Attached files

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10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC.fox-10q_20160331.htm
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex321_6.htm
EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex312_7.htm
EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex311_8.htm

Exhibit 12.1

Twenty-First Century Fox, Inc.

Computation of Ratio of Earnings to Fixed Charges

(in Millions, Except Ratio Amounts)

(Unaudited)

  

  

 

For the nine months ended

March 31,

 

 

 

2016

 

 

2015

 

Earnings:

 

 

 

 

 

 

 

 

Income from continuing operations before income tax expense

 

$

3,608

 

 

$

9,607

 

Add:

 

 

 

 

 

 

 

 

Equity earnings of affiliates

 

 

(38

)

 

 

(959

)

Cash distributions received from affiliates

 

 

225

 

 

 

223

 

Fixed charges, excluding capitalized interest

 

 

947

 

 

 

992

 

Amortization of capitalized interest

 

 

17

 

 

 

24

 

 

 

 

 

 

 

 

 

 

Total earnings available for fixed charges

 

$

4,759

 

 

$

9,887

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest on debt and finance lease charges

 

$

888

 

 

$

907

 

Capitalized interest

 

 

17

 

 

 

19

 

Interest element on rental expense

 

 

59

 

 

 

85

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

964

 

 

$

1,011

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

4.9

 

 

 

9.8