Exhibit 12.1
DELPHI AUTOMOTIVE PLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Successor | Predecessor | |||||||||||||||||||||||
Year ended December 31, | Period from August 19 to December 31, 2009 | Period from January 1 to October 6, 2009 | Year ended December 31, | |||||||||||||||||||||
2011 | 2010 | 2008 | 2007 | |||||||||||||||||||||
(dollars in millions) | (dollars in millions) | |||||||||||||||||||||||
Income (loss) before income taxes, minority interest, and equity income | $ | 1,506 | $ | 944 | $ | (35 | ) | $ | 9,116 | $ | 3,297 | $ | (2,437 | ) | ||||||||||
Cash dividends received from non-consolidated affiliates and income | (36 | ) | (7 | ) | (1 | ) | 2 | 2 | 29 | |||||||||||||||
Portion of rentals deemed to be interest | 31 | 32 | 11 | 25 | 44 | 38 | ||||||||||||||||||
Interest and related charges on debt | 139 | 38 | 8 | 1 | 489 | 772 | ||||||||||||||||||
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Earnings available for fixed charges | $ | 1,640 | $ | 1,007 | $ | (17 | ) | $ | 9,144 | $ | 3,832 | $ | (1,598 | ) | ||||||||||
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Fixed Charges: | ||||||||||||||||||||||||
Portion of rentals deemed to be interest | $ | 31 | $ | 32 | $ | 11 | $ | 25 | $ | 44 | $ | 38 | ||||||||||||
Interest and related charges on debt | 139 | 38 | 8 | 1 | 489 | 772 | ||||||||||||||||||
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Total fixed charges | $ | 170 | $ | 70 | $ | 19 | $ | 26 | $ | 533 | $ | 810 | ||||||||||||
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Ratio of earnings to fixed charges | 9.6 | 14.4 | N/A | 351.7 | 7.2 | N/A | ||||||||||||||||||
Fixed charges exceeding earnings | N/A | N/A | 36 | N/A | N/A | 2,408 |