MERRILL LYNCH PREFERRED FUNDING IV LP - FORM 10-Q - EX-12 - EXHIBIT 12 - August 12, 2011

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - MERRILL LYNCH PREFERRED FUNDING IV LPFinancial_Report.xls
10-Q - FORM 10-Q - MERRILL LYNCH PREFERRED FUNDING IV LPc20541e10vq.htm
EX-32.2 - EXHIBIT 32.2 - MERRILL LYNCH PREFERRED FUNDING IV LPc20541exv32w2.htm
EX-99.1 - EXHIBIT 99.1 - MERRILL LYNCH PREFERRED FUNDING IV LPc20541exv99w1.htm
EX-31.2 - EXHIBIT 31.2 - MERRILL LYNCH PREFERRED FUNDING IV LPc20541exv31w2.htm
EX-32.1 - EXHIBIT 32.1 - MERRILL LYNCH PREFERRED FUNDING IV LPc20541exv32w1.htm
EX-31.1 - EXHIBIT 31.1 - MERRILL LYNCH PREFERRED FUNDING IV LPc20541exv31w1.htm
EXHIBIT 12
MERRILL LYNCH PREFERRED CAPITAL TRUST IV
MERRILL LYNCH PREFERRED FUNDING IV, L.P.
COMPUTATION OF RATIOS OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERRED SECURITIES DISTRIBUTIONS (UNAUDITED)
(dollars in thousands)
                                 
    FOR THE THREE MONTHS ENDED     FOR THE THREE MONTHS ENDED  
    June 30, 2011     June 30, 2010  
    MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH  
    PREFERRED     PREFERRED     PREFERRED     PREFERRED  
    CAPITAL TRUST IV     FUNDING IV, L.P.     CAPITAL TRUST IV     FUNDING IV, L.P.  
Earnings
   $ 7,340     $ 8,552     $ 7,340     $ 8,551  
 
                        
 
                                
Fixed charges
   $ —     $ —     $ —     $ —  
 
                                
Preferred securities distribution requirements
     7,120       7,340       7,120       7,340  
 
                        
 
                                
Total combined fixed charges and preferred securities distribution requirements
   $ 7,120     $ 7,340     $ 7,120     $ 7,340  
 
                        
 
                                
Ratio of earnings to combined fixed charges and preferred securities distribution requirements
     1.03       1.17       1.03       1.16  
 
                                
    FOR THE SIX MONTHS ENDED     FOR THE SIX MONTHS ENDED  
    June 30, 2011     June 30, 2010  
    MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH     MERRILL LYNCH  
    PREFERRED     PREFERRED     PREFERRED     PREFERRED  
    CAPITAL TRUST IV     FUNDING IV, L.P.     CAPITAL TRUST IV     FUNDING IV, L.P.  
Earnings
   $ 14,680     $ 17,104     $ 14,680     $ 17,103  
 
                        
 
                                
Fixed charges
   $ —     $ —     $ —     $ —  
 
                                
Preferred securities distribution requirements
     14,240       14,680       14,240       14,680  
 
                        
 
                                
Total combined fixed charges and preferred securities distribution requirements
   $ 14,240     $ 14,680     $ 14,240     $ 14,680  
 
                        
 
                                
Ratio of earnings to combined fixed charges and preferred securities distribution requirements
     1.03       1.17       1.03       1.17  

 

 

MERRILL LYNCH PREFERRED FUNDING IV LP Reports