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EX-99.12 - EXHIBIT 99.12 - SCIENTIFIC GAMES CORPcopyofexhibit9912gamingreg.htm
EX-99.2 - EXHIBIT 99.2 - SCIENTIFIC GAMES CORPcopyofexhibit992lnsaudited.htm
EX-99.1 - EXHIBIT 99.1 - SCIENTIFIC GAMES CORPcopyofexhibit991lnsauditre.htm
EX-32.2 - EXHIBIT 32.2 - SCIENTIFIC GAMES CORPcopyofexhibit322certificat.htm
EX-32.1 - EXHIBIT 32.1 - SCIENTIFIC GAMES CORPcopyofexhibit321certificat.htm
EX-31.2 - EXHIBIT 31.2 - SCIENTIFIC GAMES CORPcopyofexhibit312certificat.htm
EX-31.1 - EXHIBIT 31.1 - SCIENTIFIC GAMES CORPcopyofexhibit311certificat.htm
EX-23.2 - EXHIBIT 23.2 - SCIENTIFIC GAMES CORPcopyofexhibit232lnsconsent.htm
EX-23.1 - EXHIBIT 23.1 - SCIENTIFIC GAMES CORPcopyofexhibit231dtconsentl.htm
EX-21 - EXHIBIT 21 - SCIENTIFIC GAMES CORPcopyofexhbit21sgcsubsidiar.htm
EX-10.46 - EXHIBIT 10.46 - SCIENTIFIC GAMES CORPexhibit1046agreementandgen.htm
10-K - 10-K - SCIENTIFIC GAMES CORPsgms1231201610k.htm


Exhibit 12



 
Ratio of Earnings to Fixed Charges (in millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
2013
2014
2015
2016
 
 
 
 
 
 
 
 
 
 
Net loss before income tax expense and earnings from equity investments
 
(75.7
)
(153.5
)
(507.1
)
(1,711.3
)
(215.7
)
 
 
 
 
 
 
 
 
 
 
Add fixed charges:
 
 
 
 
 
 
 
 
 
Interest expense including amortization of debt issuance costs
 
100.0

119.5

307.2

664.9

661.4

 
 
Estimate of interest within rental expense
 
5.4

5.6

14.8

15.7

4.7

 
 
Total fixed charges
 
105.4

125.1

322.0

680.6

666.1

 
 
 
 
 
 
 
 
 
 
 
Distributed earnings from equity investments
 
38.1

29.5

28.5

24.9

26.4

 
 
 
 
 
 
 
 
 
 
 
Adjusted earnings
 
67.8

1.1

(156.6
)
(1,005.8
)
476.8

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges (1)
 
 
0.6


(0.5
)
(1.5
)
0.7

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


(1)
The ratio of earnings to fixed charges is computed by dividing adjusted earnings by fixed charges. Earnings before fixed charges were inadequate to cover total fixed charges by $37.6 million, $124.0 million, $478.6 million, $1,686.3 million and $189.0 million for years ended 2012, 2013, 2014, 2015 and 2016, respectively.