Exhibit 12.01
eBay, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands, except ratio data)
| Three Months Ended March 31, 2008 |
Three Months Ended March 31, 2009 | |||||
| Income Before Income Taxes, Minority Interest |
$ | 586,056 | $ | 442,797 | ||
| Add: Fixed Charges |
8,390 | 10,734 | ||||
| Earnings (1) |
$ | 594,447 | $ | 453,531 | ||
| Fixed Charges (2) |
$ | 8,390 | $ | 10,734 | ||
| Ratio of Earnings to Fixed Charges |
70.8 | 42.3 | ||||
| (1) | Earnings consist of income before income taxes, minority interest and equity in gains and losses of equity-method investees plus Fixed Charges. |
| (2) | 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. |