Exhibit 12.1
AmerisourceBergen Corporation
Computation of Ratio of Earnings to Fixed Charges
| Fiscal Year Ended September 30, | Nine Months Ended June 30, | |||||||||||||||||||||||
| (in thousands, except ratios) | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | ||||||||||||||||||
Determination of earnings: | ||||||||||||||||||||||||
Income from continuing operations before income taxes | $ | 684,807 | $ | 753,489 | $ | 761,338 | $ | 824,074 | $ | 1,027,769 | $ | 904,116 | ||||||||||||
Add: | ||||||||||||||||||||||||
(Income) loss on equity investments | (1,837 | ) | 779 | — | 1,109 | 700 | 587 | |||||||||||||||||
Fixed charges (excluding capitalized interest) | 76,510 | 87,024 | 85,278 | 72,915 | 84,059 | 64,793 | ||||||||||||||||||
Amortization of capitalized interest | 271 | 820 | 1,014 | 1,024 | 1,098 | 895 | ||||||||||||||||||
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Total earnings available for fixed charges | $ | 759,751 | $ | 842,112 | $ | 847,630 | $ | 899,122 | $ | 1,113,626 | $ | 970,391 | ||||||||||||
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Fixed charges: | ||||||||||||||||||||||||
Interest expense | $ | 65,874 | $ | 75,706 | $ | 75,153 | $ | 63,502 | $ | 74,805 | $ | 58,717 | ||||||||||||
Capitalized interest | 2,176 | 49 | 748 | 2,984 | 6,618 | 3,143 | ||||||||||||||||||
Estimated interest portion of rent expense | 10,636 | 11,318 | 10,125 | 9,413 | 9,254 | 6,076 | ||||||||||||||||||
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Total fixed charges | $ | 78,686 | $ | 87,073 | $ | 86,026 | $ | 75,899 | $ | 90,677 | $ | 67,936 | ||||||||||||
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Ratio of earnings to fixed charges | 9.7 | 9.7 | 9.9 | 11.8 | 12.3 | 14.3 | ||||||||||||||||||