Attached files
| file | filename |
|---|---|
| EX-21 - SLFI EXHIBIT 21 FOR THE YEAR ENDED 12/31/2010 - AMERICAN GENERAL FINANCE INC | x21i1210.htm |
| EX-31.1 - SLFI EXHIBIT 31.1 FOR THE YEAR ENDED 12/31/2010 - AMERICAN GENERAL FINANCE INC | x311i1210.htm |
| EX-32 - SLFI EXHIBIT 32 FOR THE YEAR ENDED 12/31/2010 - AMERICAN GENERAL FINANCE INC | x32i1210.htm |
| EX-10 - SLFI SALE COMPLETION INCENTIVE PROGRAM - AMERICAN GENERAL FINANCE INC | salecompletionincentiveprogr.htm |
| 10-K - SLFI 10-K FOR THE YEAR ENDED 12/31/2010 - AMERICAN GENERAL FINANCE INC | inc1210.htm |
| EX-31.2 - SLFI EXHIBIT 31.2 FOR THE YEAR ENDED 12/31/2010 - AMERICAN GENERAL FINANCE INC | x312i1210.htm |
| EX-3.(II) - SLFI AMENDED BYLAWS - AMERICAN GENERAL FINANCE INC | bylawsslfi.htm |
| EX-10 - SLFI EXECUTIVE SEVERANCE PLAN - AMERICAN GENERAL FINANCE INC | executiveseveranceplan.htm |
| EX-3.(I) - SLFI AMENDED ARTICLES OF INCORPORATION - AMERICAN GENERAL FINANCE INC | articlesofincorporationslfi.htm |
Exhibit 12
Springleaf Finance, Inc. 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 | $1,470,771 | $ (264,728) | $ (909,190) | $ (950,693) | $ 142,043 | $ 638,621 |
Interest expense | 118,693 | 996,469 | 1,091,163 | 1,254,094 | 1,257,188 | 1,175,210 |
Implicit interest in rents | 1,207 | 13,751 | 19,738 | 27,093 | 21,833 | 20,631 |
Total earnings | $1,590,671 | $ 745,492 | $ 201,711 | $ 330,494 | $1,421,064 | $1,834,462 |
Fixed charges: Interest expense | $ 118,693 | $ 996,469 | $1,091,163 | $1,254,094 | $1,257,188 | $1,175,210 |
Implicit interest in rents | 1,207 | 13,751 | 19,738 | 27,093 | 21,833 | 20,631 |
Total fixed charges | $ 119,900 | $1,010,220 | $1,110,901 | $1,281,187 | $1,279,021 | $1,195,841 |
Ratio of earnings to fixed charges* | 13.27 | 0.74 | 0.18 | 0.26 | 1.11 | 1.53 |
*
Earnings were inadequate to cover total fixed charges by $264.7 million during the eleven months ended November 30, 2010, $909.2 million in 2009, and $950.7 million in 2008.
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