Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. freshman Avg
|
New words:
absence, Absent, absolute, accumulated, actionJaffe, ActivitiesWe, actuarial, administered, ALCO, alia, alreturned, American, APB, appeal, appointment, area, Asia, asIncome, attempt, auction, award, awarded, behavior, benchmark, benefitsincluded, benefitsincreased, bifurcation, Black, broken, buy, CanadaOn, characterized, chose, Circuit, community, competitive, complexity, compliant, comply, concentration, conclusion, Concurrent, Congressional, contemplation, contemporaneously, content, contrast, convention, convert, converted, converting, correlation, corroborated, costly, Council, counsel, curtailment, cycle, deductible, deducting, deliberate, deliberated, demonstrate, deprecation, depth, Director, distinct, divided, dividing, DMRG, dramatically, drawn, duration, elapsed, eventually, evidenced, exacerbated, Examination, exceeded, expedient, extinguish, failure, fallen, FAS, FDIC, feasibility, feature, felt, FFIEC, Fitch, flexibility, floating, force, forecasted, found, FSP, function, functional, gathered, governmental, HBAP, healthcare, HOBN, ii, impose, impossible, Imprecision, incomeincreased, inInsurance, input, instrument, InstrumentsIn, Internet, jointly, jurisdiction, jury, larger, Lastly, lengthen, lengthened, logic, minimize, monoline, nonpayment, notice, OAS, occasion, occupied, operationsfor, opportunistic, orderly, OTC, output, overcollateralization, owner, Pacific, peer, penalty, personnel, pledged, political, population, PortfolioIn, PortfoliosIn, possession, predominately, procedural, proceeded, produced, proforma, promotional, proportional, prospective, prospectively, prudence, pursue, qualification, quantity, quotation, readily, ready, recklessly, reclassed, reclassified, reconciled, reconciling, recoverability, redemption, regular, regularly, reliable, rendering, reposition, ROE, SaleThe, satisfactory, satisfied, scale, segregating, seller, senior, sensitive, showing, simplified, specialist, specialty, spot, stand, steepened, steepening, StrategyOur, suffered, supplemented, survey, suspended, suspension, sustainable, TheZamudio, tight, title, TLGP, tranching, turndown, UDAP, unclear, understand, undertook, unexpired, Uniform, unitary, unprofitable, unrelated, unusually, validated, validation, variance, verdict, vested, voluntary, weight, window, withdrawal
Removed:
accessing, aforementioned, alleging, Andersen, appetite, approaching, approximate, arose, Arthur, asSupport, auditor, authority, bad, benefitsdecreased, borrowingstotaled, brokerage, BusinessDuring, BusinessEarly, cardholder, Carolina, certify, CommitmentsWe, consisting, consolidating, Constrained, converged, deconsolidation, denied, discontinuance, downturn, elimination, equityin, essentially, execute, executed, experiencing, fall, Fenner, finalized, flat, Fort, generating, Goldman, history, homeowner, improper, incomedecreased, IndianaIn, integrate, integration, InterNotessm, investor, Jersey, KPMG, LLP, Lynch, maintenance, marked, merger, Merrill, Mill, Multidistrict, negotiated, obtaining, offering, optimal, organic, Panel, par, Pierce, postretirement, prepaid, profitable, proven, ratiosare, ratiosIn, RatiosTangible, realignment, registrant, remanding, renewal, repair, resource, restrictive, restructured, retroactive, RiskHSBC, RiskOur, RiskThere, section, securitize, shape, shortening, shorter, slowdown, Smith, South, sponsor, StandardsBecause, statute, stipulated, stipulation, StrategyThe, strict, sublease, summarize, taxing, tempered, tighten, undrawn, unfounded, utility, view, Virginia, withFSP, worldwide, yielding
Filing tables
Filing exhibits
HSBCFC similar filings
Filing view
External links
EXHIBIT 12
HSBC FINANCE CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND TO
COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND TO
COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
Three Months Ended March 31, | 2009 | 2008 | ||||||
(dollars are | ||||||||
in millions) | ||||||||
Income from continuing operations | $ | 872 | $ | 238 | ||||
Income tax benefit | 855 | 185 | ||||||
Income before income tax benefit | 1,727 | 423 | ||||||
Fixed charges: | ||||||||
Interest expense | 1,167 | 1,773 | ||||||
Interest portion of rentals(1) | 22 | 10 | ||||||
Total fixed charges | 1,189 | 1,783 | ||||||
Total earnings from continuing operations as defined | $ | 2,916 | $ | 2,206 | ||||
Ratio of earnings to fixed charges | 2.45 | 1.24 | ||||||
Preferred stock dividends(2) | 14 | 14 | ||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 2.42 | 1.23 |
(1) | Represents one-third of rentals, which approximates the portion representing interest. | |
(2) | Preferred stock dividends are grossed up to their pretax equivalents. |