Attached files
| file | filename |
|---|---|
| EX-31.2 - CERTIFICATION PURSUANT TO SECTION 302 - CHC Helicopter S.A. | d375764dex312.htm |
| EX-18.1 - LETTER OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - CHC Helicopter S.A. | d375764dex181.htm |
| EX-32.1 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - CHC Helicopter S.A. | d375764dex321.htm |
| EX-31.1 - CERTIFICATION PURSUANT TO SECTION 302 - CHC Helicopter S.A. | d375764dex311.htm |
| EX-32.2 - CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350 - CHC Helicopter S.A. | d375764dex322.htm |
| EX-21.1 - SCHEDULE OF SUBSIDIARIES - CHC Helicopter S.A. | d375764dex211.htm |
| EX-10.36 - EMPLOYMENT AGREEMENT - CHC Helicopter S.A. | d375764dex1036.htm |
| 10-K - FORM 10-K - CHC Helicopter S.A. | d375764d10k.htm |
EXHIBIT 12.1
6922767 Holding S.à r.l.
Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Successor | Predecessor | |||||||||||||||||||||||||
| As at and for the year ended April 30, |
Period from May 1, to September 15, |
As at and for the year ended April 30, |
||||||||||||||||||||||||
| 2012 | 2011 | 2010 | 2009 | 2008 | 2008 | |||||||||||||||||||||
| Fixed Charges: |
||||||||||||||||||||||||||
| Interest, including amortization of deferred financing charges, discounts and other charges |
$ | 132,871 | $ | 153,389 | $ | 84,969 | $ | 46,416 | $ | 30,095 | $ | 63,406 | ||||||||||||||
| Interest portion of rental payments |
81,084 | 77,273 | 70,483 | 48,959 | 28,772 | 71,277 | ||||||||||||||||||||
| Total fixed charges |
$ | 213,955 | $ | 230,662 | $ | 155,452 | $ | 95,375 | $ | 58,867 | $ | 134,683 | ||||||||||||||
| Loss from continuing operations before income taxes and earnings from equity accounted investees, plus distributed income from equity investees less capitalized interest |
$ | (33,520 | ) | $ | (97,142 | ) | $ | (65,930 | ) | $ | (714,452 | ) | $ | (61,125 | ) | $ | (4,576 | ) | ||||||||
| Plus: fixed charges (calculated above) |
213,995 | 230,662 | 155,452 | 95,375 | 58,867 | 134,683 | ||||||||||||||||||||
| Earnings available to cover fixed charges |
$ | 180,435 | $ | 133,520 | $ | 89,522 | $ | (619,077 | ) | $ | (2,258 | ) | $ | 130,107 | ||||||||||||
| Ratio of earnings to fixed charges |
— | (1) | — | (2) | — | (3) | — | (4) | — | (5) | — | (6) | ||||||||||||||
| (1) | Earnings were insufficient to cover fixed charges by $33.5 million for the year ended April 30, 2012. |
| (2) | Earnings were insufficient to cover fixed charges by $97.1 million for the year ended April 30, 2011. |
| (3) | Earnings were insufficient to cover fixed charges by $65.9 million for the year ended April 30, 2010. |
| (4) | Earnings were insufficient to cover fixed charges by $714.5 million for the year ended April 30, 2009. |
| (5) | Earnings were insufficient to cover fixed charges by $61.1 million for the period from May 1, 2008 to September 15, 2008. |
| (6) | Earnings were insufficient to cover fixed charges by $4.6 million for the year ended April 30, 2008. |