EXHIBIT 12
                                                                                                             Exhibit 12

                             UNISYS CORPORATION
       COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (UNAUDITED)
                               ($ in millions)



                                  Six
                                  Months
                                  Ended           Years Ended December 31
                                  June 30, -----------------------------------
                                  2002     2001   2000   1999   1998    1997
                                  -------- ----   ----   ----   ----    ----
                                                     
Fixed charges
Interest expense                  $  35.6 $ 70.0 $ 79.8 $127.8 $171.7  $233.2
Interest capitalized during
  the period                          6.0   11.8   11.4    3.6     -       -
Amortization of debt issuance
  expenses                            1.3    2.7    3.2    4.1    4.6     6.7
Portion of rental expense
  representative of interest         27.0   53.9   42.2   46.3   49.1    51.8
                                   ------ ------ ------ ------ ------ -------
    Total Fixed Charges              69.9  138.4  136.6  181.8  225.4   291.7
                                   ------ ------ ------ ------ ------ -------
Earnings
Income (loss) from continuing
 operations before income taxes     111.8  (46.5) 379.0  770.3  594.2  (748.1)
Add (deduct) the following:
 Share of loss (income) of
  associated companies               13.3   (8.6) (20.5)   8.9    (.3)    5.9
 Amortization of capitalized
  interest                            3.9    5.4    2.2     -      -       -
                                   ------ ------ ------ ------ ------  ------
    Subtotal                        129.0  (49.7) 360.7  779.2  593.9  (742.2)
                                   ------ ------ ------ ------ ------  ------

Fixed charges per above              69.9  138.4  136.6  181.8  225.4   291.7
Less interest capitalized during
  the period                        ( 6.0) (11.8) (11.4)  (3.6)    -       -
                                   ------  ------ ------ ------ ------ ------
Total earnings (loss)              $192.9  $76.9 $485.9 $957.4 $819.3 $(450.5)
                                   ======  ===== ====== ====== ====== =======

Ratio of earnings to fixed
  charges                            2.76     *    3.56   5.27   3.63      *
                                   ======  ===== ====== ====== ====== =======


* Earnings for the years ended December 31, 2001 and 1997 were inadequate to
  cover fixed charges by approximately $61.5 million and $742.2 million,
  respectively.