Catalent Pharma Solutions, Inc. - FORM 10-K - EX-12.1 - STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - September 17, 2010

Attached files

file	filename
10-K - FORM 10-K - Catalent Pharma Solutions, Inc.	d10k.htm
EX-10.3 - FORM OF SEVERANCE AGREEMENT - Catalent Pharma Solutions, Inc.	dex103.htm
EX-31.2 - CERTIFICATION OF THE CFO PURSUANT TO RULE 13A-14(A) OR RULE 15D-14(A) - Catalent Pharma Solutions, Inc.	dex312.htm
EX-10.8 - MANAGEMENT EQUITY SUBSCRIPTION AGREEMENT (ARTHUR J. HIGGINS) - Catalent Pharma Solutions, Inc.	dex108.htm
EX-31.1 - CERTIFICATION OF THE CEO PURSUANT TO RULE 13A-14(A) OR RULE 15D-14(A) - Catalent Pharma Solutions, Inc.	dex311.htm
EX-32.1 - CERTIFICATION OF THE CEO PURSUANT TO 18 U.S.C. SECTION 1350 - Catalent Pharma Solutions, Inc.	dex321.htm
EX-32.2 - CERTIFICATION OF THE CFO PURSUANT TO 18 U.S.C. SECTION 1350 - Catalent Pharma Solutions, Inc.	dex322.htm
EX-21.1 - LIST OF SUBSIDIARIES - Catalent Pharma Solutions, Inc.	dex211.htm
EX-10.6 - OFFER LETTER, DATED JULY 24, 2009 (SCOTT HOULTON) - Catalent Pharma Solutions, Inc.	dex106.htm
EX-10.4 - OFFER LETTER, DATED MAY 4, 2009 (STEPHEN LEONARD) - Catalent Pharma Solutions, Inc.	dex104.htm
EX-10.7 - MANAGEMENT EQUITY SUBSCRIPTION AGREEMENT (MELVIN D. BOOTH) - Catalent Pharma Solutions, Inc.	dex107.htm
EX-10.5 - OFFER LETTER, DATED DECEMBER 16, 2009 (KURT NIELSEN) - Catalent Pharma Solutions, Inc.	dex105.htm
EX-10.18 - FORM OF NONQUALIFIED STOCK OPTION AGREEMENT - Catalent Pharma Solutions, Inc.	dex1018.htm
EX-10.16 - AMENDMENT NO. 1 TO THE 2007 PTS HOLDING CORP. STOCK INCENTIVE PLAN - Catalent Pharma Solutions, Inc.	dex1016.htm

Exhibit 12.1

Statement Regarding Computation of Ratio of Earnings to Fixed Charges


		For the Fiscal Year Ended 2010				For the Fiscal Year Ended 2009				For the Fiscal Year Ended 2008				For the Period April 10, 2007 to June 2007				For the Period July 1, 2006 to April 9, 2007			For the Fiscal Year Ended 2006
(in millions, except for ratios)
Earnings/(loss) from continuing operations before income taxes and noncontrolling interest		$	(260.6	)		$	(256.7	)		$	(534.1	)		$	(164.4	)		$	48.4		$	108.4
Plus Fixed Charges:
Interest expense			160.8				181.6				201.2				44.1				8.9			6.8
Capital interest			1.4				—				—				—				—			4.1
Estimated interest within rental expense			6.7				6.6				4.6				0.9				3.6			6.1

Total Fixed Charges			168.9				188.2				205.8				45.0				12.5			17.0
Plus: amortization of capitalized interest			2.5				2.5				2.5				0.3				0.5			0.4
Less: Interest expense capitalized			1.4				—				—				—				—			4.1

Earnings			(90.6	)			(66.0	)			(325.8	)			(119.1	)			61.4			121.7

Ratio of earnings to fixed charges																			4.9			7.2
Shortfall			(259.5	)			(254.2	)			(531.6	)			(164.1	)