Attached files
| file | filename |
|---|---|
| EX-32.2 - EXHIBIT 32.2 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex32_2.htm |
| EX-32.1 - EXHIBIT 32.1 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex32_1.htm |
| EX-31.2 - EXHIBIT 31.2 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex31_2.htm |
| EX-31.1 - EXHIBIT 31.1 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex31_1.htm |
| EX-23.1 - EXHIBIT 23.1 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex23_1.htm |
| EX-21.1 - EXHIBIT 21.1 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex21_1.htm |
| EX-10.5 - EXHIBIT 10.5 - ANNALY CAPITAL MANAGEMENT INC | a51512528ex10_5.htm |
| 10-K - ANNALY CAPITAL MANAGEMENT, INC. 10-K - ANNALY CAPITAL MANAGEMENT INC | a51512528.htm |
ANNALY CAPITAL MANAGEMENT, INC. AND SUBSIDIARIES
Exhibit 12.1
Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends and Ratio of Earnings to Fixed Charges (Unaudited)
The following table sets forth the calculation of our ratio of earnings to combined fixed charges and preferred stock dividends for the years shown:
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For the Years Ended December 31,
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||||||||||||||||||||
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2016
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2015
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2014
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2013
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2012
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||||||||||||||||
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(dollars in thousands)
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Ratio of earnings to fixed charges:
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Fixed charges (interest expense)(1)
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$
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1,164,433
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$
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1,096,091
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$
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1,338,019
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$
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1,533,008
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$
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1,560,941
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||||||||||
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Net income (loss) available (attributable) to common shareholders before income taxes and noncontrolling interest(2)
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1,348,931
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391,825
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(908,922
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)
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3,665,943
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1,732,282
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||||||||||||||
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Earnings as adjusted
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$
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2,513,364
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$
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1,487,916
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$
|
429,097
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$
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5,198,951
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$
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3,293,223
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||||||||||
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Ratio of earnings to fixed charges
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2.16
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1.36
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0.32
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3.39
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2.11
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|||||||||||||||
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Ratio of earnings to combined fixed charges and preferred stock dividends:
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||||||||||||||||||||
|
Fixed charges (interest expense)(1)
|
$
|
1,164,433
|
$
|
1,096,091
|
$
|
1,338,019
|
$
|
1,533,008
|
$
|
1,560,941
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||||||||||
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Preferred stock dividend
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82,260
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71,968
|
71,968
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71,968
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39,530
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|||||||||||||||
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Combined fixed charges and preferred stock dividends
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1,246,693
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1,168,059
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1,409,987
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1,604,976
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1,600,471
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|||||||||||||||
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Net income (loss) available (attributable) to common shareholders before income taxes and noncontrolling interest(2)
|
1,348,931
|
391,825
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(908,922
|
)
|
3,665,943
|
1,732,282
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||||||||||||||
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Earnings as adjusted
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$
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2,595,624
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$
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1,559,884
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$
|
501,065
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$
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5,270,919
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$
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3,332,753
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||||||||||
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Ratio of earnings to combined fixed charges and preferred stock dividends
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2.08
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1.34
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0.36
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3.28
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2.08
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|||||||||||||||
| (1) |
Fixed charges include realized gains (losses) on interest rate swaps.
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| (2) |
Includes unrealized gains (losses) on investments and/or derivatives.
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