- 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 Bad
|
- 10-K Annual report
- PDF Form 10-K - PDF
- 3 Amended and Restated Certificate of Incorporation of Registrant
- 4 Supplemental Agreement Dated As of July 26, 2007
- 4 Letter Agreement Dated April 26, 2007
- 4 Australian and New Zealand Medium Term Note Program
- 4 Global Agency Agreement Dated July 25, 2007
- 4 Agency Agreement Dated September 7, 2007
- 4 Senior Indenture Dated Sept. 15, 2006 and First Supp. Indenture
- 4 Indenture Dated June 15, 2003, 1ST Supp Indenture and 2ND Supp Indenture
- 4 Indenture Dated April 1, 2002 with 1ST Supp Indenture Dated Nov. 1, 2007
- 10 Bank of America 401(K) Restoration Plan
- 10 Bank of America Corp 2003 Key Associate Stock Plan
- 12 Ratio of Earnings to Fixed Charges
- 21 Direct and Indirect Subsidiaries of Bank of America Corp
- 23 Consent of Pricewaterhousecoopers LLP
- 24 Power of Attorney
- 24 Certificate of Assistant Secretary
- 31 Certificate of the Chief Executive Officer Pursuant to Section 302
- 31 Certificate of the Chief Financial Officer Pursuant to Section 302
- 32 Certificate of the Chief Executive Officer Pursuant to 18 U.s.c. Section 1350
- 32 Certificate of the Chief Financial Officer Pursuant to 18 U.s.c. Section 1350
- COVER Cover
Exhibit 12
Bank of America Corporation and Subsidiaries Ratio of Earnings to Fixed Charges Ratio of Earnings to Fixed Charges and Preferred Dividends |
(Dollars in millions) | 2007 | 2006 | 2005 | 2004 | 2003 | |||||||||||||||
Excluding Interest on Deposits | ||||||||||||||||||||
Income before income taxes | $ | 20,924 | $ | 31,973 | $ | 24,480 | $ | 20,908 | $ | 15,781 | ||||||||||
Equity in undistributed earnings of unconsolidated subsidiaries | (95 | ) | (315 | ) | (151 | ) | (135 | ) | (125 | ) | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 34,778 | 29,514 | 18,397 | 9,072 | 6,105 | |||||||||||||||
1/3 of net rent expense(1) | 669 | 609 | 585 | 512 | 398 | |||||||||||||||
Total fixed charges | 35,447 | 30,123 | 18,982 | 9,584 | 6,503 | |||||||||||||||
Preferred dividend requirements | 254 | 33 | 27 | 23 | 6 | |||||||||||||||
Fixed charges and preferred dividends | 35,701 | 30,156 | 19,009 | 9,607 | 6,509 | |||||||||||||||
Earnings | $ | 56,276 | $ | 61,781 | $ | 43,311 | $ | 30,357 | $ | 22,159 | ||||||||||
Ratio of earnings to fixed charges | 1.59 | 2.05 | 2.28 | 3.17 | 3.41 | |||||||||||||||
Ratio of earnings to fixed charges and preferred dividends | 1.58 | 2.05 | 2.28 | 3.16 | 3.40 | |||||||||||||||
(Dollars in millions) | 2007 | 2006 | 2005 | 2004 | 2003 | |||||||||||||||
Including Interest on Deposits | ||||||||||||||||||||
Income before income taxes | $ | 20,924 | $ | 31,973 | $ | 24,480 | $ | 20,908 | $ | 15,781 | ||||||||||
Equity in undistributed earnings of unconsolidated subsidiaries | (95 | ) | (315 | ) | (151 | ) | (135 | ) | (125 | ) | ||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense | 52,871 | 43,994 | 27,889 | 14,993 | 10,667 | |||||||||||||||
1/3 of net rent expense(1) | 669 | 609 | 585 | 512 | 398 | |||||||||||||||
Total fixed charges | 53,540 | 44,603 | 28,474 | 15,505 | 11,065 | |||||||||||||||
Preferred dividend requirements | 254 | 33 | 27 | 23 | 6 | |||||||||||||||
Fixed charges and preferred dividends | 53,794 | 44,636 | 28,501 | 15,528 | 11,071 | |||||||||||||||
Earnings | $ | 74,369 | $ | 76,261 | $ | 52,803 | $ | 36,278 | $ | 26,721 | ||||||||||
Ratio of earnings to fixed charges | 1.39 | 1.71 | 1.85 | 2.34 | 2.41 | |||||||||||||||
Ratio of earnings to fixed charges and preferred dividends | 1.38 | 1.71 | 1.85 | 2.34 | 2.41 |
(1) | Represents an appropriate interest factor. |