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 | ||||||||||||||||||||||
2013 | 2012 | 2011 | 2010 | |||||||||||||||||||||
(dollars in millions) | (dollars in millions) | |||||||||||||||||||||||
Income (loss) before income taxes and equity income | $ | 1,523 | $ | 1,345 | $ | 1,506 | $ | 944 | $ | (35 | ) | $ | 9,116 | |||||||||||
Cash dividends received from non-consolidated affiliates and other | (46 | ) | 42 | (36 | ) | (7 | ) | (1 | ) | 2 | ||||||||||||||
Portion of rentals deemed to be interest | 36 | 33 | 31 | 32 | 11 | 25 | ||||||||||||||||||
Interest and related charges on debt | 182 | 137 | 139 | 38 | 8 | 1 | ||||||||||||||||||
Earnings available for fixed charges | $ | 1,695 | $ | 1,557 | $ | 1,640 | $ | 1,007 | $ | (17 | ) | $ | 9,144 | |||||||||||
Fixed Charges: | ||||||||||||||||||||||||
Portion of rentals deemed to be interest | $ | 36 | $ | 33 | $ | 31 | $ | 32 | $ | 11 | $ | 25 | ||||||||||||
Interest and related charges on debt | 182 | 137 | 139 | 38 | 8 | 1 | ||||||||||||||||||
Total fixed charges | $ | 218 | $ | 170 | $ | 170 | $ | 70 | $ | 19 | $ | 26 | ||||||||||||
Ratio of earnings to fixed charges | 7.8 | 9.2 | 9.6 | 14.4 | N/A | 351.7 | ||||||||||||||||||
Fixed charges exceeding earnings | N/A | N/A | N/A | N/A | 36 | N/A |