Attached files
| file | filename |
|---|---|
| 10-K - SLFC 10-K FOR THE YEAR ENDED 12/31/2010 - ONEMAIN FINANCE CORP | cor1210.htm |
| EX-32 - SLFC EXHIBIT 32 FOR THE YEAR ENDED 12/31/2010 - ONEMAIN FINANCE CORP | x32c1210.htm |
| EX-31.1 - SLFC EXHIBIT 31.1 FOR THE YEAR ENDED 12/31/2010 - ONEMAIN FINANCE CORP | x311c1210.htm |
| EX-31.2 - SLFC EXHIBIT 31.2 FOR THE YEAR ENDED 12/31/2010 - ONEMAIN FINANCE CORP | x312c1210.htm |
| EX-21 - SLFC EXHIBIT 21 FOR THE YEAR ENDED 12/31/2010 - ONEMAIN FINANCE CORP | x21c1210.htm |
| EX-3.(II) - SLFC AMENDED BYLAWS - ONEMAIN FINANCE CORP | bylawsslfc.htm |
| EX-10 - SLFI EXECUTIVE SEVERANCE PLAN - ONEMAIN FINANCE CORP | executiveseveranceplan.htm |
| EX-3.(I) - SLFC AMENDED ARTICLES OF INCORPORATION - ONEMAIN FINANCE CORP | articlesofincorporationslfc.htm |
| EX-10 - SLFI SALE COMPLETION INCENTIVE PROGRAM - ONEMAIN FINANCE CORP | salecompletionincentiveprogr.htm |
Exhibit 12
Springleaf Finance Corporation and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
| Successor Company |
|
| Predecessor Company |
|
|
(dollars in thousands) | One Month Ended December 31, 2010 | Eleven Months Ended November 30, 2010 | Year Ended December 31, 2009 | Year Ended December 31, 2008 | Year Ended December 31, 2007 | Year Ended December 31, 2006 |
Earnings: Income (loss) before (benefit from) provision for income taxes | $1,468,649 | $ (244,540) | $ (888,647) | $ (924,693) | $ 106,512 | $ 662,656 |
Interest expense | 117,676 | 978,364 | 1,050,164 | 1,209,920 | 1,205,610 | 1,125,415 |
Implicit interest in rents | 1,207 | 13,751 | 19,287 | 26,592 | 21,339 | 20,152 |
Total earnings | $1,587,532 | $ 747,575 | $ 180,804 | $ 311,819 | $1,333,461 | $1,808,223 |
Fixed charges: Interest expense | $ 117,676 | $ 978,364 | $1,050,164 | $1,209,920 | $1,205,610 | $1,125,415 |
Implicit interest in rents | 1,207 | 13,751 | 19,287 | 26,592 | 21,339 | 20,152 |
Total fixed charges | $ 118,883 | $ 992,115 | $1,069,451 | $1,236,512 | $1,226,949 | $1,145,567 |
Ratio of earnings to fixed charges* | 13.35 | 0.75 | 0.17 | 0.25 | 1.09 | 1.58 |
*
Earnings were inadequate to cover total fixed charges by $244.5 million during the eleven months ended November 30, 2010, $888.6 million in 2009, and $924.7 million in 2008.
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