EXHIBIT 12
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TRANSAMERICA FINANCE CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Nine months ended September 30,
2000 1999
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(Dollar amounts in millions)
<S> <C> <C>
Fixed charges:
Interest and debt expense $ 457.9 $ 327.5
One-third of rental expense 17.6 18.0
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Total $ 475.5 $ 345.5
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Earnings:
Net income (loss) $ (54.1) $ 102.8
Provision for income taxes (21.8) 66.1
Fixed charges 475.5 345.5
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Total $ 399.6 $ 514.4
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Ratio of earnings to fixed charges 0.84 1.49
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