Attached files
Exhibit 12
Biomet, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in millions, except ratios)
| Successor | Predecessor | |||||||||||||||||||||
| Year
Ended May 31, 2010 |
Year
Ended May 31, 2009 |
Period
from July 12, 2007 - May 31, 2008 |
Period
from June 1, 2007 - July 11, 2007 |
Years Ended May 31, | ||||||||||||||||||
| 2007 | 2006 | |||||||||||||||||||||
| Earnings: |
||||||||||||||||||||||
| Earnings (loss) before income taxes |
$ | (141.7 | ) | $ | (920.4 | ) | $ | (1,194.3 | ) | $ | (81.9 | ) | $ | 501.6 | $ | 611.0 | ||||||
| Add: Fixed charges (per below) |
516.4 | 618.9 | 603.1 | 0.3 | 9.3 | 11.7 | ||||||||||||||||
| Total earnings (loss) |
$ | 374.7 | $ | (301.5 | ) | $ | (591.2 | ) | $ | (81.6 | ) | $ | 510.9 | $ | 622.7 | |||||||
| Fixed charges: |
||||||||||||||||||||||
| Interest expense (2) |
$ | 516.4 | $ | 618.9 | $ | 603.1 | $ | 0.3 | $ | 9.3 | $ | 11.7 | ||||||||||
| Total fixed charges |
$ | 516.4 | $ | 618.9 | $ | 603.1 | $ | 0.3 | $ | 9.3 | $ | 11.7 | ||||||||||
| Ratio of earnings to fixed charges |
N/A | (1) | N/A | (1) | N/A | (1) | N/A | (1) | 54.9 | 53.2 | ||||||||||||
| (1) | Earnings were inadequate to cover fixed charges for the years ended May 31, 2010 and 2009, for the period July 12, 2007 through May 31, 2008, and for the period June 1, 2007 through July 11, 2007 by $141.7 million, $920.4 million, $1,194.3 million, and $81.9 million, respectively. |
| (2) | Interest expense includes the amortization of deferred financing costs and bond premium. |