Attached files

file filename
10-K - 10-K - CTI BIOPHARMA CORPcti10k12312015document.htm
EX-31.1 - EXHIBIT 31.1 - CTI BIOPHARMA CORPexhibit311sect302certceo.htm
EX-31.2 - EXHIBIT 31.2 - CTI BIOPHARMA CORPexhibit312sect302certcfo.htm
EX-32 - EXHIBIT 32 - CTI BIOPHARMA CORPexhibit32sect906certceocfo.htm
EX-10.36 - EXHIBIT 10.36 - CTI BIOPHARMA CORPexhibit1036ltipamendmentjb.htm
EX-10.11 - EXHIBIT 10.11 - CTI BIOPHARMA CORPexhibit1011smtseveranceagr.htm
EX-10.37 - EXHIBIT 10.37 - CTI BIOPHARMA CORPexhibit1037ltipamendmentmp.htm
EX-23.1 - EXHIBIT 23.1 - CTI BIOPHARMA CORPexhibit231accountingfirmco.htm
EX-10.5 - EXHIBIT 10.5 - CTI BIOPHARMA CORPexhibit105amendment3todrbi.htm
EX-21.1 - EXHIBIT 21.1 - CTI BIOPHARMA CORPexhibit21110kfy2015subsidi.htm
EX-10.35 - EXHIBIT 10.35 - CTI BIOPHARMA CORPexhibit1035seeleyltipaward.htm
EX-10.12 - EXHIBIT 10.12 - CTI BIOPHARMA CORPexhibit1012directorcompens.htm

Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratio of earnings to fixed charges for each of the periods indicated:
 
Year ended December 31,
 
2015
2014
2013
2012
2011
Ratio of earnings to fixed charges (1)

(1)     Earnings were not sufficient to cover fixed charges for each of the periods indicated. Earnings consist of income (loss) before provision for income taxes plus fixed charges less income (loss) attributable to noncontrolling interest. Fixed charges consist of interest charges, amortization of debt expense and discount related to indebtedness, and that portion of rental payments under operating leases we believe to be representative of interest. Earnings for the years ended December 31, 2015, 2014, 2013, 2012 and 2011, were insufficient to cover fixed charges by $122.6, $96.0, $49.6, $115.3 and $121.1 (in millions), respectively. For this reason, no ratios are provided for these periods.