Attached files

file filename
EX-10.56 - EX-10.56 - Unilife Corpunis-ex1056_1136.htm
10-K - 10K - Unilife Corpunis-10k_20160630.htm
EX-32.2 - EX-32.2 - Unilife Corpunis-ex322_687.htm
EX-32.1 - EX-32.1 - Unilife Corpunis-ex321_688.htm
EX-31.2 - EX-31.2 - Unilife Corpunis-ex312_690.htm
EX-31.1 - EX-31.1 - Unilife Corpunis-ex311_689.htm
EX-23.1 - EX-23.1 - Unilife Corpunis-ex231_1882.htm
EX-21 - EX-21 - Unilife Corpunis-ex21_13.htm
EX-10.85 - EX-10.85 - Unilife Corpunis-ex1085_2159.htm
EX-10.84 - EX-10.84 - Unilife Corpunis-ex1084_316.htm
EX-10.83 - EX-10.83 - Unilife Corpunis-ex1083_2158.htm
EX-10.82 - EX-10.82 - Unilife Corpunis-ex1082_1800.htm
EX-10.81 - EX-10.81 - Unilife Corpunis-ex1081_318.htm
EX-10.80 - EX-10.80 - Unilife Corpunis-ex1080_1799.htm
EX-10.79 - EX-10.79 - Unilife Corpunis-ex1079_686.htm
EX-10.55 - EX-10.55 - Unilife Corpunis-ex1055_315.htm
EX-10.37 - EX-10.37 - Unilife Corpunis-ex1037_282.htm

Exhibit 12.1

 

Calculation of Ratio of Earnings to Fixed Charges

 

 

 

 

 

Fiscal Year Ended June 30,

 

(In thousands)

 

2016

 

 

2015

 

 

2014

 

 

2013

 

 

2012

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

$

10,187

 

 

$

6,368

 

 

$

7,332

 

 

$

2,392

 

 

$

2,120

 

Capitalized interest

 

 

377

 

 

 

2,161

 

 

 

 

 

 

 

 

 

 

Estimate of interest within rental expense

 

 

409

 

 

 

295

 

 

 

193

 

 

 

108

 

 

 

84

 

Fixed Charges

 

$

10,973

 

 

$

8,824

 

 

$

7,525

 

 

$

2,500

 

 

$

2,204

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Add:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss before income taxes

 

$

(100,783

)

 

$

(90,849

)

 

$

(57,899

)

 

$

(63,198

)

 

$

(52,302

)

Fixed charges

 

 

10,973

 

 

 

8,824

 

 

 

7,525

 

 

 

2,500

 

 

 

2,204

 

Less:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Capitalized interest

 

 

(377

)

 

 

(2,161

)

 

 

 

 

 

 

 

 

 

Deficiency of earnings to cover fixed charges

 

$

(90,187

)

 

$

(84,186

)

 

$

(50,374

)

 

$

(60,698

)

 

$

(50,098

)

Ratio of earnings to fixed charges 1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

Earnings for the fiscal years ended June 30, 2016, 2015, 2014, 2013, and 2012 were inadequate to cover fixed charges and accordingly, no ratio to fixed charges is disclosed for those periods.