Crown Consultants S-4 Registration of securities issued in business combination transactions

Exhibit 12

	Year Ended														Three Months Ended
	December 31 2012		December 31 2013			December 31 2014			December 31 2015			December 31 2016			March 31 2017
Computation of Earnings:
Income before income taxes, minority interests and equity earnings	$	636	$	576		$	516		$	639		$	769		$	179
Adjustments to income:
Add: Distributed income from less than 50% owned companies		1		1			—			—			—			—
Add: Fixed charges as presented below		256		262			275			290			270			66
Subtract: Interest capitalized		9		(5	)		(1	)		(2	)		(9	)		(2	)
Add: Amortization of interest previously capitalized		—		1			1			2			3			1
Earnings	$	902	$	835		$	791		$	929		$	1,033		$	244
Computation of Fixed Charges:
Interest incurred	$	214	$	226		$	239		$	253		$	227		$	57
Interest capitalized		9		5			1			2			9			2
Amortization of debt related costs		12		10			14			17			16			3
Portion of rental expense representative of interest (1)		21		21			21			18			18			4
Total fixed charges	$	256	$	262		$	275		$	290		$	270		$	66
Ratio of earnings to fixed charges		3.5		3.2			2.9			3.2			3.8			3.7

(1) One-third of net rent expense is the portion deemed representative of the interest factor.