Attached files

file filename
10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC.fox-10q_20151231.htm
EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex311_8.htm
EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex312_6.htm
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex321_7.htm
EX-10.2 - EX-10.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex102_592.htm

Exhibit 12.1

Twenty-First Century Fox, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in Millions, Except Ratio Amounts)

(Unaudited)

  

  

 

For the six months ended

December 31,

 

 

 

2015

 

 

2014

 

Earnings:

 

 

 

 

 

 

 

 

Income from continuing operations before income tax expense

 

$

2,217

 

 

$

8,092

 

Add:

 

 

 

 

 

 

 

 

Equity earnings of affiliates

 

 

(47

)

 

 

(629

)

Cash distributions received from affiliates

 

 

219

 

 

 

221

 

Fixed charges, excluding capitalized interest

 

 

633

 

 

 

680

 

Amortization of capitalized interest

 

 

13

 

 

 

19

 

 

 

 

 

 

 

 

 

 

Total earnings available for fixed charges

 

$

3,035

 

 

$

8,383

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest on debt and finance lease charges

 

$

593

 

 

$

615

 

Capitalized interest

 

 

9

 

 

 

11

 

Interest element on rental expense

 

 

40

 

 

 

65

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

642

 

 

$

691

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

4.7

 

 

 

12.1