Sybase 10-Q 2005 Q2 Quarterly report

Exhibit 12

Sybase, Inc.

Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands, except for ratios)

			Three
	Six months		months
	ended		ended
	June 30,		March 31,
	2005		2005		2004		2003		2002		2001		2000
Earnings:
Income before income taxes and cumulative effect of an accounting change	$	55,096	$	23,414	$	100,966	$	118,095	$	71,209	$	978	$	107,586
Add: Fixed charges		9,338		4,076		11,988		13,204		14,556		10,610		9,455
Total Earnings, as defined		64,434		27,490		112,954		131,299		85,765		11,588		117,041
Fixed Charges
Interest Expense		3,402		1,173		308		62		198		276		339
Amortization of debt expense		690		202		—		—		—		—		—
Estimated interest portion on rental expense		5,246		2,701		11,680		13,142		14,358		10,334		9,116
Total Fixed Charges		9,338		4,076		11,988		13,204		14,556		10,610		9,455
Ratio of earnings to fixed charges		6.9		6.7		9.4		9.9		5.9		1.1		12.4