CARNIVAL CORP - FORM 10-Q - EX-12 - RATIO OF EARNINGS TO FIXED CHARGES. - April 1, 2010

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10-Q - FORM 10-Q - CARNIVAL CORPd10q.htm
EX-10.1 - AMENDMENT TO THE CARNIVAL CORPORATION "FUN SHIP" NONQUALIFIED SAVINGS PLAN. - CARNIVAL CORPdex101.htm
EX-31.3 - CERTIFICATION OF SENIOR VICE PRESIDENT & CHIEF FINANCIAL OFFICER OF CARNIVAL COR - CARNIVAL CORPdex313.htm
EX-31.6 - CERTIFICATION OF SENIOR VICE PRESIDENT & CHIEF FINANCIAL OFFICER OF CARNIVAL PLC - CARNIVAL CORPdex316.htm
EX-10.2 - CARNIVAL CORPORATION & PLC STOCK OWNERSHIP POLICY FOR SECTION 16 OFFICERS. - CARNIVAL CORPdex102.htm
EX-31.2 - CERTIFICATION OF CHIEF OPERATING OFFICER OF CARNIVAL CORPORATION - CARNIVAL CORPdex312.htm
EX-31.5 - CERTIFICATION OF CHIEF OPERATING OFFICER OF CARNIVAL PLC - CARNIVAL CORPdex315.htm
EX-31.4 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER OF CARNIVAL PLC - CARNIVAL CORPdex314.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER OF CARNIVAL CORPORATION - CARNIVAL CORPdex311.htm
10-Q - PDF OF THE FORM 10-Q - CARNIVAL CORPd10q1.pdf
EXCEL - IDEA: XBRL DOCUMENT - CARNIVAL CORPFinancial_Report.xls
EX-32.4 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER OF CARNIVAL PLC - CARNIVAL CORPdex324.htm
EX-32.2 - CERTIFICATION OF CHIEF OPERATING OFFICER OF CARNIVAL CORPORATION - CARNIVAL CORPdex322.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER OF CARNIVAL CORPORATION - CARNIVAL CORPdex321.htm
EX-32.6 - CERTIFICATION OF SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER - CARNIVAL CORPdex326.htm
EX-32.5 - CERTIFICATION OF CHIEF OPERATING OFFICER OF CARNIVAL PLC - CARNIVAL CORPdex325.htm
EX-10.3 - AMENDMENT TO THE CARNIVAL CORPORATION "FUN SHIP" NONQUALIFIED SAVINGS PLAN. - CARNIVAL CORPdex103.htm
EX-32.3 - CERTIFICATION OF SENIOR VICE PRESIDENT & CHIEF FINANCIAL OFFICER OF CARNIVAL COR - CARNIVAL CORPdex323.htm

Exhibit 12

CARNIVAL CORPORATION & PLC

Ratio of Earnings to Fixed Charges

(in millions, except ratios)

 

     Three Months Ended February 28,  
     2010     2009  

Net income

    $ 175      $ 260   

Income tax benefit, net

      (15 )      (22 ) 
                

Income before income taxes

      160        238   
                

Fixed charges

     

Interest expense, net

      96        96   

Interest portion of rent expense(a)

      6        4   

Capitalized interest

      7        9   
                

Total fixed charges

      109        109   
                

Fixed charges not affecting earnings

     

Capitalized interest

      (7 )      (9 ) 
                

Earnings before fixed charges

    $ 262      $ 338   
                

Ratio of earnings to fixed charges

      2.4 x      3.1 x 
                

 

(a) Represents one-third of rent expense, which we believe to be representative of the interest portion of rent expense.

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