Attached files

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EX-10.24 - EXHIBIT 10.24 - BROADRIDGE FINANCIAL SOLUTIONS, INC.ex1024amendmentno1toersp.htm
EX-32.2 - EXHIBIT 32.2 - BROADRIDGE FINANCIAL SOLUTIONS, INC.br20170630ex322.htm
EX-32.1 - EXHIBIT 32.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC.br20170630ex321.htm
EX-31.2 - EXHIBIT 31.2 - BROADRIDGE FINANCIAL SOLUTIONS, INC.br20170630ex312.htm
EX-31.1 - EXHIBIT 31.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC.br20170630ex311.htm
EX-23.1 - EXHIBIT 23.1 - BROADRIDGE FINANCIAL SOLUTIONS, INC.br20170630ex231.htm
EX-21 - EXHIBIT 21 - BROADRIDGE FINANCIAL SOLUTIONS, INC.ex21subsidiarylist.htm
10-K - 10-K - BROADRIDGE FINANCIAL SOLUTIONS, INC.br-20170630x10xk.htm


Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
 
 
Fiscal Years Ended June 30,
 
2017
 
2016
 
2015
 
2014
 
2013
 
($ in millions)
Earnings:
 
 
 
 
 
 
 
 
 
Add:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations before income taxes
$
488.1

 
$
468.9

 
$
438.9

 
$
395.5

 
$
323.2

Fixed charges
61.4

 
41.1

 
37.6

 
36.5

 
28.0

Less:
 
 
 
 
 
 
 
 
 
The minority interest in the pre-tax income/(loss) of subsidiaries that have not incurred fixed charges (1)
(5.2
)
 
(5.1
)
 
(5.5
)
 

 
0.1

Total
$
554.7

 
$
515.1

 
$
482.0

 
$
432.0

 
$
351.1

Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense
$
44.7

 
$
28.4

 
$
25.4

 
$
23.7

 
$
14.5

Estimate of the interest within rental expense (2)
16.8

 
12.7

 
12.2

 
12.8

 
13.5

Total
$
61.4

 
$
41.1

 
$
37.6

 
$
36.5

 
$
28.0

Ratio of Earnings to Fixed Charges
9.0

 
12.5

 
12.8

 
11.8

 
12.5

 
(1)
Represents the Company’s share of gains (losses) from its equity method investments.
(2)
One-third of rental expense under operating leases is assumed to be the equivalent of interest.