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Previous: WADDELL & REED FINANCIAL INC, S-3/A, EX-4, 2000-09-07 |
Next: WADDELL & REED FINANCIAL INC, S-3/A, EX-23, 2000-09-07 |
Exhibit 12
WADDELL & REED FINANCIAL, INC.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(in Thousands, except for ratio data)
Six Months Ended
6/30/2000 6/30/1999
--------- ---------
Earnings:
Income before income taxes 113,995 72,126
Fixed Charges (Interest Expense) 6,767 2,006
------- ------
120,763 74,571
Fixed Charges:
Interest Expense 6,767 2,006
===== =====
Earnings to fixed charges ratio 17.85 36.98
<TABLE>
<CAPTION>
Year Ended December 31,
1999 1998 1997 1996 1995
---- ---- ---- ---- ----
<S> <C> <C> <C> <C> <C>
Earnings:
Income before income taxes 132,025 142,152 N/A(1) N/A(1) N/A(1)
Fixed Charges (Interest Expense) 6,546 704
------- -------
138,571 142,856
</TABLE>
Fixed Charges:
Interest Expense 6,546 704
===== ====
Earnings to fixed charges ratio 21.17 202.92
(1) During these periods, the Company had no long or short term borrowings
outstanding.
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