Attached files

file filename
EX-21 - EX-21 - UTi WORLDWIDE INCd849038dex21.htm
EX-23 - EX-23 - UTi WORLDWIDE INCd849038dex23.htm
EX-32.1 - EX-32.1 - UTi WORLDWIDE INCd849038dex321.htm
EX-31.2 - EX-31.2 - UTi WORLDWIDE INCd849038dex312.htm
EX-10.37 - EX-10.37 - UTi WORLDWIDE INCd849038dex1037.htm
EX-10.32 - EX-10.32 - UTi WORLDWIDE INCd849038dex1032.htm
EX-10.22 - EX-10.22 - UTi WORLDWIDE INCd849038dex1022.htm
EX-10.39 - EX-10.39 - UTi WORLDWIDE INCd849038dex1039.htm
EX-10.38 - EX-10.38 - UTi WORLDWIDE INCd849038dex1038.htm
EX-10.35 - EX-10.35 - UTi WORLDWIDE INCd849038dex1035.htm
EX-10.33 - EX-10.33 - UTi WORLDWIDE INCd849038dex1033.htm
EX-10.40 - EX-10.40 - UTi WORLDWIDE INCd849038dex1040.htm
EX-10.36 - EX-10.36 - UTi WORLDWIDE INCd849038dex1036.htm
EXCEL - IDEA: XBRL DOCUMENT - UTi WORLDWIDE INCFinancial_Report.xls
10-K - FORM 10-K - UTi WORLDWIDE INCd849038d10k.htm
EX-32.2 - EX-32.2 - UTi WORLDWIDE INCd849038dex322.htm
EX-31.1 - EX-31.1 - UTi WORLDWIDE INCd849038dex311.htm

EXHIBIT 12.1

UTi WORLDWIDE INC.

RATIO OF EARNINGS TO FIXED CHARGES

(in thousands)

 

     2015     2014     2013     2012     2011  

Pre-tax (loss)/income from continuing operations (net of non-controlling interest in net income)

   $ (179,136   $ (37,478   $ (42,149   $ 114,648      $ 107,852   

Add: Fixed charges computed below

     111,327        71,792        68,532        71,012        67,246   

Minus: Capitalized interest

     (233     (2,252     (6,908     (4,156     (1,935
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated (loss)/earnings available for Fixed Charges

$ (68,042 $ 32,062    $ 19,475    $ 181,504    $ 173,163   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated Fixed Charges

Interest per financial statements

$ 62,726    $ 34,165    $ 30,486    $ 31,908    $ 30,557   

Portion of rentals (1/3) representing an interest factor

  48,601      37,627      38,046      39,104      36,689   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated Fixed Charges

$ 111,327    $ 71,792    $ 68,532    $ 71,012    $ 67,246   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Consolidated Ratio of Earnings to Fixed Charges(1)

  —        —        —        2.6x      2.6x   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) UTi’s earnings were insufficient to cover its fixed charges by $179,369 and $39,730 for the fiscal years ended January 31, 2015 and 2014, respectively.