- 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. junior Avg
|
|
Exhibit 12.1
Twenty-First Century Fox, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in Millions, Except Ratio Amounts)
(Unaudited)
|
| For the nine months ended March 31, |
| |||||
|
| 2016 |
|
| 2015 |
| ||
Earnings: |
|
|
|
|
|
|
|
|
Income from continuing operations before income tax expense |
| $ | 3,608 |
|
| $ | 9,607 |
|
Add: |
|
|
|
|
|
|
|
|
Equity earnings of affiliates |
|
| (38 | ) |
|
| (959 | ) |
Cash distributions received from affiliates |
|
| 225 |
|
|
| 223 |
|
Fixed charges, excluding capitalized interest |
|
| 947 |
|
|
| 992 |
|
Amortization of capitalized interest |
|
| 17 |
|
|
| 24 |
|
|
|
|
|
|
|
|
|
|
Total earnings available for fixed charges |
| $ | 4,759 |
|
| $ | 9,887 |
|
|
|
|
|
|
|
|
|
|
Fixed charges: |
|
|
|
|
|
|
|
|
Interest on debt and finance lease charges |
| $ | 888 |
|
| $ | 907 |
|
Capitalized interest |
|
| 17 |
|
|
| 19 |
|
Interest element on rental expense |
|
| 59 |
|
|
| 85 |
|
|
|
|
|
|
|
|
|
|
Total fixed charges |
| $ | 964 |
|
| $ | 1,011 |
|
|
|
|
|
|
|
|
|
|
Ratio of earnings to fixed charges |
|
| 4.9 |
|
|
| 9.8 |
|