Exhibit 12 COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES Three months ended Nine months ended June 30 June 30 (in thousands) 2002 2001 2002 2001 - ----------------------------------------------------------------------------------------------- Income before taxes $168,711 $157,505 $486,730 $527,437 Add fixed charges: Interest expense - excluding interest on deposits 4,572 3,798 14,247 14,384 Interest expense - deposits 2,405 5,413 7,599 6,609 Interest factor on rent 4,986 5,837 14,919 14,871 ------------------------------------------------------------ Total fixed charges $11,963 $15,048 $36,765 $35,864 ------------------------------------------------------------ Earnings before fixed charges and taxes on income $180,674 $172,553 $523,495 $563,301 ============================================================ Ratio of earnings to fixed charges - including interest on deposits 15.1 11.5 14.2 15.7 Ratio of earnings to fixed charges - excluding interest on deposits 18.7 17.3 17.7 19.0