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Exhibit 12.01
CARDINAL HEALTH, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Three Months
Ended
March 31, March 31, March 31, June 30, June 30, September 30,
1991 1992 1993 1994 1995 1995
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Earnings from continuing operations
before income taxes $ 45,393,000 $ 64,514,000 $ 85,257,000 $ 92,659,000 $ 171,570,000 $ 40,023,000
Add-Fixed Charges:
Interest Expense 26,623,000 25,881,000 26,623,000 18,140,000 19,341,000 4,140,000
Interest Capitalized 271,000 163,000
Amortization of Debt Offering Costs 500,000 2,272,000 267,000 220,000 302,000 74,000
Interest Portion of Rent Expense 3,815,000 4,212,000 4,874,000 5,307,000 5,522,000 1,447,000
Preferred Stock Dividend Requirement 3,130,000 3,360,000 3,327,000 2,429,000
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Total Fixed Charges 34,339,000 35,888,000 35,091,000 26,096,000 25,165,000 5,661,000
Less: Interest Capitalized (271,000) (163,000)
Preferred Stock Dividend
Requirement (3,130,000) (3,360,000) (3,327,000) (2,429,000)
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Earnings as Adjusted $ 76,331,000 $ 96,879,000 $ 117,021,000 $ 116,326,000 $ 196,735,000 $ 45,684,000
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Ratio of Earnings to Fixed Charges 2.2 2.7 3.3 4.5 7.8 8.1