Attached files

file filename
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex321_9.htm
EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex312_6.htm
EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex311_7.htm
EX-10.2 - EX-10.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex102_74.htm
EX-4.3 - EX-4.3 - TWENTY-FIRST CENTURY FOX, INC.fox-ex43_274.htm
EX-4.2 - EX-4.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex42_275.htm
EX-4.1 - EX-4.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex41_219.htm
10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC.fox-10q_20161231.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,

 

 

 

2016

 

 

2015

 

Earnings

 

 

 

 

 

 

 

 

Income from continuing operations before income tax expense

 

$

2,622

 

 

$

2,217

 

Add

 

 

 

 

 

 

 

 

Equity losses (earnings) of affiliates

 

 

6

 

 

 

(47

)

Cash distributions received from affiliates

 

 

184

 

 

 

219

 

Fixed charges, excluding capitalized interest

 

 

638

 

 

 

633

 

Amortization of capitalized interest

 

 

15

 

 

 

13

 

 

 

 

 

 

 

 

 

 

Total earnings available for fixed charges

 

$

3,465

 

 

$

3,035

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

 

 

 

 

 

 

 

Interest on debt and finance lease charges

 

$

599

 

 

$

593

 

Capitalized interest

 

 

9

 

 

 

9

 

Interest element on rental expense

 

 

39

 

 

 

40

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

647

 

 

$

642

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

5.4

 

 

 

4.7