Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - AGNC Investment Corp. | Financial_Report.xls |
| EX-23 - EXHIBIT 23 - AGNC Investment Corp. | agncexhibit2312311410-k.htm |
| EX-32 - EXHIBIT 32 - AGNC Investment Corp. | agncexhibit3212311410-k.htm |
| EX-24 - EXHIBIT 24 - AGNC Investment Corp. | agncexhibit2412311410-k.htm |
| EX-31.1 - EXHIBIT 31.1 - AGNC Investment Corp. | agncexhibit31112311410-k.htm |
| 10-K - 10-K - AGNC Investment Corp. | agnc10k123114.htm |
| EX-31.2 - EXHIBIT 31.2 - AGNC Investment Corp. | agncexhibit31212311410-k.htm |
Exhibit 12.1
Ratio of Earnings to Fixed Charges and Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends
The following table sets forth the calculation of our ratio of earnings to fixed charges and our ratio of earnings to combined fixed charges and preferred stock dividends for the periods shown (in millions):
Fiscal Year | ||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
Ratio of earnings to fixed charges: | ||||||||||||||||||||
Fixed charges 1 | $ | 372 | $ | 536 | $ | 512 | $ | 285 | $ | 76 | ||||||||||
Net (loss) income available to common shareholders before provision for income taxes | (256 | ) | 1,258 | 1,286 | 776 | 288 | ||||||||||||||
Earnings | $ | 116 | $ | 1,794 | $ | 1,798 | $ | 1,061 | $ | 364 | ||||||||||
Ratio of earnings to fixed charges | 0.31 | 3.35 | 3.51 | 3.72 | 4.79 | |||||||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends: | ||||||||||||||||||||
Fixed charges 1 | $ | 372 | $ | 536 | $ | 512 | $ | 285 | $ | 76 | ||||||||||
Preferred stock dividends 2 | 23 | 14 | 10 | — | — | |||||||||||||||
Combined fixed charges and preferred stock dividends | 395 | 550 | 522 | 285 | 76 | |||||||||||||||
Net (loss) income available to common shareholders before provision for income taxes | (256 | ) | 1,258 | 1,286 | 776 | 288 | ||||||||||||||
Earnings | $ | 139 | $ | 1,808 | $ | 1,808 | $ | 1,061 | $ | 364 | ||||||||||
Ratio of earnings to combined fixed charges and preferred stock dividends | 0.35 | 3.29 | 3.46 | 3.72 | 4.79 | |||||||||||||||
_________________________
1. | Fixed charges consist of interest expense, as defined under U.S. generally accepted accounting principles, on all indebtedness. |
2. | No preferred stock was outstanding during fiscal years 2011 and 2010. |