Exhibit 12.1
IHS Inc.
Consolidated Ratio of Earnings to Fixed Charges
Nine Months Ended August 31, 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||
Earnings: | ||||||||||||||||||||||||
Income from continuing operations before income taxes | 191,123 | 249,197 | 154,893 | 187,713 | 161,984 | 172,748 | ||||||||||||||||||
Interest expense (1) | 52,573 | 55,383 | 44,582 | 20,573 | 11,346 | 2,036 | ||||||||||||||||||
Imputed interest expense on lease commitments | 7,100 | 9,466 | 9,389 | 6,390 | 5,172 | 5,574 | ||||||||||||||||||
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Total earnings (a) | 250,796 | 314,046 | 208,864 | 214,676 | 178,502 | 180,358 | ||||||||||||||||||
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Fixed charges: | ||||||||||||||||||||||||
Interest expense | 52,573 | 55,383 | 44,582 | 20,573 | 11,346 | 2,036 | ||||||||||||||||||
Imputed interest expense on lease commitments | 7,100 | 9,466 | 9,389 | 6,390 | 5,172 | 5,574 | ||||||||||||||||||
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Total fixed charges (b) | 59,673 | 64,849 | 53,971 | 26,963 | 16,518 | 7,610 | ||||||||||||||||||
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Ratio of earnings to fixed charges (a/b) | 4.20 | 4.84 | 3.87 | 7.96 | 10.81 | 23.70 |
(1) | Interest expense per the financial statements includes the amortization of debt issuance costs. |