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Previous: SABRE HOLDING CORP, 10-Q, EX-10.2, 2000-08-14 |
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<TABLE>
<CAPTION>
EXHIBIT 12.1
SABRE HOLDINGS CORPORATION
COMPUTATION OF RATIO OF EARNINGS
TO FIXED CHARGES
(IN THOUSANDS)
SIX MONTHS ENDED
JUNE 30, 2000
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<S> <C>
EARNINGS:
Earnings before taxes $ 218,387
Minority interests in consolidated subsidiaries (14,907)
Income from equity investees (9,422)
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Earnings before taxes, minority interests and earnings from equity investees 194,058
Add: Total fixed charges (per below) 18,589
Distributed income of equity investees 6,402
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Total earnings $ 219,049
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FIXED CHARGES:
Interest expensed $ 8,537
Estimate of interest within rental expense (1) 10,052
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Total fixed charges $ 18,589
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Ratio of earnings to fixed charges 11.78
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</TABLE>
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(1) Fixed charges include the estimated interest component of rent expense
(one-third of rent expense under operating leases).
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