EXHIBIT 12(a) HOUSEHOLD INTERNATIONAL NETHERLANDS B.V. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (All dollar amounts are stated in thousands.) Three months ended March 31 1995 1994 - ------------------------------------------------------------------------ Income from operations $ 88.2 $ 71.1 - ------------------------------------------------------------------------ Income taxes 55.8 47.4 - ------------------------------------------------------------------------ Fixed charges: Interest expense 4,394.6 2,591.5 - ------------------------------------------------------------------------ Total earnings as defined $4,538.6 $2,710.0 ======================================================================== Ratio of earnings to fixed charges 1.03 1.05 ========================================================================