Attached files
file | filename |
---|---|
EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex312_9.htm |
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex321_8.htm |
EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex311_6.htm |
10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC. | fox-10q_20150930.htm |
Exhibit 12.1
Twenty-First Century Fox, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in Millions, Except Ratio Amounts)
(Unaudited)
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For the three months ended September 30, |
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2015 |
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2014 |
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Earnings: |
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Income from continuing operations before income tax expense |
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$ |
1,053 |
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$ |
1,603 |
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Add: |
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Equity earnings of affiliates |
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(35 |
) |
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(379 |
) |
Cash distributions received from affiliates |
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6 |
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3 |
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Fixed charges, excluding capitalized interest |
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315 |
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341 |
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Amortization of capitalized interest |
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6 |
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10 |
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Total earnings available for fixed charges |
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$ |
1,345 |
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$ |
1,578 |
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Fixed charges: |
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Interest on debt and finance lease charges |
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$ |
295 |
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$ |
305 |
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Capitalized interest |
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3 |
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5 |
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Interest element on rental expense |
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20 |
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36 |
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Total fixed charges |
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$ |
318 |
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$ |
346 |
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Ratio of earnings to fixed charges |
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4.2 |
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4.6 |
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