Attached files
file | filename |
---|---|
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex321_7.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_8.htm |
10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC. | fox-10q_20170331.htm |
Exhibit 12.1
Twenty-First Century Fox, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in Millions, Except Ratio Amounts)
(Unaudited)
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For the nine months ended March 31, |
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2017 |
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2016 |
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Earnings |
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Income from continuing operations before income tax expense |
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$ |
3,874 |
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$ |
3,608 |
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Add |
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Equity losses (earnings) of affiliates |
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57 |
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(38 |
) |
Cash distributions received from affiliates |
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182 |
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225 |
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Fixed charges, excluding capitalized interest |
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969 |
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947 |
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Amortization of capitalized interest |
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19 |
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17 |
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Total earnings available for fixed charges |
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$ |
5,101 |
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$ |
4,759 |
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Fixed charges |
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Interest on debt and finance lease charges |
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$ |
909 |
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$ |
888 |
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Capitalized interest |
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14 |
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17 |
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Interest element on rental expense |
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60 |
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59 |
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Total fixed charges |
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$ |
983 |
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$ |
964 |
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Ratio of earnings to fixed charges |
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5.2 |
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4.9 |
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