SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 7, 1995
...................... FRANKLIN RESOURCES, INC...................
(Exact name of registrant as specified in its charter)
.... DELAWARE .................. 1-9318 ..... 13-2670991 ........
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
777 MARINERS ISLAND BLVD., SAN MATEO, CALIFORNIA ...... 94404....
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code.(415) 312-3000
.................................................................
(Former name or former address, if changed since last report)
Item 5. Other Events
An exhibit is filed herewith in connection with the
Registration Statement on Form S-3, as amended, filed by
Franklin Resources, Inc. ("FRI") with the Securities and
Exchange Commission for the registration of debt
securities (No. 33-53147). The exhibit consists of the
computation of ratios of earnings to fixed charges for
the past five fiscal years and for the three month
period ended December 31, 1994, which is incorporated by
reference into such Registration Statement.
Item 7. Financial Statements and Exhibits
(c)Exhibits
Exhibit "12" - Computation of ratios of earnings to fixed
charges.
Exhibit 12
<TABLE>
<CAPTION>
COMPUTATION OF EARNINGS TO FIXED CHARGES
For Fiscal Years ending September 30,
(Dollars in thousands) 1994 1993 1992 1991 1990
<S> <C> <C> <C> <C> <C>
Income before taxes $362,521 $274,398 $204,748 $162,719 $144,423
Add fixed charges:
Interest expense 29,765 28,760 2,137 94 73
Interest factor on rent 5,045 4,603 2,735 2,475 2,139
Total fixed charges 34,810 33,363 4,872 2,569 2,212
Earnings before fixed charges
and taxes on income $397,331 $307,761 $209,620 $165,288 $146,635
Ratio of earnings to fixed
charges 11.4 9.2 43.0 64.3 66.3
Note: Fiscal year 1993 amounts have been revised to correspond to the income
statement reclassifications made in 1994.
<CAPTION>
For the three months ended December 31,
(Dollars in thousands) 1994 1993
<S> <C> <C>
Income before taxes $92,431 $89,135
Add fixed charges:
Interest expense 7,087 8,055
Interest factor on rent 1,492 1,331
Total fixed charges 8,579 9,386
Earnings before fixed charges
and taxes on income $101,010 $98,521
Ratio of earnings to fixed
charges 11.8 10.5
</TABLE>
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FRANKLIN RESOURCES, INC.
(Registrant)
Date: April 7, 1995 /s/ Leslie M. Kratter
LESLIE M. KRATTER,Vice President
