Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - PERRIGO Co plc | d158227d8k.htm |
| EX-4.1 - EX-4.1 - PERRIGO Co plc | d158227dex41.htm |
| EX-5.2 - EX-5.2 - PERRIGO Co plc | d158227dex52.htm |
| EX-3.2 - EX-3.2 - PERRIGO Co plc | d158227dex32.htm |
| EX-1.1 - EX-1.1 - PERRIGO Co plc | d158227dex11.htm |
| EX-5.1 - EX-5.1 - PERRIGO Co plc | d158227dex51.htm |
| EX-3.1 - EX-3.1 - PERRIGO Co plc | d158227dex31.htm |
| EX-99.1 - EX-99.1 - PERRIGO Co plc | d158227dex991.htm |
| EX-99.2 - EX-99.2 - PERRIGO Co plc | d158227dex992.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
| Transition Period from June 18 to December 31 |
Fiscal Years | |||||||||||||||||||||||
| (Dollars in millions) | 2015 | 2015 | 2014 | 2013 | 2012 | 2011 | ||||||||||||||||||
| Earnings (losses) |
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| Pretax income (loss) related to continuing operations before adjustments for income or loss from equity investees |
$ | (23.2 | ) | $ | 248.0 | $ | 272.6 | $ | 607.7 | $ | 512.0 | $ | 450.6 | |||||||||||
| Fixed charges |
97.6 | 159.1 | 117.1 | 79.2 | 72.6 | 51.3 | ||||||||||||||||||
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| Earnings available for fixed charges |
$ | 74.4 | $ | 407.1 | $ | 389.7 | $ | 686.9 | $ | 584.6 | $ | 501.9 | ||||||||||||
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| Fixed charges |
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| Interest expense |
$ | 88.9 | $ | 146.0 | $ | 105.6 | $ | 70.0 | $ | 64.7 | $ | 44.3 | ||||||||||||
| Rent interest factor |
8.7 | 13.1 | 11.5 | 9.2 | 7.9 | 7.0 | ||||||||||||||||||
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| Total fixed charges |
$ | 97.6 | $ | 159.1 | $ | 117.1 | $ | 79.2 | $ | 72.6 | $ | 51.3 | ||||||||||||
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| Ratio of earnings to fixed charges |
(1 | ) | 2.6x | 3.3x | 8.7x | 8.1x | 9.8x | |||||||||||||||||
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| (1) | The ratio of earnings to fixed charges was less than one-to-one for the transition period from June 28, 2015 to December 31, 2015. The total fixed charges for that period were $97.6 million, and the total earnings were $74.4 million. The deficiency amount or the amount of fixed charges in excess of earnings for that period was $23.2 million. |