Annual Report — [x] Reg. S-K Item 405 — Form 10-K
Filing Table of Contents
Document/Exhibit Description Pages Size
1: 10-K405 Form 10-K 29 196K
2: EX-10.A Retirement Plan for Nonofficer Directors, 2 10K
Amendment
3: EX-10.D Senior Management Incentive Plan, Amendment 1 8K
4: EX-10.I 1992 Management Stock Plan, Amendment 1 7K
5: EX-10.L Supplemental Benefits Agreement 3 9K
6: EX-10.O Severance Pay Program 22 91K
7: EX-10.P General Release and Settlement Agreement 13 53K
8: EX-11 Computation of Earnings Per Share 2± 10K
9: EX-12.A Ratios of Earnings 3 16K
10: EX-12.B Pro Forma Combined Ratios of Earnings 2 11K
11: EX-13 1995 Bankamerica Corp. Annual Report to S/H 164± 699K
12: EX-21 Bankamerica Corporation Subsidiaries 7 41K
13: EX-23 Consent of Independent Auditors 1 13K
14: EX-24 Powers of Attorney 15 25K
15: EX-27 Financial Data Schedule 2 13K
EX-12.B — Pro Forma Combined Ratios of Earnings
EX-12.B | 1st Page of 2 | TOC | ↑Top | Previous | Next | ↓Bottom | Just 1st |
---|
Exhibit 12(b)
Page 1 of 2
BANKAMERICA CORPORATION
HISTORICAL AND PRO FORMA COMBINED RATIO OF EARNINGS
TO FIXED CHARGES AND RATIO OF EARNINGS TO
COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS
The ratio of earnings to fixed charges is computed by dividing earnings by
fixed charges. The ratio of earnings to combined fixed charges and preferred
stock dividends is computed by dividing earnings by the sum of fixed charges and
preferred stock dividend requirements. Earnings consist primarily of income
(loss) before income taxes adjusted for fixed charges. Fixed charges consist
primarily of interest expense on short- and long-term borrowings and one-third
(the portion deemed representative of the interest factor) of net rents under
long-term leases.
The following table sets forth (i) the historical ratios of earnings to fixed
charges and the ratios of earnings to combined fixed charges and preferred stock
dividends for the year ended December 31, 1992 for BankAmerica Corporation and
its consolidated subsidiaries (BAC) and for Security Pacific Corporation and its
consolidated subsidiaries (SPC) and (ii) the pro forma combined ratios of
earnings to fixed charges and ratios of earnings to combined fixed charges and
preferred stock dividends for the year ended December 31, 1992, giving effect to
the April 22, 1992 merger between BAC and SPC (the Merger) as if it had been
consummated on January 1, 1991. The pro forma combined ratio has been
calculated using the pro forma combined financial information for the year ended
December 31, 1992, and should be read in conjunction with and is qualified in
its entirety by such pro forma combined information included in the 1994 Annual
Report to Shareholders. Pro forma adjustments made to arrive at the pro forma
combined ratio are based on the purchase method of accounting and are based upon
actual amounts recorded by BAC subsequent to the effective time of the Merger.
Exhibit 12(b)
Page 2 of 2
[Download Table]
Year Ended
December 31, 1992
------------------------------
Historical Pro Forma
------------- ---------
BAC/a/ SPC Combined
----- --- --------
RATIO OF EARNINGS TO FIXED CHARGES
Excluding interest on deposits 3.18 /b/ 2.05
Including interest on deposits 1.53 /b/ 1.27
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
AND PREFERRED STOCK DIVIDENDS
Excluding interest on deposits 2.55 /b/ 1.87
Including interest on deposits 1.45 /b/ 1.26
----------
/a/ This financial information reflects the effects of the Merger subsequent to
the Merger's consummation on April 22, 1992.
/b/ Because the Merger was consummated on April 22, 1992, there is no year-to-
date data for SPC.
These pro forma combined ratios are intended for informational purposes and
are not necessarily indicative of the future ratios of earnings to fixed charges
and ratios of earnings to combined fixed charges and preferred stock dividends
of the combined company or the ratios of earnings to fixed charges and ratios of
earnings to combined fixed charges and preferred stock dividends of the combined
company that would have actually occurred had the Merger been effective on
January 1, 1991.
Dates Referenced Herein
| Referenced-On Page |
---|
This ‘10-K405’ Filing | | Date | | First | | Last | | | Other Filings |
---|
| | |
Filed on: | | 3/15/96 | | | | | | | None on these Dates |
For Period End: | | 12/31/95 |
| | 12/31/92 | | 1 | | 2 |
| | 4/22/92 | | 1 | | 2 |
| List all Filings |
↑Top
Filing Submission 0000898430-96-000858 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
About — Privacy — Redactions — Help —
Thu., Mar. 28, 6:03:46.1pm ET