Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - MERRILL LYNCH PREFERRED FUNDING III LP | Financial_Report.xls |
| EX-32.1 - EXHIBIT 32.1 - MERRILL LYNCH PREFERRED FUNDING III LP | ml-6302012xtoprsiiixex321.htm |
| EX-31.2 - EXHIBIT 31.2 - MERRILL LYNCH PREFERRED FUNDING III LP | ml-6302012xtoprsiiixex312.htm |
| EX-31.1 - EXHIBIT 31.1 - MERRILL LYNCH PREFERRED FUNDING III LP | ml-6302012xtoprsiiixex311.htm |
| EX-32.2 - EXHIBIT 32.2 - MERRILL LYNCH PREFERRED FUNDING III LP | ml-6302012xtoprsiiixex322.htm |
| 10-Q - FORM 10-Q - MERRILL LYNCH PREFERRED FUNDING III LP | ml-6302012xtoprsiiix10q.htm |
EXHIBIT 12
MERRILL LYNCH PREFERRED CAPITAL TRUST III
MERRILL LYNCH PREFERRED FUNDING III, L.P.
COMPUTATION OF RATIOS OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERRED SECURITIES DISTRIBUTIONS (UNAUDITED)
(dollars in thousands)
FOR THE THREE MONTHS ENDED June 30, 2012 | FOR THE THREE MONTHS ENDED June 30, 2011 | |||||||||||||||
MERRILL LYNCH PREFERRED CAPITAL TRUST III | MERRILL LYNCH PREFERRED FUNDING III, L.P. | MERRILL LYNCH PREFERRED CAPITAL TRUST III | MERRILL LYNCH PREFERRED FUNDING III, L.P. | |||||||||||||
Earnings | $ | 13,531 | $ | 15,761 | $ | 13,531 | $ | 15,764 | ||||||||
Fixed charges | $ | — | $ | — | $ | — | $ | — | ||||||||
Preferred securities distribution requirements | 13,125 | 13,531 | 13,125 | 13,531 | ||||||||||||
Total combined fixed charges and preferred securities distribution requirements | $ | 13,125 | $ | 13,531 | $ | 13,125 | $ | 13,531 | ||||||||
Ratio of earnings to combined fixed charges and preferred securities distribution requirements | 1.03 | 1.16 | 1.03 | 1.17 | ||||||||||||
FOR THE SIX MONTHS ENDED June 30, 2012 | FOR THE SIX MONTHS ENDED June 30, 2011 | |||||||||||||||
MERRILL LYNCH PREFERRED CAPITAL TRUST III | MERRILL LYNCH PREFERRED FUNDING III, L.P. | MERRILL LYNCH PREFERRED CAPITAL TRUST III | MERRILL LYNCH PREFERRED FUNDING III, L.P. | |||||||||||||
Earnings | $ | 27,062 | $ | 31,523 | $ | 27,062 | $ | 31,530 | ||||||||
Fixed charges | $ | — | $ | — | $ | — | $ | — | ||||||||
Preferred securities distribution requirements | 26,250 | 27,062 | 26,250 | 27,062 | ||||||||||||
Total combined fixed charges and preferred securities distribution requirements | $ | 26,250 | $ | 27,062 | $ | 26,250 | $ | 27,062 | ||||||||
Ratio of earnings to combined fixed charges and preferred securities distribution requirements | 1.03 | 1.16 | 1.03 | 1.17 | ||||||||||||