. . . EXHIBIT 12 H&R BLOCK, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (AMOUNTS IN THOUSANDS) <Table> <Caption> Restated Restated Restated Restated 2005 2004 2003 2002 2001 ---------- ---------- ---------- -------- -------- Pretax income before change in accounting principle $1,017,715 $1,162,975 $ 855,564 $709,136 $459,169 ========== ========== ========== ======== ======== FIXED CHARGES: Interest expense 87,924 84,556 92,644 116,141 242,551 Interest portion of net rent expense(a) 91,755 80,390 71,821 63,550 59,309 ---------- ---------- ---------- -------- -------- Total fixed charges 179,679 164,946 164,465 179,691 301,860 ---------- ---------- ---------- -------- -------- Earnings before income taxes and fixed charges $1,197,394 $1,327,921 $1,020,029 $888,827 $761,029 ========== ========== ========== ======== ======== Ratio of earnings to fixed charges 6.7 8.1 6.2 4.9 2.5 ========== ========== ========== ======== ======== </Table> (a) One-third of net rent expense is the portion deemed representative of the interest factor.