Attached files
file | filename |
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EX-10.7 - EXHIBIT 10.7 - CNO Financial Group, Inc. | cno03312015ex107.htm |
EX-31.1 - EXHIBIT 31.1 - CNO Financial Group, Inc. | cno03312015ex311.htm |
EX-10.4 - EXHIBIT 10.4 - CNO Financial Group, Inc. | cno03312015ex104.htm |
EX-31.2 - EXHIBIT 31.2 - CNO Financial Group, Inc. | cno03312015ex312.htm |
EX-10.6 - EXHIBIT 10.6 - CNO Financial Group, Inc. | cno03312015ex106.htm |
EX-10.3 - EXHIBIT 10.3 - CNO Financial Group, Inc. | cno03312015ex103.htm |
EX-32.2 - EXHIBIT 32.2 - CNO Financial Group, Inc. | cno03312015ex322.htm |
EX-10.5 - EXHIBIT 10.5 - CNO Financial Group, Inc. | cno03312015ex105.htm |
EX-10.1 - EXHIBIT 10.1 - CNO Financial Group, Inc. | cno03312015ex101.htm |
EX-10.2 - EXHIBIT 10.2 - CNO Financial Group, Inc. | cno03312015ex102.htm |
EX-32.1 - EXHIBIT 32.1 - CNO Financial Group, Inc. | cno03312015ex321.htm |
EXCEL - IDEA: XBRL DOCUMENT - CNO Financial Group, Inc. | Financial_Report.xls |
10-Q - 10-Q - CNO Financial Group, Inc. | cno0331201510-q.htm |
EX-4.1 - EXHIBIT 4.1 - CNO Financial Group, Inc. | cno03312015ex41.htm |
Exhibit 12.1
CNO FINANCIAL GROUP, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions)
Three months | |||||||
ended | Year ended | ||||||
March 31, 2015 | December 31, 2014 | ||||||
Pretax income from operations: | |||||||
Net income | $ | 52.8 | $ | 51.4 | |||
Add income tax expense | 29.5 | 123.7 | |||||
Pretax income from operations | 82.3 | 175.1 | |||||
Add fixed charges: | |||||||
Interest expense on corporate debt | 10.5 | 43.9 | |||||
Interest expense on investment borrowings and borrowings related to variable interest entities | 11.0 | 48.9 | |||||
Interest added to policyholder account balances | 31.6 | 173.0 | |||||
Portion of rental (a) | 4.0 | 15.1 | |||||
Fixed charges | 57.1 | 280.9 | |||||
Adjusted earnings | $ | 139.4 | $ | 456.0 | |||
Ratio of earnings to fixed charges | 2.44X | 1.62X |
____________________
(a) | Interest portion of rental is estimated to be 33 percent. |