Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - EURONET WORLDWIDE, INC.eeft12312016ex322.htm
EX-32.1 - EXHIBIT 32.1 - EURONET WORLDWIDE, INC.eeft12312016ex321.htm
EX-31.2 - EXHIBIT 31.2 - EURONET WORLDWIDE, INC.eeft12312016ex312.htm
EX-31.1 - EXHIBIT 31.1 - EURONET WORLDWIDE, INC.eeft12312016ex311.htm
EX-23.1 - EXHIBIT 23.1 - EURONET WORLDWIDE, INC.eeft12312016ex231.htm
EX-21.1 - EXHIBIT 21.1 - EURONET WORLDWIDE, INC.eeft12312016ex211.htm
10-K - 10-K - EURONET WORLDWIDE, INC.eeft1231201610k.htm


Exhibit 12.1
EURONET WORLDWIDE, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)

 
 
Year Ended December 31,
(dollar amounts in thousands)
 
2016
 
2015
 
2014
Pretax income before adjustment for income from unconsolidated subsidiaries
 
$
232,893

 
$
141,094

 
$
141,549

Add:
 
 
 
 
 
 
Fixed charges
 
36,456

 
31,277

 
18,641

  Dividends received
 

 

 

Adjusted pretax income
 
$
269,349

 
$
172,371

 
$
160,190

Fixed charges:
 
 
 
 
 
 
Interest expense
 
$
28,332

 
$
24,814

 
$
12,330

Estimate of interest within rental expense
 
8,124

 
6,463

 
6,311

Total fixed charges
 
$
36,456

 
$
31,277

 
$
18,641

Ratio of earnings to fixed charges
 
7.4

 
5.5

 
8.6