Cencora (COR) 8-K Entry into a Material Definitive Agreement

Exhibit 12.1

AmerisourceBergen Corporation

Computation of Ratio of Earnings to Fixed Charges

	Fiscal Year Ended September 30,										Six Months Ended March 31,
(in thousands, except ratios)	2009		2010		2011		2012		2013		2014
Determination of earnings:
Income from continuing operations before income taxes	$	820,358	$	1,012,176	$	1,117,989	$	1,216,873	$	824,458	$	426,818
Add:
Loss (income) on equity investments	1,109		700		607		380		113		(719		)
Fixed charges (excluding capitalized interest)	68,236		83,003		85,960		103,746		86,989		44,611
Amortization of capitalized interest	1,024		1,098		1,193		1,443		1,635		838
Total earnings available for fixed charges	$	890,727	$	1,096,977	$	1,205,749	$	1,322,442	$	913,195	$	471,548
Fixed charges:
Interest expense	$	59,186	$	74,101	$	78,329	$	94,369	$	75,047	$	38,621
Capitalized interest	2,984		6,618		3,367		504		—		—
Estimated interest portion of rent expense	9,050		8,902		7,631		9,377		11,942		5,990
Total fixed charges	$	71,220	$	89,621	$	89,327	$	104,250	$	86,989	$	44,611
Ratio of earnings to fixed charges	12.5		12.2		13.5		12.7		10.5		10.6