Sybase 10-Q 2006 Q3 Quarterly report

Exhibit 12

Sybase, Inc.
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands, except for ratios)
(Full year for all periods except for nine months ended September 30, 2006)

	Nine
	months
	ended
	September
	30, 2006		2005		2004		2003		2002		2001
Earnings:
Income before income taxes and cumulative effect of an accounting change	$	104,736	$	136,714	$	100,966	$	118,095	$	71,209	$	978
Add: Fixed charges		16,226		20,233		11,988		13,204		14,556		10,610
Total Earnings, as defined		120,962		156,947		112,954		131,299		85,765		11,588
Fixed Charges
Interest Expense		7,125		8,116		308		62		198		276
Amortization of debt expense		1,477		1,671		—		—		—		—
Estimated interest portion on rental expense		7,624		10,446		11,680		13,142		14,358		10,334
Total Fixed Charges		16,226		20,233		11,988		13,204		14,556		10,610
Ratio of earnings to fixed charges		7.5		7.8		9.4		9.9		5.9		1.1