Attached files
file | filename |
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EX-99.12 - EXHIBIT 99.12 - SCIENTIFIC GAMES CORP | copyofexhibit9912gamingreg.htm |
EX-99.2 - EXHIBIT 99.2 - SCIENTIFIC GAMES CORP | copyofexhibit992lnsaudited.htm |
EX-99.1 - EXHIBIT 99.1 - SCIENTIFIC GAMES CORP | copyofexhibit991lnsauditre.htm |
EX-32.2 - EXHIBIT 32.2 - SCIENTIFIC GAMES CORP | copyofexhibit322certificat.htm |
EX-32.1 - EXHIBIT 32.1 - SCIENTIFIC GAMES CORP | copyofexhibit321certificat.htm |
EX-31.2 - EXHIBIT 31.2 - SCIENTIFIC GAMES CORP | copyofexhibit312certificat.htm |
EX-31.1 - EXHIBIT 31.1 - SCIENTIFIC GAMES CORP | copyofexhibit311certificat.htm |
EX-23.2 - EXHIBIT 23.2 - SCIENTIFIC GAMES CORP | copyofexhibit232lnsconsent.htm |
EX-23.1 - EXHIBIT 23.1 - SCIENTIFIC GAMES CORP | copyofexhibit231dtconsentl.htm |
EX-21 - EXHIBIT 21 - SCIENTIFIC GAMES CORP | copyofexhbit21sgcsubsidiar.htm |
EX-10.46 - EXHIBIT 10.46 - SCIENTIFIC GAMES CORP | exhibit1046agreementandgen.htm |
10-K - 10-K - SCIENTIFIC GAMES CORP | sgms1231201610k.htm |
Exhibit 12
Ratio of Earnings to Fixed Charges (in millions) | |||||||||||||
2012 | 2013 | 2014 | 2015 | 2016 | |||||||||
Net loss before income tax expense and earnings from equity investments | (75.7 | ) | (153.5 | ) | (507.1 | ) | (1,711.3 | ) | (215.7 | ) | |||
Add fixed charges: | |||||||||||||
Interest expense including amortization of debt issuance costs | 100.0 | 119.5 | 307.2 | 664.9 | 661.4 | ||||||||
Estimate of interest within rental expense | 5.4 | 5.6 | 14.8 | 15.7 | 4.7 | ||||||||
Total fixed charges | 105.4 | 125.1 | 322.0 | 680.6 | 666.1 | ||||||||
Distributed earnings from equity investments | 38.1 | 29.5 | 28.5 | 24.9 | 26.4 | ||||||||
Adjusted earnings | 67.8 | 1.1 | (156.6 | ) | (1,005.8 | ) | 476.8 | ||||||
Ratio of earnings to fixed charges (1) | 0.6 | — | (0.5 | ) | (1.5 | ) | 0.7 | ||||||
(1) | The ratio of earnings to fixed charges is computed by dividing adjusted earnings by fixed charges. Earnings before fixed charges were inadequate to cover total fixed charges by $37.6 million, $124.0 million, $478.6 million, $1,686.3 million and $189.0 million for years ended 2012, 2013, 2014, 2015 and 2016, respectively. |