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EXCEL - IDEA: XBRL DOCUMENT - Unilife CorpFinancial_Report.xls
EX-21 - EX-21 - Unilife Corpd749518dex21.htm
EX-10.31 - EX-10.31 - Unilife Corpd749518dex1031.htm
EX-31.2 - EX-31.2 - Unilife Corpd749518dex312.htm
EX-23.1 - EX-23.1 - Unilife Corpd749518dex231.htm
EX-31.1 - EX-31.1 - Unilife Corpd749518dex311.htm
EX-32.1 - EX-32.1 - Unilife Corpd749518dex321.htm
EX-32.2 - EX-32.2 - Unilife Corpd749518dex322.htm
10-K - 10-K - Unilife Corpd749518d10k.htm

Exhibit 12.1

 

Calculation of Ratio of Earnings to Fixed Charges    Fiscal Year Ended June 30,  
(In thousands)    2014     2013     2012     2011     2010  

Fixed Charges:

          

Interest expense

   $ 7,332      $ 2,392      $ 2,120      $ 511      $ 125   

Capitalized interest

     —          —          —          323        —     

Estimate of interest within rental expense

     193        108        84        217        184   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Fixed Charges

   $ 7,525      $ 2,500      $ 2,204      $ 1,051      $ 309   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings:

          

Add:

          

Loss before income taxes

   $ (57,899   $ (63,198   $ (52,302   $ (40,682   $ (29,748

Fixed charges

     7,525        2,500        2,204        1,051        309   

Less:

          

Capitalized interest

     —          —          —          (323     —     
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Deficiency of earnings to cover fixed charges

   $ (50,374   $ (60,698   $ (50,098   $ (39,954   $ (29,439
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges1

     —          —          —          —          —     

 

1  Earnings for the fiscal years ended June 30, 2014, 2013, 2012, 2011 and 2010 were inadequate to cover fixed charges and accordingly, no ratio to fixed charges is disclosed for those periods.