Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
TransUnion Corp. | ||||||||||||||||||||||||
Successor Six Months Ended June 30, 2013 | Predecessor and Successor Combined December 31, 2012 | Predecessor | ||||||||||||||||||||||
(dollars in millions) | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Interest Expense | $ | 51.0 | $ | 113.3 | $ | 126.4 | $ | 90.1 | $ | 4.0 | $ | 0.9 | ||||||||||||
Interest capitalized (on internally developed software) | 0.4 | 0.7 | 0.6 | 0.3 | — | — | ||||||||||||||||||
Amortized loan costs not recorded as interest expense | — | 0.1 | 1.6 | 2.7 | 0.3 | — | ||||||||||||||||||
Estimate of interest expense within rental expense | — | — | — | — | — | — | ||||||||||||||||||
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Total fixed charges | $ | 51.4 | $ | 114.1 | $ | 128.6 | $ | 93.1 | $ | 4.3 | $ | 0.9 | ||||||||||||
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Earnings: | ||||||||||||||||||||||||
Income from continuing operations before tax | $ | 34.7 | $ | 8.3 | $ | 67.1 | $ | 83.0 | $ | 205.7 | $ | 209.9 | ||||||||||||
Less income of noncontrolling interests | (1.7 | ) | (7.4 | ) | (8.0 | ) | (8.3 | ) | (8.1 | ) | (9.2 | ) | ||||||||||||
Less income from equity investees | (7.3 | ) | (12.1 | ) | (11.4 | ) | (8.4 | ) | (5.3 | ) | (6.6 | ) | ||||||||||||
Plus fixed charges | 51.4 | 114.1 | 128.6 | 93.1 | 4.3 | 0.9 | ||||||||||||||||||
Plus amortization of capitalized interest | 0.2 | 0.3 | 0.3 | — | — | — | ||||||||||||||||||
Dividends from equity method investees | 7.4 | 9.7 | 8.0 | 4.9 | 4.1 | 4.4 | ||||||||||||||||||
Less interest capitalized | (0.4 | ) | (0.7 | ) | (0.6 | ) | (0.3 | ) | — | — | ||||||||||||||
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Total earnings | $ | 84.3 | $ | 112.2 | $ | 184.0 | $ | 164.0 | $ | 200.7 | $ | 199.4 | ||||||||||||
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Ratio of earnings to fixed charges | 1.6 | 1.0 | 1.4 | 1.8 | 46.7 | 221.6 | ||||||||||||||||||
Earnings shortfall | $ | — | $ | 1.9 | $ | — | $ | — | $ | — | $ | — |