Attached files
EXHIBIT 12.0
MATTEL, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| (Unaudited; in thousands, except ratios) |
For the Three Months Ended March, 2010 |
For the Years Ended December 31, | ||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||
| Earnings Available for Fixed Charges: |
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| Income from continuing operations before income taxes |
$ | 33,282 | $ | 660,047 | $ | 487,964 | $ | 703,398 | $ | 683,756 | $ | 652,049 | ||||||
| Add: Non-controlling interest losses (income) in consolidated subsidiaries |
62 | 222 | 262 | 255 | 271 | 142 | ||||||||||||
| Add: |
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| Interest expense |
13,623 | 71,843 | 81,944 | 70,974 | 79,853 | 76,490 | ||||||||||||
| Appropriate portion of rents (a) |
8,284 | 34,439 | 29,833 | 28,245 | 25,724 | 20,475 | ||||||||||||
| Earnings available for fixed charges |
$ | 55,251 | $ | 766,551 | $ | 600,003 | $ | 802,872 | $ | 789,604 | $ | 749,156 | ||||||
| Fixed Charges: |
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| Interest expense |
$ | 13,623 | $ | 71,843 | $ | 81,944 | $ | 70,974 | $ | 79,853 | $ | 76,490 | ||||||
| Appropriate portion of rents (a) |
8,284 | 34,439 | 29,833 | 28,245 | 25,724 | 20,475 | ||||||||||||
| Fixed charges |
$ | 21,907 | $ | 106,282 | $ | 111,777 | $ | 99,219 | $ | 105,577 | $ | 96,965 | ||||||
| Ratio of earnings to fixed charges |
2.52 X | 7.21 X | 5.37 X | 8.09 X | 7.48 X | 7.73 X | ||||||||||||
| (a) | Portion of rental expenses that is deemed representative of an interest factor, which is one-third of total rental expense. |