Attached files
file | filename |
---|---|
10-K - FORM 10-K - VWR Funding, Inc. | c97240e10vk.htm |
EX-24 - EXHIBIT 24 - VWR Funding, Inc. | c97240exv24.htm |
EX-21.1 - EXHIBIT 21.1 - VWR Funding, Inc. | c97240exv21w1.htm |
EX-31.2 - EXHIBIT 31.2 - VWR Funding, Inc. | c97240exv31w2.htm |
EX-32.2 - EXHIBIT 32.2 - VWR Funding, Inc. | c97240exv32w2.htm |
EX-31.1 - EXHIBIT 31.1 - VWR Funding, Inc. | c97240exv31w1.htm |
EX-32.1 - EXHIBIT 32.1 - VWR Funding, Inc. | c97240exv32w1.htm |
EX-10.6(B) - EXHIBIT 10.6 (B) - VWR Funding, Inc. | c97240exv10w6xby.htm |
EX-10.8(A) - EXHIBIT 10.8 (A) - VWR Funding, Inc. | c97240exv10w8xay.htm |
EX-10.8(B) - EXHIBIT 10.8 (B) - VWR Funding, Inc. | c97240exv10w8xby.htm |
EX-10.6(A) - EXHIBIT 10.6 (A) - VWR Funding, Inc. | c97240exv10w6xay.htm |
EX-10.12(F) - EXHIBIT 10.12 (F) - VWR Funding, Inc. | c97240exv10w12xfy.htm |
EX-10.12(E) - EXHIBIT 10.12 (E) - VWR Funding, Inc. | c97240exv10w12xey.htm |
EX-10.12(G) - EXHIBIT 10.12 (G) - VWR Funding, Inc. | c97240exv10w12xgy.htm |
EX-10.9 - EXHIBIT 10.9 - VWR Funding, Inc. | c97240exv10w9.htm |
Exhibit 12.1
VWR FUNDING, INC.
Computation of Ratio of Earnings to Fixed Charges
Computation of Ratio of Earnings to Fixed Charges
Successor | Predecessor | ||||||||||||||||
Year Ended December 31, | Year Ended December 31, 2007 | ||||||||||||||||
June 30 - | January 1 - | ||||||||||||||||
(In Millions) | 2009 | 2008 | December 31, 2007 | June 29, 2007 | |||||||||||||
(Loss) income before income taxes
and equity method earnings |
$ | (39.6 | ) | $ | (450.1 | ) | $ | (91.7 | ) | $ | (34.3 | ) | |||||
Add: Equity method earnings |
| | | 0.4 | |||||||||||||
Add: Fixed charges |
238.2 | 301.1 | 136.4 | 107.4 | |||||||||||||
Earnings, as defined |
$ | 198.6 | $ | (149.0 | ) | $ | 44.7 | $ | 73.5 | ||||||||
Fixed Charges: |
|||||||||||||||||
Interest expense |
$ | 226.8 | $ | 289.6 | $ | 130.4 | $ | 101.8 | |||||||||
One-third rental expense |
11.4 | 11.5 | 6.0 | 5.6 | |||||||||||||
Total Fixed Charges |
$ | 238.2 | $ | 301.1 | $ | 136.4 | $ | 107.4 | |||||||||
Ratio of Earnings to Fixed Charges(1) |
| | | | |||||||||||||
(1) | Earnings were insufficient to cover fixed charges for the years ended
December 31, 2009 and 2008 and for the periods from June 30 through
December 31, 2007 and from January 1 through June 29, 2007
by $39.6
million, $450.1 million, $91.7 million and $33.9 million,
respectively. |
For purpose of calculating the ratio of earnings to fixed charges, (1) earnings is defined as
(loss) income before income taxes and equity method earnings or losses plus fixed charges and
distributed earnings of investees, and (2) fixed charges is defined as interest expense (including
amortization of debt issuance costs) and one-third of rental expense (which we believe is
representative of the interest component of operating lease rent expense).