Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - National CineMedia, LLC | Financial_Report.xls |
EX-32.1 - EX-32.1 - National CineMedia, LLC | d889840dex321.htm |
EX-32.2 - EX-32.2 - National CineMedia, LLC | d889840dex322.htm |
EX-31.1 - EX-31.1 - National CineMedia, LLC | d889840dex311.htm |
EX-31.2 - EX-31.2 - National CineMedia, LLC | d889840dex312.htm |
10-K - 10-K - National CineMedia, LLC | d889840d10k.htm |
Exhibit 12.1
NATIONAL CINEMEDIA, LLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratios)
Year Ended Jan. 1, 2015 |
Year Ended Dec. 26, 2013 |
Year Ended Dec. 27, 2012 |
Year Ended Dec. 29, 2011 |
Year Ended Dec. 30, 2010 |
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Earnings: |
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Income (loss) before income taxes |
$ | 97.1 | $ | 163.6 | $ | 101.6 | $ | 134.8 | $ | 140.7 | ||||||||||
Fixed charges |
61.3 | 61.8 | 57.7 | 50.5 | 49.7 | |||||||||||||||
Equity loss from investment, net |
| | | | 0.7 | |||||||||||||||
Total Earnings |
$ | 158.4 | $ | 225.4 | $ | 159.3 | $ | 185.3 | $ | 191.1 | ||||||||||
Fixed Charges: |
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Interest expense |
$ | 58.5 | $ | 59.0 | $ | 55.3 | $ | 48.2 | $ | 47.8 | ||||||||||
Amortized premiums, discounts and capitalized expenses related to indebtedness |
2.8 | 2.8 | 2.4 | 2.3 | 1.9 | |||||||||||||||
Total Fixed Charges |
61.3 | 61.8 | 57.7 | 50.5 | 49.7 | |||||||||||||||
Ratio of earnings to fixed charges |
2.6 | x | 3.6 | x | 2.8 | x | 3.7 | x | 3.8 | x |
For purposes of calculating the ratio of earnings to fixed charges, earnings consist of income before income taxes plus equity loss from investment, net and fixed charges, and fixed charges consist of interest expensed and amortized premiums, discounts and capitalized expenses related to indebtedness.