Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - Everi Holdings Inc. | c97608e10vk.htm |
| EX-23.1 - EXHIBIT 23.1 - Everi Holdings Inc. | c97608exv23w1.htm |
| EX-31.2 - EXHIBIT 31.2 - Everi Holdings Inc. | c97608exv31w2.htm |
| EX-31.1 - EXHIBIT 31.1 - Everi Holdings Inc. | c97608exv31w1.htm |
| EX-21.1 - EXHIBIT 21.1 - Everi Holdings Inc. | c97608exv21w1.htm |
| EX-32.2 - EXHIBIT 32.2 - Everi Holdings Inc. | c97608exv32w2.htm |
| EX-32.1 - EXHIBIT 32.1 - Everi Holdings Inc. | c97608exv32w1.htm |
EXHIBIT 12.1
GLOBAL CASH ACCESS HOLDINGS, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
Interest expense per financial
statements (1) |
$ | 18,263 | $ | 30,117 | $ | 38,146 | $ | 42,098 | $ | 44,165 | ||||||||||
Interest expense related to
rent (2) |
206 | 221 | 193 | 164 | 167 | |||||||||||||||
Total fixed charges |
$ | 18,469 | $ | 30,338 | $ | 38,339 | $ | 42,262 | $ | 44,332 | ||||||||||
Net income per financial
statements |
$ | 33,582 | $ | 25,556 | $ | 23,704 | $ | 26,609 | $ | 22,591 | ||||||||||
Interest expense |
18,263 | 30,117 | 38,146 | 42,098 | 44,165 | |||||||||||||||
Minority loss |
56 | 86 | 236 | 183 | 139 | |||||||||||||||
Total earnings |
$ | 51,901 | $ | 55,759 | $ | 62,086 | $ | 68,890 | $ | 66,895 | ||||||||||
Ratio of earnings to fixed
charges |
2.8 | x | 1.8 | x | 1.6 | x | 1.6 | x | 1.5 | x | ||||||||||
| (1) | Interest expense includes interest expense on ATM funding arrangements, borrowings and the
amortization of capitalized debt issuance. |
|
| (2) | One-third of all rental expense is deemed to be interest. |