. . . EXHIBIT 12.1 GTECH HOLDINGS CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Unaudited) Nine Months Ended ------------------------------ November 26, November 27, 2005 2004 ------------ ------------ (Dollars in thousands) Earnings: Income before income taxes $ 229,550 $ 237,803 Add: Interest on indebtedness 23,162 11,743 Equity income, net of distributions (612) 1,071 Minority losses 2,287 2,178 Portion of rents representative of the interest factor 944 986 Amortization of capitalized interest 596 502 ------------ ------------ Earnings available for fixed charges $ 255,927 $ 254,283 ============ ============ Fixed charges: Interest on indebtedness 23,162 11,743 Portion of rents representative of the interest factor 944 986 Capitalized interest 13 650 ------------ ------------ Total fixed charges $ 24,119 $ 13,379 ============ ============ Ratio of earnings to fixed charges 10.61 19.01 ============ ============