Attached files
| file | filename |
|---|---|
| EX-99.1 - EX-99.1 - Oaktree Capital Group, LLC | d580782dex991.htm |
| EX-1.1 - EX-1.1 - Oaktree Capital Group, LLC | d580782dex11.htm |
| 8-K - 8-K - Oaktree Capital Group, LLC | d580782d8k.htm |
Exhibit 12.1
Oaktree Capital Group, LLC
Unaudited Computation of Ratio of Earnings to Fixed Charges
($ in Thousands)
| Six Months Ended |
Year Ended | |||||||||||||||||||||||
| June 30, 2018 |
December 31, 2017 |
December 31, 2016 |
December 31, 2015 |
December 31, 2014 |
December 31, 2013 |
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| Fixed charges: |
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| Interest expense |
$ | 74,771 | $ | 168,089 | $ | 119,545 | $ | 201,110 | $ | 117,900 | 56,459 | |||||||||||||
| Capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||
| Portion of rental expense which represents interest factor |
2,408 | 3,659 | 3,073 | 3,475 | 1,638 | 1,866 | ||||||||||||||||||
| Amortization of debt issuance costs |
1,277 | 1,799 | 1,065 | 15,689 | 12,042 | 4,701 | ||||||||||||||||||
| Total fixed charges |
$ | 78,456 | $ | 173,547 | $ | 123,683 | $ | 220,274 | $ | 131,580 | $ | 63,026 | ||||||||||||
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| Earnings available for fixed charges: |
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| Income (loss) before income tax provision |
$ | 214,422 | $ | 904,924 | $ | 608,622 | $ | -1,515,413 | $ | 2,194,088 | $ | 6,236,964 | ||||||||||||
| Less: (income) loss from equity method investment |
-88,632 | -209,776 | -189,938 | -51,746 | -46,768 | -34,563 | ||||||||||||||||||
| Distributed equity income of affiliated companies |
110,074 | 174,131 | 120,944 | 56,550 | 47,287 | 36,383 | ||||||||||||||||||
| Add: fixed charges |
78,456 | 173,547 | 123,683 | 220,274 | 131,580 | 63,026 | ||||||||||||||||||
| Less: capitalized interest |
— | — | — | — | — | — | ||||||||||||||||||
| Less: net (income) loss – Non-controlling interests |
-119,305 | -457,988 | -371,398 | 1,604,311 | -2,049,269 | -5,988,734 | ||||||||||||||||||
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| Total earnings (losses) available for fixed charges |
$ | 195,015 | $ | 584,838 | $ | 291,913 | $ | 313,976 | $ | 276,918 | $ | 313,076 | ||||||||||||
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| Ratio of earnings to fixed charges |
2.49 | 3.37 | 2.36 | 1.43 | 2.10 | 4.97 | ||||||||||||||||||