Attached files

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EXCEL - IDEA: XBRL DOCUMENT - National CineMedia, LLCFinancial_Report.xls
EX-32.1 - EX-32.1 - National CineMedia, LLCd889840dex321.htm
EX-32.2 - EX-32.2 - National CineMedia, LLCd889840dex322.htm
EX-31.1 - EX-31.1 - National CineMedia, LLCd889840dex311.htm
EX-31.2 - EX-31.2 - National CineMedia, LLCd889840dex312.htm
10-K - 10-K - National CineMedia, LLCd889840d10k.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
 

Earnings:

         

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:

         

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     3.6     2.8     3.7     3.8

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.