Attached files

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EX-99.1 - EX-99.1 - Cobalt International Energy, Inc.cie-ex991_10.htm
EX-32.2 - EX-32.2 - Cobalt International Energy, Inc.cie-ex322_15.htm
EX-32.1 - EX-32.1 - Cobalt International Energy, Inc.cie-ex321_11.htm
EX-31.2 - EX-31.2 - Cobalt International Energy, Inc.cie-ex312_13.htm
EX-31.1 - EX-31.1 - Cobalt International Energy, Inc.cie-ex311_8.htm
EX-23.1 - EX-23.1 - Cobalt International Energy, Inc.cie-ex231_14.htm
EX-21.1 - EX-21.1 - Cobalt International Energy, Inc.cie-ex211_6.htm
10-K - 10-K - Cobalt International Energy, Inc.cie-10k_20171231.htm

Exhibit 12.1

Cobalt International Energy, Inc.

 

Computation of Ratios of Earnings to Fixed Charges

 

 

Year Ended December 31,

 

 

 

2017

 

 

2016

 

 

2015

 

 

2014

 

 

2013

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

162,542

 

 

$

83,045

 

 

$

63,376

 

 

$

74,768

 

 

$

65,376

 

Capitalized interest

 

 

59,558

 

 

 

99,541

 

 

 

105,819

 

 

 

58,458

 

 

 

17,700

 

Total

 

$

222,100

 

 

$

182,586

 

 

$

169,195

 

 

$

133,226

 

 

$

83,076

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss

 

$

(968,258

)

 

$

(2,343,309

)

 

$

(694,426

)

 

$

(510,763

)

 

$

(589,024

)

Fixed charges

 

 

222,100

 

 

 

182,586

 

 

 

169,195

 

 

 

133,226

 

 

 

83,076

 

Interest capitalized

 

 

(59,558

)

 

 

(99,541

)

 

 

(105,819

)

 

 

(58,458

)

 

 

(17,700

)

Total

 

$

(805,716

)

 

$

(2,260,264

)

 

$

(631,050

)

 

$

(435,995

)

 

$

(523,648

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Insufficient coverage

 

$

1,027,816

 

 

$

2,442,850

 

 

$

800,245

 

 

$

569,221

 

 

$

606,724