Invesco Ltd Ratio of Earnings to Fixed Charges | Exhibit 12.1 |
| Nine months ended September 30, 2012 | Year ended December 31, | |||||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||
Income before income taxes | 669.4 | 908.1 | 833.8 | 357.5 | 657.0 | 1,243.8 | ||||||||||||||||||
Less: Equity in earnings of unconsolidated affiliates | (21.8 | ) | (30.5 | ) | (40.2 | ) | (27.0 | ) | (46.8 | ) | (48.1 | ) | ||||||||||||
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Pre tax income before equity in earnings of unconsolidated affiliates | 647.6 | 877.6 | 793.6 | 330.5 | 610.2 | 1,195.7 | ||||||||||||||||||
Add: Fixed Charges | 54.6 | 80.8 | 76.4 | 81.7 | 93.3 | 90.5 | ||||||||||||||||||
Add: Amortization of capitalized interest | — | — | — | — | — | — | ||||||||||||||||||
Add: Dividends from unconsolidated affiliates | 14.7 | 21.3 | 26.0 | 28.3 | 29.8 | 1.8 | ||||||||||||||||||
Less: Interest capitalized | — | — | — | — | — | — | ||||||||||||||||||
(Income)/loss attributable to noncontrolling interests in consolidated entities, net | 59.1 | 107.7 | (171.1 | ) | 113.2 | 60.7 | (212.9 | ) | ||||||||||||||||
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Earnings | 776.0 | 1,087.4 | 724.9 | 553.7 | 794.0 | 1,075.1 | ||||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Portion of rent expense representing interest | 15.0 | 19.0 | 17.7 | 17.2 | 16.4 | 19.2 | ||||||||||||||||||
Interest | 39.6 | 61.8 | 58.6 | 64.5 | 76.9 | 71.3 | ||||||||||||||||||
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Total fixed charges | 54.6 | 80.8 | 76.3 | 81.7 | 93.3 | 90.5 | ||||||||||||||||||
Ratio of earnings/fixed charges | 14.21 | 13.46 | 9.50 | 6.78 | 8.51 | 11.88 | ||||||||||||||||||
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