SYBASE INC - FORM 10-K - EX-12 - February 26, 2010

Attached files

file filename
10-K - FORM 10-K - SYBASE INCf55061e10vk.htm
EX-32 - EX-32 - SYBASE INCf55061exv32.htm
EX-21 - EX-21 - SYBASE INCf55061exv21.htm
EX-31.1 - EX-31.1 - SYBASE INCf55061exv31w1.htm
EX-31.2 - EX-31.2 - SYBASE INCf55061exv31w2.htm
EX-23.1 - EX-23.1 - SYBASE INCf55061exv23w1.htm
Exhibit 12
Sybase, Inc.
Computation of Ratio of Earnings to Fixed Charges (1)
(Dollars in thousands, except for ratios)
                                         
    2009   2008   2007   2006   2005
             
Earnings:
                                        
Income before income taxes attributable to Sybase, Inc.
   $ 252,017     $ 189,689     $ 173,527     $ 145,870     $ 124,186  
Add: Fixed charges
     48,807       39,544       38,394       37,147       32,761  
             
Total Earnings, as defined
     300,824       229,233       211,921       183,017       156,947  
             
 
                                        
Fixed Charges
                                        
Interest Expense
     38,063       27,366       26,449       25,324       20,951  
Amortization of debt expense
     2,332       1,609       1,608       1,609       1,364  
Estimated interest portion on rental expense
     8,412       10,569       10,337       10,214       10,446  
             
Total Fixed Charges
     48,807       39,544       38,394       37,147       32,761  
             
 
                                        
Ratio of earnings to fixed charges
     6.2       5.8       5.5       4.9       4.8  
 
(1)   As adjusted to reflect the adoption of FASB amendments to existing guidance on convertible debt, noncontrolling interests, earnings per share computations, and other-than-temporary impairment determinations of investments. See Note One — “Summary of Significant Accounting Policies” and Note Eight — “Convertible Notes” in the Notes to the Consolidated Financial Statements, Part II, Item 8.

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