Attached files
file | filename |
---|---|
EX-32 - Emergent BioSolutions Inc. | exhibit32_1.htm |
EX-31 - Emergent BioSolutions Inc. | exhibit31_2.htm |
EX-31 - Emergent BioSolutions Inc. | exhibit31_1.htm |
EX-32 - Emergent BioSolutions Inc. | exhibit32_2.htm |
10-Q - Emergent BioSolutions Inc. | form10-q033115.htm |
EXHIBIT 12
Ratio of Earnings to Fixed Charges
|
||||||||||||||||||||||||
Year to Date
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||||||||||||||||||||||||
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June 30,
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Year Ended December 31,
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||||||||||||||||||||||
(in thousands)
|
2015
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2014
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2013
|
2012
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2011
|
2010
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||||||||||||||||||
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||||||||||||||||||||||||
Pretax income (loss) from continuing operations (1)
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$
|
(10,188
|
)
|
$
|
53,062
|
$
|
44,243
|
$
|
37,446
|
$
|
38,849
|
$
|
77,880
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|||||||||||
Fixed charges
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||||||||||||||||||||||||
Interest expense
|
3,877
|
7,480
|
1,973
|
2,177
|
1,719
|
1,778
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||||||||||||||||||
Debt issuance cost
|
801
|
3,274
|
319
|
67
|
135
|
113
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||||||||||||||||||
Total fixed charges (2)
|
4,678
|
10,754
|
2,244
|
2,244
|
1,854
|
1,891
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||||||||||||||||||
Noncontrolling interest in pretax income (3)
|
-
|
-
|
876
|
5,381
|
6,906
|
4,514
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||||||||||||||||||
Capitalized interest (4)
|
1,390
|
2,530
|
1,973
|
2,171
|
1,713
|
1,796
|
||||||||||||||||||
Earnings ((1) + (2) -(3) -(4))
|
(6,900
|
)
|
61,286
|
43,686
|
32,138
|
32,084
|
73,461
|
|||||||||||||||||
Fixed charges
|
4,678
|
10,754
|
2,292
|
2,244
|
1,854
|
1,891
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||||||||||||||||||
Ratio of earnings to fixed charges
|
-
|
5.7
|
19.1
|
14.3
|
17.3
|
38.8
|
||||||||||||||||||
Coverage deficiency
|
$
|
(10,188
|
)
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|
$
|
-
|