Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - AMERICAN FINANCIAL GROUP INC | afg-201663010q.htm |
| EX-32 - EXHIBIT 32 - AMERICAN FINANCIAL GROUP INC | afg-2016630xex32.htm |
| EX-31.C - EXHIBIT 31.C - AMERICAN FINANCIAL GROUP INC | afg-2016630xex31c.htm |
| EX-31.B - EXHIBIT 31.B - AMERICAN FINANCIAL GROUP INC | afg-2016630xex31b.htm |
| EX-31.A - EXHIBIT 31.A - AMERICAN FINANCIAL GROUP INC | afg-2016630xex31a.htm |
Exhibit 12
AMERCIAN FINANCIAL GROUP, INC. AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)
Six months ended June 30, 2016 | Year ended December 31, 2015 | |||||||
Earnings before income taxes | $ | 292 | $ | 565 | ||||
Undistributed equity in earnings of investees | (9 | ) | (18 | ) | ||||
Fixed charges: | ||||||||
Interest on annuities | 451 | 732 | ||||||
Interest expense | 36 | 74 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 12 | 23 | ||||||
EARNINGS | $ | 783 | $ | 1,377 | ||||
Fixed charges: | ||||||||
Interest on annuities | $ | 451 | $ | 732 | ||||
Interest expense | 36 | 74 | ||||||
Debt discount, expense and other fixed charges | 1 | 1 | ||||||
Portion of rentals representing interest | 12 | 23 | ||||||
FIXED CHARGES | $ | 500 | $ | 830 | ||||
Ratio of Earnings to Fixed Charges | 1.57 | 1.66 | ||||||
Earnings in Excess of Fixed Charges | $ | 283 | $ | 547 | ||||
E-1