Attached files
file | filename |
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EX-10.39 - EX-10.39 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex1039.htm |
EXCEL - IDEA: XBRL DOCUMENT - BROADRIDGE FINANCIAL SOLUTIONS, INC. | Financial_Report.xls |
EX-32.1 - EX-32.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex321.htm |
EX-23.1 - EX-23.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex231.htm |
EX-31.1 - EX-31.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex311.htm |
EX-21.1 - EX-21.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex211.htm |
EX-32.2 - EX-32.2 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex322.htm |
10-K - FORM 10-K - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506d10k.htm |
EX-31.2 - EX-31.2 - BROADRIDGE FINANCIAL SOLUTIONS, INC. | d758506dex312.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
Fiscal Years Ended June 30, | ||||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
($ in millions) | ||||||||||||||||||||
Earnings: |
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Add: |
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Earnings from continuing operations before income taxes |
$ | 395.5 | $ | 323.2 | $ | 200.9 | $ | 269.7 | $ | 342.1 | ||||||||||
Fixed charges |
36.9 | 28.0 | 28.4 | 25.7 | 24.1 | |||||||||||||||
Amortization of capitalized interest |
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Distributed income from equity investees |
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Share of pre-tax losses of equity investees for which charges arising from guarantees are included in fixed charges |
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Less: |
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Interest capitalized |
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Preference security dividend requirements of consolidated subsidiaries |
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The minority interest in the pre-tax income/(loss) of subsidiaries that have not incurred fixed charges(2) |
0.4 | 0.1 | (0.7 | ) | (0.2 | ) | 1.0 | |||||||||||||
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Total |
$ | 432.0 | $ | 351.1 | $ | 230.0 | $ | 295.6 | $ | 365.2 | ||||||||||
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Fixed charges: |
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Interest expense |
$ | 23.9 | $ | 14.5 | $ | 14.0 | $ | 9.9 | $ | 9.8 | ||||||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness |
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Estimate of the interest within rental expense(1) |
13.0 | 13.5 | 14.4 | 15.8 | 14.3 | |||||||||||||||
Preference security dividend requirements of consolidated subsidiaries |
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Total |
$ | 36.9 | $ | 28.0 | $ | 28.4 | $ | 25.7 | $ | 24.1 | ||||||||||
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Ratio of Earnings to Fixed Charges |
11.7 | 12.5 | 8.1 | 11.5 | 15.2 |
(1) | One-third of rental expense under operating leases is assumed to be the equivalent of interest. |
(2) | Represents the Companys share of gains/ (losses) from its joint venture with the Tokyo Stock Exchange. |