Attached files
Exhibit 12 to 2009 10-K
CONVERGYS CORPORATION
Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Dividends
(Amounts in millions)
| For the Twelve Months Ended Dec. 31, 2009 |
For the Twelve Months Ended Dec. 31, 2008 |
For the Twelve Months Ended Dec. 31, 2007 |
For the Twelve Months Ended Dec. 31, 2006 |
For the Twelve Months Ended Dec. 31, 2005 |
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| Earnings: |
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| Income before income taxes, extraordinary charges and cumulative effect of change in accounting principle |
$ | (117.6 | ) | $ | (163.9 | ) | $ | 245.6 | $ | 244.6 | $ | 213.4 | ||||||||
| Adjustment for undistributed (income)/losses of partnerships, net of distributions |
(1.3 | ) | 3.5 | (5.5 | ) | (6.0 | ) | (8.9 | ) | |||||||||||
| Interest expense |
28.9 | 22.6 | 17.5 | 22.8 | 21.2 | |||||||||||||||
| Portion of rental expense deemed interest |
30.9 | 28.5 | 28.8 | 28.7 | 33.0 | |||||||||||||||
| Total earnings |
$ | (59.1 | ) | $ | (109.3 | ) | $ | 286.4 | $ | 290.1 | $ | 258.7 | ||||||||
| Fixed Charges: |
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| Interest expense |
$ | 28.9 | $ | 22.6 | $ | 17.5 | $ | 22.8 | $ | 21.2 | ||||||||||
| Portion of rental expense deemed interest |
30.9 | 28.5 | 28.8 | 28.7 | 33.0 | |||||||||||||||
| Total fixed charges |
$ | 59.8 | $ | 51.1 | $ | 46.3 | $ | 51.5 | $ | 54.2 | ||||||||||
| Preferred dividends: |
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| Preferred dividends |
— | — | — | — | — | |||||||||||||||
| Combined fixed charges and preferred dividends |
$ | 59.8 | $ | 51.1 | $ | 46.3 | $ | 51.5 | $ | 54.2 | ||||||||||
| Ratio of Earnings to Fixed Charges |
(0.99 | ) | (2.14 | ) | 6.19 | 5.63 | 4.77 | |||||||||||||
| Ratio of Earnings to Combined Fixed Charges and Preferred Dividends |
(0.99 | ) | (2.14 | ) | 6.19 | 5.63 | 4.77 | |||||||||||||