- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
|
Exhibit 12.1
Twenty-First Century Fox, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in Millions, Except Ratio Amounts)
(Unaudited)
|
| Fiscal years ended June 30, |
| |||||||||||||||||
|
| 2015 |
|
| 2014 |
|
| 2013 |
|
| 2012 |
|
| 2011 |
| |||||
Earnings: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Income from continuing operations before income tax expense |
| $ | 9,847 |
|
| $ | 5,189 |
|
| $ | 8,736 |
|
| $ | 4,463 |
|
| $ | 3,098 |
|
Add: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity earnings of affiliates |
|
| (904 | ) |
|
| (622 | ) |
|
| (655 | ) |
|
| (636 | ) |
|
| (352 | ) |
Cash distributions received from affiliates |
|
| 352 |
|
|
| 358 |
|
|
| 324 |
|
|
| 281 |
|
|
| 252 |
|
Fixed charges, excluding capitalized interest |
|
| 1,303 |
|
|
| 1,267 |
|
|
| 1,217 |
|
|
| 1,186 |
|
|
| 1,125 |
|
Amortization of capitalized interest |
|
| 30 |
|
|
| 40 |
|
|
| 42 |
|
|
| 37 |
|
|
| 44 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total earnings available for fixed charges |
| $ | 10,628 |
|
| $ | 6,232 |
|
| $ | 9,664 |
|
| $ | 5,331 |
|
| $ | 4,167 |
|
Fixed charges: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest on debt and finance lease charges |
| $ | 1,198 |
|
| $ | 1,121 |
|
| $ | 1,063 |
|
| $ | 1,032 |
|
| $ | 962 |
|
Capitalized interest |
|
| 26 |
|
|
| 28 |
|
|
| 41 |
|
|
| 42 |
|
|
| 44 |
|
Interest element on rental expense |
|
| 105 |
|
|
| 146 |
|
|
| 154 |
|
|
| 154 |
|
|
| 163 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total fixed charges |
| $ | 1,329 |
|
| $ | 1,295 |
|
| $ | 1,258 |
|
| $ | 1,228 |
|
| $ | 1,169 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
| 8.0 |
|
|
| 4.8 |
|
|
| 7.7 |
|
|
| 4.3 |
|
|
| 3.6 |
|