Attached files

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EX-21 - SUBSIDIARIES OF THE CORPORATION - Avanos Medical, Inc.hyh2015form10kex21.htm
EX-24 - POWERS OF ATTORNEY - Avanos Medical, Inc.hyh2015form10kex24.htm
EX-31.B - CERTIFICATION OF CFO REQUIRED BY RULE 13A-14(A) OR RULE 15D-14(A) - Avanos Medical, Inc.hyh2015form10kex31b.htm
EX-32.B - CERTIFICATION OF CFO REQUIRED BY RULE 13A-14(B) OR RULE 15D-14(B) - Avanos Medical, Inc.hyh2015form10kex32b.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - Avanos Medical, Inc.hyh2015form10kex23.htm
EX-31.A - CERTIFICATION OF CEO REQUIRED BY RULE 13A-14(A) OR RULE 15D-14(A) - Avanos Medical, Inc.hyh2015form10kex31a.htm
10-K - FORM 10-K - Avanos Medical, Inc.hyh2015form10k.htm
EX-32.A - CERTIFICATION OF CEO REQUIRED BY RULE 13A-14(B) OR RULE 15D-14(B) - Avanos Medical, Inc.hyh2015form10kex32a.htm

Exhibit No. (12)

HALYARD HEALTH, INC.
Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in millions)

 
Year Ended December 31,
 
2015
 
2014
 
2013
 
2012
 
2011
Income before income taxes
$
(410.5
)
 
$
91.2

 
$
227.8

 
$
229.8

 
$
214.6

 
 
 
 
 
 
 
 
 
 
Interest expense
33.1

 
6.0

 
0.1

 
0.8

 
0.2

Capitalized interest
0.9

 
0.6

 
0.4

 
0.1

 
0.4

Interest factor in rent expense(a)
7.1

 
6.0

 
5.6

 
4.5

 
4.2

Fixed Charges
41.1

 
12.6

 
6.1

 
5.4

 
4.8

Income before income taxes plus fixed charges
$
(369.4
)
 
$
103.8

 
$
233.9

 
$
235.2

 
$
219.4

Ratio of Earnings to Fixed Charges
(9.0
)
 
8.2

 
38.3

 
43.6

 
45.7

__________________________________
(a) Interest portion of rent expense is assumed to be 33%.