Attached files
Exhibit 12.01
eBay Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio data)
| 2005 | 2006 | 2007 | 2008 | 2009 | |||||||||||||
| Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Investees |
$ | 1,546,390 | $ | 1,541,600 | $ | 757,388 | (3) | $ | 2,193,530 | $ | 2,883,690 | (4) | |||||
| Add: Fixed Charges |
10,589 | 16,562 | 31,437 | 34,232 | 47,493 | ||||||||||||
| Earnings (1) |
$ | 1,556,979 | $ | 1,558,162 | $ | 788,825 | $ | 2,227,762 | $ | 2,931,183 | |||||||
| Fixed Charges (2) |
$ | 10,589 | $ | 16,562 | $ | 31,437 | $ | 34,232 | $ | 47,493 | |||||||
| Ratio of Earnings to Fixed Charges |
147.0 | 94.1 | 25.1 | 65.1 | 61.7 | ||||||||||||
| (1) | Earnings consist of Income before income taxes, noncontrolling interest and equity in gains and losses of equity-method investees plus Fixed Charges. |
| (2) | Fixed Charges consist of interest expense and our estimate of an appropriate portion of rentals representative of the interest factor. The estimate of interest within rental expense is estimated to be one-third of rental expense. |
| (3) | For the year ended December 31, 2007, Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Investees includes an impairment loss of $1.4 billion related to our Communications reporting unit. |
| (4) | For the year ended December 31, 2009, Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Investees includes gain of $1.4 billion related to the sale of our Communications reporting unit. |