Exhibit 12.1
EDWARDS LIFESCIENCES CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
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| Six |
| Year ended December 31, |
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| 2013 |
| 2012 |
| 2011 |
| 2010 |
| 2009 |
| 2008 |
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| (Dollars in millions) |
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Earnings: |
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Income before provision for income taxes |
| $ | 313.9 |
| $ | 391.1 |
| $ | 283.6 |
| $ | 268.2 |
| $ | 304.4 |
| $ | 164.4 |
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Add: |
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Fixed charges |
| 3.1 |
| 4.9 |
| 3.5 |
| 2.7 |
| 3.1 |
| 7.5 |
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Distributed income of equity investees |
| — |
| 0.4 |
| — |
| 0.7 |
| 0.9 |
| 0.8 |
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Earnings, as adjusted |
| $ | 317.0 |
| $ | 396.4 |
| $ | 287.1 |
| $ | 271.6 |
| $ | 308.4 |
| $ | 172.7 |
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Fixed charges: |
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Interest expense |
| $ | 2.8 |
| $ | 4.4 |
| $ | 3.1 |
| $ | 2.4 |
| $ | 2.7 |
| $ | 7.2 |
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Amortized premiums, discounts and capitalized expenses related to indebtedness |
| 0.3 |
| 0.5 |
| 0.4 |
| 0.3 |
| 0.4 |
| 0.3 |
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Fixed charges |
| $ | 3.1 |
| $ | 4.9 |
| $ | 3.5 |
| $ | 2.7 |
| $ | 3.1 |
| $ | 7.5 |
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Ratio of earnings to fixed charges |
| 103.5 |
| 81.0 |
| 81.2 |
| 99.9 |
| 100.4 |
| 23.0 |
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