Exhibit 12.1
Invesco Ltd.
Ratio of Earnings to Fixed Charges
| Six months ended June 30, 2015 | Year ended December 31, | |||||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||||
Income from continuing operations before income taxes | 738.7 | 1,395.1 | 1,255.2 | 830.6 | 892.1 | 823.3 | ||||||||||||||||||
Less: Equity in earnings of unconsolidated affiliates | (23.8 | ) | (32.8 | ) | (35.5 | ) | (29.7 | ) | (30.5 | ) | (40.2 | ) | ||||||||||||
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Pre tax income before equity in earnings of unconsolidated affiliates | 714.9 | 1,362.3 | 1,219.7 | 800.9 | 861.6 | 783.1 | ||||||||||||||||||
Add: Fixed Charges | 43.6 | 99.7 | 61.7 | 70.7 | 79.3 | 74.3 | ||||||||||||||||||
Add: Distributed income of equity investees | 1.4 | 19.6 | 16.5 | 15.6 | 21.3 | 26.0 | ||||||||||||||||||
Net (income)/loss attributable to noncontrolling interests in consolidated entities | (11.1 | ) | (13.0 | ) | (42.5 | ) | 89.8 | 107.7 | (171.1 | ) | ||||||||||||||
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Earnings | 748.8 | 1,468.6 | 1,255.4 | 977.0 | 1,069.9 | 712.3 | ||||||||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Portion of rent expense representing interest | 5.3 | 26.6 | 17.1 | 18.4 | 17.5 | 15.7 | ||||||||||||||||||
Interest expense | 38.3 | 73.1 | 44.6 | 52.3 | 61.8 | 58.6 | ||||||||||||||||||
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Total fixed charges | 43.6 | 99.7 | 61.7 | 70.7 | 79.3 | 74.3 | ||||||||||||||||||
Ratio of earnings/fixed charges | 17.17 | 14.73 | 20.35 | 13.82 | 13.49 | 9.59 | ||||||||||||||||||
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