Attached files
| file | filename |
|---|---|
| 10-K - 10-K - Booking Holdings Inc. | pcln-20151231_10k.htm |
| EX-21 - EXHIBIT 21 - Booking Holdings Inc. | pcln-20151231_10kex21.htm |
| EX-31.1 - EXHIBIT 31.1 - Booking Holdings Inc. | pcln-20151231_10kex311.htm |
| EX-31.2 - EXHIBIT 31.2 - Booking Holdings Inc. | pcln-20151231_10kex312.htm |
| EX-23.1 - EXHIBIT 23.1 - Booking Holdings Inc. | pcln-20151231_10kex231.htm |
| EX-32.1 - EXHIBIT 32.1 - Booking Holdings Inc. | pcln-20151231_10kex321.htm |
| EX-32.2 - EXHIBIT 32.2 - Booking Holdings Inc. | pcln-20151231_10kex322.htm |
| EX-10.10 - EXHIBIT 10.10 - Booking Holdings Inc. | pcln-20151231_10kex1010.htm |
| EX-10.11 - EXHIBIT 10.11 - Booking Holdings Inc. | pcln-20151231_10kex1011.htm |
Exhibit 12.1
The Priceline Group Inc.
Ratio of Earnings to Fixed Charges
(In thousands)
Year Ended December 31, | ||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||
Earnings Computation: | ||||||||||||||||||||
Earnings before income taxes | $ | 3,128,320 | $ | 2,989,448 | $ | 2,296,537 | $ | 1,761,869 | $ | 1,367,794 | ||||||||||
Less: | ||||||||||||||||||||
Net income attributable to noncontrolling interests, before tax | — | — | (175 | ) | (5,922 | ) | (3,756 | ) | ||||||||||||
Add: | ||||||||||||||||||||
Fixed charges | 189,033 | 112,399 | 100,798 | 75,964 | 40,189 | |||||||||||||||
Total earnings as adjusted | $ | 3,317,353 | $ | 3,101,847 | $ | 2,397,160 | $ | 1,831,911 | $ | 1,404,227 | ||||||||||
Fixed Charges Computation | ||||||||||||||||||||
Interest Expense | $ | 160,229 | $ | 88,353 | $ | 83,289 | $ | 62,064 | $ | 31,721 | ||||||||||
Assumed interest element included in rent expense | 28,804 | 24,046 | 17,509 | 13,900 | 8,468 | |||||||||||||||
Total fixed charges | $ | 189,033 | $ | 112,399 | $ | 100,798 | $ | 75,964 | $ | 40,189 | ||||||||||
Ratio of earnings to fixed charges | 17.5 | 27.6 | 23.8 | 24.1 | 34.9 | |||||||||||||||