Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - DIAMOND OFFSHORE DRILLING, INC. | h68600e10vk.htm |
| EX-23.1 - EX-23.1 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv23w1.htm |
| EX-21.1 - EX-21.1 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv21w1.htm |
| EX-31.1 - EX-31.1 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv31w1.htm |
| EX-31.2 - EX-31.2 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv31w2.htm |
| EX-24.1 - EX-24.1 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv24w1.htm |
| EX-32.1 - EX-32.1 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv32w1.htm |
| EX-10.9 - EX-10.9 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv10w9.htm |
| EX-10.19 - EX-10.19 - DIAMOND OFFSHORE DRILLING, INC. | h68600exv10w19.htm |
| EXCEL - IDEA: XBRL DOCUMENT - DIAMOND OFFSHORE DRILLING, INC. | Financial_Report.xls |
Exhibit 12.1
DIAMOND OFFSHORE DRILLING, INC.
Statement re Computation of Ratios
(Thousands of Dollars)
Statement re Computation of Ratios
(Thousands of Dollars)
Ratio of Earnings to Fixed Charges:
| Year Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
Computation of Earnings: |
||||||||||||||||||||
Pretax income (loss) from continuing operations |
$ | 1,868,431 | $ | 1,847,046 | $ | 1,243,372 | $ | 954,030 | $ | 330,318 | ||||||||||
Less Interest capitalized during the period and actual
preferred dividend requirements of majority-owned
subsidiaries and 50%-owned persons included in
fixed charges but not deducted from pretax income
from above |
— | (16,870 | ) | (19,320 | ) | (14,951 | ) | (1,301 | ) | |||||||||||
Add: Previously capitalized interest amortized during the period |
3,400 | 2,428 | 1,928 | 1,652 | 1,652 | |||||||||||||||
Total earnings (losses), before fixed charge addition |
1,871,831 | 1,832,604 | 1,225,980 | 940,731 | 330,669 | |||||||||||||||
Computation of Fixed Charges: |
||||||||||||||||||||
Interest, including interest capitalized |
51,585 | 28,842 | 40,648 | 52,185 | 69,806 | |||||||||||||||
Total fixed charges |
51,585 | 28,842 | 40,648 | 52,185 | 69,806 | |||||||||||||||
Total Earnings (Losses) and Fixed Charges |
$ | 1,923,416 | $ | 1,861,446 | $ | 1,266,628 | $ | 992,916 | $ | 400,475 | ||||||||||
Ratio of Earnings (Losses) to Fixed Charges (1) |
37.29 | 64.54 | 31.16 | 19.03 | 5.74 | |||||||||||||||
| (1) | For purposes of this ratio, fixed charges include (i) interest, whether expensed or capitalized, (ii) amortization of debt issuance costs, whether expensed or capitalized, and (iii) a portion of rent expense, which we believe represents the interest factor attributable to rent. |