Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Kansas City Southern de Mexico, S.A. de C.V. | Financial_Report.xls |
| 10-K - 10-K - Kansas City Southern de Mexico, S.A. de C.V. | kcsm2014123110-k.htm |
| EX-32.2 - PRINCIPAL FINANCIAL OFFICER'S CERTIFICATION - Kansas City Southern de Mexico, S.A. de C.V. | kcsm20141231ex322.htm |
| EX-32.1 - PRINCIPAL EXECUTIVE OFFICER'S CERTIFICATION - Kansas City Southern de Mexico, S.A. de C.V. | kcsm20141231ex321.htm |
| EX-31.2 - PRINCIPAL FINANCIAL OFFICER'S CERTIFICATION - Kansas City Southern de Mexico, S.A. de C.V. | kcsm20141231ex312.htm |
| EX-31.1 - PRINCIPAL EXECUTIVE OFFICER'S CERTIFICATION - Kansas City Southern de Mexico, S.A. de C.V. | kcsm20141231ex311.htm |
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Exhibit 12.1
Kansas City Southern de México, S.A. de C.V.
Schedule of Ratio of Earnings to Fixed Charges
(in millions of U.S. dollars, except ratio data)
Year ended December 31, | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings: | |||||||||||||||||||
Pretax income from continuing operations, excluding equity in earnings of unconsolidated affiliates | $ | 359.9 | $ | 215.2 | $ | 317.6 | $ | 219.7 | $ | 88.5 | |||||||||
Interest expense | 39.2 | 58.8 | 85.4 | 77.0 | 94.6 | ||||||||||||||
Amortization of capitalized expenses | 2.3 | 2.4 | 3.0 | 3.2 | 3.2 | ||||||||||||||
Portion of rents representative of an appropriate interest factor (1) | 6.3 | 10.9 | 12.8 | 15.5 | 17.9 | ||||||||||||||
Distributions from unconsolidated affiliates | 2.3 | 1.5 | 2.3 | 2.3 | 1.5 | ||||||||||||||
Income before income taxes and minority interest as adjusted | $ | 410.0 | $ | 288.8 | $ | 421.1 | $ | 317.7 | $ | 205.7 | |||||||||
Fixed charges: | |||||||||||||||||||
Interest expense | 39.2 | 58.8 | 85.4 | 77.0 | 94.6 | ||||||||||||||
Amortization of capitalized expenses | 2.3 | 2.4 | 3.0 | 3.2 | 3.2 | ||||||||||||||
Portion of rents representative of an appropriate interest factor (1) | 6.3 | 10.9 | 12.8 | 15.5 | 17.9 | ||||||||||||||
Total fixed charges | $ | 47.8 | $ | 72.1 | $ | 101.2 | $ | 95.7 | $ | 115.7 | |||||||||
Ratio of earnings to fixed charges | 8.6 | 4.0 | 4.2 | 3.3 | 1.8 | ||||||||||||||
(1) Amount represents one-third of rents expense.