Mattel (MAT) 10-Q 2013 Q2 Quarterly report

EXHIBIT 12.0

MATTEL, INC. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited; in thousands, except ratios)	For the Six Months Ended June 30, 2013		For the Years Ended December 31,
			2012		2011		2010		2009		2008
Earnings Available for Fixed Charges:
Income from continuing operations before income taxes	$	122,894	$	945,045	$	970,673	$	846,825	$	660,047	$	487,964
Add: Non-controlling interest losses in consolidated subsidiaries		—		—		—		—		222		262
Add:
Interest expense		38,596		88,835		75,332		64,839		71,843		81,944
Appropriate portion of rents (a)		17,130		33,736		30,696		34,544		34,439		29,833
Earnings available for fixed charges	$	178,620	$	1,067,616	$	1,076,701	$	946,208	$	766,551	$	600,003
Fixed Charges:
Interest expense	$	38,596	$	88,835	$	75,332	$	64,839	$	71,843	$	81,944
Appropriate portion of rents (a)		17,130		33,736		30,696		34,544		34,439		29,833
Fixed charges	$	55,726	$	122,571	$	106,028	$	99,383	$	106,282	$	111,777
Ratio of earnings to fixed charges		3.21 X		8.71 X		10.15 X		9.52 X		7.21 X		5.37 X

(a) Portion of rental expenses that is deemed representative of an interest factor, which is one-third of total rental expense.