.0 | $ | 45.0 | ||||
Other adjustments | 3.9 | 4.2 | ||||||
Total fixed charges (b) | $ | 43.9 | $ | 49.2 | ||||
Ratio of earnings to fixed charges (a/b) | 7.9 | 6.9 | ||||||
For purposes of calculating the ratio of earnings to fixed charges, earnings have been calculated by adding income before income taxes, fixed charges, and distributions from equity method investments, and then subtracting income from equity method investments. Fixed charges consist of interest expense and an estimated interest portion of rental expenses and income tax contingencies.