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As Of Filer Filing For·On·As Docs:Size Issuer Agent 7/02/08 Oracle Corp 10-K 5/31/08 7:1.8M RR Donnelley |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 1.33M 2: EX-12.01 Statement re: Computation of Ratios HTML 14K 3: EX-21.01 Subsidiaries of the Registrant HTML 71K 4: EX-23.01 Consent of Experts or Counsel HTML 8K 5: EX-31.01 Certification per Sarbanes-Oxley Act (Section 302) HTML 13K 6: EX-31.02 Certification per Sarbanes-Oxley Act (Section 302) HTML 13K 7: EX-32.01 Certification per Sarbanes-Oxley Act (Section 906) HTML 9K
| exv12w01 |
| Year Ended May 31, | ||||||||||||||||||||
| (Unaudited) | ||||||||||||||||||||
| (Dollars in millions) | 2008 | 2007 | 2006 | 2005 | 2004 | |||||||||||||||
Earnings(1) |
||||||||||||||||||||
Income before provision for income taxes |
$ | 7,834 | $ | 5,986 | $ | 4,810 | $ | 4,051 | $ | 3,945 | ||||||||||
Add: Minority interests |
60 | 71 | 41 | 42 | 37 | |||||||||||||||
Add: Fixed charges |
454 | 380 | 205 | 173 | 59 | |||||||||||||||
Less: Equity in earnings |
— | — | (14 | ) | — | — | ||||||||||||||
Total earnings |
$ | 8,348 | $ | 6,437 | $ | 5,042 | $ | 4,266 | $ | 4,041 | ||||||||||
Fixed Charges(2) |
||||||||||||||||||||
Interest expense |
$ | 394 | $ | 343 | $ | 169 | $ | 139 | $ | 21 | ||||||||||
Estimate of interest in rent expense |
60 | 37 | 36 | 34 | 38 | |||||||||||||||
Total fixed charges |
$ | 454 | $ | 380 | $ | 205 | $ | 173 | $ | 59 | ||||||||||
Ratio of earnings to fixed charges |
18x | 17x | 25x | 25x | 68x | |||||||||||||||
| (1) | The term “earnings” means the amounts resulting from the following: (a) our income before provision for income taxes, plus (b) the minority interests in the income before provision for income taxes of our majority owned subsidiaries, plus (c) our fixed charges, less (d) our share of our equity investee’s income before provision for income taxes. | |
| (2) | The term “fixed charges” means the amounts resulting from the following: (a) our interest expensed, plus (b) our interest capitalized, plus (c) our estimate of the interest component of rent expense. |
