Acelity S-4 2012 Q2 Registration of securities issued in business combination transactions

CENTAUR GUERNSEY L.P. INC. AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

	Fiscal Year Ended December 31,																		Six Months Ended June 30,
	2007			2008(1)			2009			2010			Period from January 1 through November 3, 2011			Period from November 4 through December 31, 2011(2)			2011 (unaudited)			2012(2) (unaudited)
	Predecessor			Predecessor			Predecessor			Predecessor			Predecessor			Successor			Predecessor			Successor
Earnings (loss) before income taxes	$	357,953		$	275,168		$	334,381		$	355,673		$	270,259		$	(158,803	)	$	205,651		$	(228,838	)
Capitalized interest on long-term debt	—			—			—			—			—			—			—			(882		)
Fixed charges	21,858			82,428			106,488			88,701			62,892			115,598			38,596			257,648
Earnings (loss) available for fixed charges	$	379,811		$	357,596		$	440,869		$	444,374		$	333,151		$	(43,205	)	$	244,247		$	27,928
Interest expense on long-term debt (3)	$	19,883		$	80,753		$	104,918		$	87,053		$	61,931		$	114,992		$	37,997		$	254,929
Capitalized interest on long-term debt	—			—			—			—			—			—			—			882
Estimated interest in rent expense	1,975			1,675			1,570			1,648			961			606			599			1,837
Total fixed charges	$	21,858		$	82,428		$	106,488		$	88,701		$	62,892		$	115,598		$	38,596		$	257,648
Ratio of earnings to fixed charges (4)	17.4		x	4.3		x	4.1		x	5.0		x	5.3		x	—			6.3		x	—

(1) Amounts include the impact of our acquisition of LifeCell Corporation in May 2008.

(2) Amounts include the impact of the Merger in November 2011.

(3) Amount for fiscal year 2007 includes $7.6 million in expense for the redemption premium paid in connection with the redemption of our previously-existing 7 3/8% senior subordinated notes combined with the write off of unamortized debt issuance costs associated with the previously-existing senior credit facility. Amount for period from November 4 through December 31, 2011 (successor) includes $32.3 million of fees associated with the Merger-related bridge financing.

(4) For the period from November 4 through December 31, 2011 and the six months ended June 30, 2012, earnings were insufficient to cover our fixed charges by $158.8 million and $229.7 million, respectively, due primarily to Merger-related costs, including acquired intangible asset amortization and additional depreciation expense associated with the step-up in property, plant and equipment.