Exhibit 12.01

eBay Inc.

Computation of Ratio of Earnings to Fixed Charges

(In thousands, except ratio data)

 

     Nine months ended
September 30,
     2008    2009

Income Before Income Taxes, Noncontrolling Interest and Income/Loss of Equity Investees

   $ 1,711,815    $ 1,290,797

Add: Fixed Charges

     22,237      36,354
             

Earnings (1)

   $ 1,734,052    $ 1,327,151
             

Fixed Charges (2)

   $ 22,237    $ 36,354
             

Ratio of Earnings to Fixed Charges

     78.0      36.5

 

(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.