Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Catalent, Inc. | a10-kfy16xq4.htm |
| EX-99.1 - EXHIBIT 99.1 - Catalent, Inc. | catalent-20160630xex991.htm |
| EX-32.2 - EXHIBIT 32.2 - Catalent, Inc. | catalent-20160630xex322.htm |
| EX-32.1 - EXHIBIT 32.1 - Catalent, Inc. | catalent-20160630xex321.htm |
| EX-31.2 - EXHIBIT 31.2 - Catalent, Inc. | catalent-20160630xex312.htm |
| EX-31.1 - EXHIBIT 31.1 - Catalent, Inc. | catalent-20160630xex311.htm |
| EX-23.1 - EXHIBIT 23.1 - Catalent, Inc. | catalent-20160630xex231.htm |
| EX-21.1 - EXHIBIT 21.1 - Catalent, Inc. | catalent-20160630xex211.htm |
| EX-10.44 - EXHIBIT 10.44 - Catalent, Inc. | catalent-20160630xex1044.htm |
| EX-10.43 - EXHIBIT 10.43 - Catalent, Inc. | catalent-20160630xex1043.htm |
| EX-10.42 - EXHIBIT 10.42 - Catalent, Inc. | catalent-20160630xex1042.htm |
| EX-10.41 - EXHIBIT 10.41 - Catalent, Inc. | catalent-20160630xex1041.htm |
| EX-10.40 - EXHIBIT 10.40 - Catalent, Inc. | catalent-20160630xex1040.htm |
Exhibit 12.1
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
Year Ended June 30, | ||||||||||||||
(Dollars in millions, except for ratios) | 2016 | 2015 | 2014 | 2013 | 2012 | |||||||||
Earnings/(loss) from continuing operations before income taxes and noncontrolling interest | 139.7 | 112.5 | 67.4 | (23.9 | ) | 18.6 | ||||||||
Plus Fixed Charges: | ||||||||||||||
Interest expense | 88.5 | 105.0 | 163.1 | 204.6 | 185.1 | |||||||||
Capital interest | 3.1 | 1.6 | 2.5 | 2.3 | 0.6 | |||||||||
Estimated interest within rental expense | 4.1 | 4.2 | 3.4 | 3.3 | 4.7 | |||||||||
Total Fixed Charges | 95.7 | 110.8 | 169.0 | 210.2 | 190.4 | |||||||||
Plus: amortization of capitalized interest | 0.4 | 0.3 | 0.6 | 0.3 | 1.0 | |||||||||
Less: Interest expense capitalized | 3.1 | 1.6 | 2.5 | 2.3 | 0.6 | |||||||||
Earnings | 232.7 | 222.0 | 234.5 | 184.3 | 209.4 | |||||||||
Ratio of earnings to fixed charges (1) | 2.4 | 2.0 | 1.4 | * | 1.1 | |||||||||
Shortfall | (25.9 | ) | ||||||||||||
* | Ratios not meaningful |
(1) | The ratio of earnings to fixed charges is calculated by dividing the sum of earnings from continuing operations before income taxes, equity in earnings (loss) from non-consolidated investments and fixed charges, by fixed charges. Fixed charges consist of interest expenses, capitalized interest and imputed interest on our leased obligations. For fiscal year 2013, earnings were insufficient to cover fixed charges by $25.9 million, respectively. For fiscal year 2012, 2014, and 2015 the ratio of earnings to fixed charges was 1.1, 1.4, and 2.0, respectively. |