Attached files

file filename
8-K - FORM 8-K - MOSAIC COd246255d8k.htm
EX-4.1 - INDENTURE DATED AS OF OCTOBER 24, 2011 - MOSAIC COd246255dex41.htm
EX-5.1 - OPINION OF RICHARD L. MACK, ESQ. - MOSAIC COd246255dex51.htm
EX-1.1 - UNDERWRITING AGREEMENT, DATED OCTOBER 17, 2011 - MOSAIC COd246255dex11.htm
EX-4.2 - FORM OF 3.750% GLOBAL SENIOR NOTES DUE 2021. - MOSAIC COd246255dex42.htm
EX-4.3 - FORM OF 4.875% GLOBAL SENIOR NOTES DUE 2041. - MOSAIC COd246255dex43.htm

Exhibit 12.1

The Mosaic Company

Computation of Pro Forma Ratio of Earnings to Fixed Charges

(in millions, except for ratio)

Pro-Forma Basis                

 

     Three Months Ended
August 31, 2011
    2011  

Earnings:

    

Earnings from consolidated companies before income taxes

   $ 729.7      $ 3,271.3   

Add:

    

Total fixed charges (per below)

     13.0        71.9   

Amortization of capitalized interest

     2.1        6.0   

Distributions from 50% or less owned companies accounted for in accordance with the equity method

     3.6        3.2   

Less:

    

Capitalized interest

     8.7        34.7   

Noncontrolling interest in earnings from consolidated companies with no fixed charges

     2.2        0.5   
  

 

 

   

 

 

 

Total Earnings:

   $ 737.4      $ 3,317.1   
  

 

 

   

 

 

 

Fixed Charges:

    

Interest costs (excluding amortized interest)

     0.8        26.0   

Capitalized interest

     8.8        34.8   

Amortized capitalized debt expenses

     (0.8     1.6   

Estimate of interest in rent expense

     2.3        9.5   

Honored guarantees amount

     1.9        —     
  

 

 

   

 

 

 

Total Fixed Charges:

     13.0        71.9   
  

 

 

   

 

 

 

RATIO OF EARNINGS TO FIXED CHARGES

     56.9     46.1