Attached files
file | filename |
---|---|
EX-31.2 - Emergent BioSolutions Inc. | exhibit31-2.htm |
EX-21 - Emergent BioSolutions Inc. | exhibit21.htm |
EX-32.1 - Emergent BioSolutions Inc. | exhibit32-1.htm |
EX-31.1 - Emergent BioSolutions Inc. | exhibit31-1.htm |
EX-32.2 - Emergent BioSolutions Inc. | exhibit32-2.htm |
EX-23.1 - Emergent BioSolutions Inc. | exhibit23.htm |
10-K - Emergent BioSolutions Inc. | form10-k.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
|
||||||||||||||||||||
|
Year Ended December 31,
|
|||||||||||||||||||
(in thousands)
|
2014
|
2013
|
2012
|
2011
|
2010
|
|||||||||||||||
|
||||||||||||||||||||
Pretax income from continuing operations (1)
|
$
|
53,062
|
$
|
44,243
|
$
|
37,446
|
$
|
38,849
|
$
|
77,880
|
||||||||||
Fixed charges
|
||||||||||||||||||||
Interest expense
|
7,480
|
1,973
|
2,177
|
1,719
|
1,778
|
|||||||||||||||
Debt issuance cost
|
3,274
|
319
|
67
|
135
|
113
|
|||||||||||||||
Total fixed charges (2)
|
10,754
|
2,292
|
2,244
|
1,854
|
1,891
|
|||||||||||||||
Noncontrolling interest in pretax income (3)
|
-
|
876
|
5,381
|
6,906
|
4,514
|
|||||||||||||||
Capitalized interest (4)
|
2,530
|
1,973
|
2,177
|
1,713
|
1,796
|
|||||||||||||||
Earnings ((1) + (2) -(3) -(4))
|
61,286
|
43,686
|
32,132
|
32,084
|
73,461
|
|||||||||||||||
Fixed charges
|
10,754
|
2,292
|
2,244
|
1,854
|
1,891
|
|||||||||||||||
Ratio of earnings to fixed charges
|
5.7
|
19.1
|
14.3
|
17.3
|
38.8
|