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EXCEL - IDEA: XBRL DOCUMENT - OPEN TEXT CORPFinancial_Report.xls
EX-32.1 - EXHIBIT - OPEN TEXT CORPexhibit321q4-14.htm
EX-31.1 - EXHIBIT - OPEN TEXT CORPexhibit311q4-14.htm
EX-31.2 - EXHIBIT - OPEN TEXT CORPexhibit312q4-14.htm
EX-23.1 - EXHIBIT - OPEN TEXT CORPexhibit231consentkpmg.htm
EX-32.2 - EXHIBIT - OPEN TEXT CORPexhibit322q4-14.htm
EX-10.21 - EXHIBIT - OPEN TEXT CORPexhibit1021-jhemployement.htm
EX-10.22 - EXHIBIT - OPEN TEXT CORPexhibit1022-jdemployment.htm
EX-10.23 - EXHIBIT - OPEN TEXT CORPexhibit1023-mjbamendment.htm
EX-21.1 - EXHIBIT - OPEN TEXT CORPexhibit211-subsidaries.htm
EX-10.20 - EXHIBIT - OPEN TEXT CORPexhibit1020-mmemployement.htm
10-K - 10-K - OPEN TEXT CORPa10-kq4x14.htm


Exhibit 12.1

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERENCE DIVIDENDS
The following table reflects the computation of the ratio of earnings to combined fixed charges and preference dividends for the periods presented (in thousands, except for ratios):

 
Year Ended June 30,
 
2014
2013
2012
2011
2010
Computation of earnings:
 
 
 
 
 
Earnings before taxes

$276,535


$178,210


$137,345


$136,134


$91,147

Add:
 
 
 
 
 
Losses attributable to non-controlling interests
51





Fixed charges (see below)
27,934

16,982

15,564

8,452

8,798

 

$304,520


$195,192


$152,909


$144,586


$99,945

Computation of combined fixed charges and preference dividends:
 
 
 
 
 
Fixed charges:
 
 
 
 
 
Interest expense

$27,934


$16,982


$15,564


$8,452


$8,798

Preference dividends





Total combined fixed charges and preference dividends

$27,934


$16,982


$15,564


$8,452


$8,798

 
 
 
 
 
 
Ratio of earnings to fixed charges (1)
10.90

11.49

9.82

17.11

11.36

Ratio of earnings to combined fixed charges and preference dividends (1) (2)
10.90

11.49

9.82

17.11

11.36

__________
(1) For the purpose of these calculations, "earnings" is the amount resulting from adding together earnings before taxes, fixed charges, and losses attributable to non-controlling interests. "Fixed charges" includes interest expensed, capitalized and capitalized expenses related to indebtedness.
(2) There were no preference shares outstanding for the indicated periods. Accordingly, the ratio of earnings to combined fixed charges and preference dividends was identical to the ratio of earnings to fixed charges for each period.