Attached files
| file | filename |
|---|---|
| EX-21.1 - LIST OF SUBSIDIARIES - AUTONATION, INC. | ex211listofsubsidiaries201.htm |
| EX-23.1 - CONSENT OF KPMG LLP - AUTONATION, INC. | ex231kpmgconsent2017form10.htm |
| EX-31.1 - SECTION 302 CEO CERTIFICATION - AUTONATION, INC. | ex311section302ceocert2017.htm |
| EX-32.1 - SECTION 906 CEO CERTIFICATION - AUTONATION, INC. | ex321section906ceocert2017.htm |
| 10-K - FORM 10-K - AUTONATION, INC. | an10k2017.htm |
| EX-32.2 - SECTION 906 CFO CERTIFICATION - AUTONATION, INC. | ex322section906cfocert2017.htm |
| EX-31.2 - SECTION 302 CFO CERTIFICATION - AUTONATION, INC. | ex312section302cfocert2017.htm |
Exhibit 12.1
AutoNation, Inc.
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
($ in millions)
Year Ended December 31, | ||||||||||||||||||||
Earnings | 2017 | 2016 | 2015 | 2014 | 2013 | |||||||||||||||
Income from continuing operations before income taxes | $ | 636.5 | $ | 702.3 | $ | 722.7 | $ | 682.3 | $ | 604.4 | ||||||||||
Fixed charges | 237.1 | 210.9 | 168.2 | 158.5 | 159.4 | |||||||||||||||
Interest capitalized | (1.0 | ) | (0.5 | ) | (0.9 | ) | (1.2 | ) | (0.7 | ) | ||||||||||
Earnings, as defined | $ | 872.6 | $ | 912.7 | $ | 890.0 | $ | 839.6 | $ | 763.1 | ||||||||||
Fixed Charges | ||||||||||||||||||||
Floorplan interest expense | $ | 97.0 | $ | 76.5 | $ | 58.3 | $ | 53.3 | $ | 53.4 | ||||||||||
Other interest expense (a) | 120.2 | 115.6 | 91.1 | 86.9 | 88.6 | |||||||||||||||
Capitalized interest costs | 1.0 | 0.5 | 0.9 | 1.2 | 0.7 | |||||||||||||||
Interest component of rent expense (b) | 18.9 | 18.3 | 17.9 | 17.1 | 16.7 | |||||||||||||||
Total fixed charges | $ | 237.1 | $ | 210.9 | $ | 168.2 | $ | 158.5 | $ | 159.4 | ||||||||||
Ratio of earnings to fixed charges | 3.7 | 4.3 | 5.3 | 5.3 | 4.8 | |||||||||||||||
(a) | Includes amortization of debt issuance costs and other interest expense associated with discontinued operations. |
(b) | Calculated based on rent expense that includes amounts associated with discontinued operations. |