Exhibit
12.01
eBay,
Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio data)
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Year Ended December 31,
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2004
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2005
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2006
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2007
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2008
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Income Before Income Taxes, Minority Interest and Income/Loss of
Equity Investees
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$
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1,127,705
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$
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1,546,390
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$
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1,541,600
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$
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757,388
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(3)
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$
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2,193,530
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Add: Fixed Charges
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14,535
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10,589
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16,562
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31,437
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34,232
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Earnings(1)
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$
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1,142,240
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$
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1,556,979
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$
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1,558,162
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$
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788,825
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$
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2,227,762
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Fixed Charges(2)
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$
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14,535
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$
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10,589
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$
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16,562
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$
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31,437
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$
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34,232
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Ratio of Earnings to Fixed Charges
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78.6
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147.0
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94.1
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25.1
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65.1
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(1) |
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Earnings consist of Income Before Income Taxes, Minority
Interest and Income/Loss of Equity Investees plus Fixed Charges. |
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(2) |
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Fixed Charges consist of interest expense and our estimate of an
appropriate portion of rentals representative of the interest
factor. The estimate of interest within rental expense is
estimated to be one-third of rental expense. |
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(3) |
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For the year ended December 31, 2007, Income Before Income
Taxes, Minority Interest and Income/Loss of Equity Investees
includes an impairment loss of $1.4 billion related to our
Communications reporting unit. |
