Wachovia Corp New (WBPS) 10-Q 2005 Q3 Quarterly report

Exhibit (12)(a)

WACHOVIA CORPORATION AND SUBSIDIARIES
COMPUTATIONS OF CONSOLIDATED RATIOS OF EARNINGS TO FIXED CHARGES

			Nine
			Months
			Ended			Years Ended December 31,
			Sept. 30,
(In millions)			2005			2004		2003		2002		2001		2000
EXCLUDING INTEREST ON DEPOSITS
Pretax income from continuing operations			$	7,317			7,633		6,080		4,667		2,293		632
Fixed charges, excluding capitalized interest				3,558			2,701		2,309		2,414		3,734		4,963
Earnings	(A	)	$	10,875			10,334		8,389		7,081		6,027		5,595
Interest, excluding interest on deposits			$	3,362			2,474		2,113		2,247		3,581		4,828
One-third of rents				196			227		196		167		153		135
Capitalized interest				—			—		—		—		—		—
Fixed charges (a)	(B	)	$	3,558			2,701		2,309		2,414		3,734		4,963
Consolidated ratios of earnings to fixed charges, excluding interest on deposits	(A)/	(B)		3.06	X		3.83		3.63		2.93		1.61		1.13
INCLUDING INTEREST ON DEPOSITS
Pretax income from continuing operations			$	7,317			7,633		6,080		4,667		2,293		632
Fixed charges, excluding capitalized interest				7,237			5,554		4,669		5,844		8,478		10,232
Earnings	(C	)	$	14,554			13,187		10,749		10,511		10,771		10,864
Interest, including interest on deposits			$	7,041			5,327		4,473		5,677		8,325		10,097
One-third of rents				196			227		196		167		153		135
Capitalized interest				—			—		—		—		—		—
Fixed charges (a)	(D	)	$	7,237			5,554		4,669		5,844		8,478		10,232
Consolidated ratios of earnings to fixed charges, including interest on deposits	(C)/	(D)		2.01	X		2.37		2.30		1.80		1.27		1.06

(a) The amount of fixed charges do not include other obligations which exist under Financial Accounting Standards Board Interpretation No. 45, “Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Others”.