Attached files

file filename
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex321_7.htm
EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC.fox-ex312_6.htm
EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC.fox-ex311_8.htm
10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC.fox-10q_20170331.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,

 

 

 

2017

 

 

2016

 

Earnings

 

 

 

 

 

 

 

 

Income from continuing operations before income tax expense

 

$

3,874

 

 

$

3,608

 

Add

 

 

 

 

 

 

 

 

Equity losses (earnings) of affiliates

 

 

57

 

 

 

(38

)

Cash distributions received from affiliates

 

 

182

 

 

 

225

 

Fixed charges, excluding capitalized interest

 

 

969

 

 

 

947

 

Amortization of capitalized interest

 

 

19

 

 

 

17

 

 

 

 

 

 

 

 

 

 

Total earnings available for fixed charges

 

$

5,101

 

 

$

4,759

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

 

 

 

 

 

 

 

Interest on debt and finance lease charges

 

$

909

 

 

$

888

 

Capitalized interest

 

 

14

 

 

 

17

 

Interest element on rental expense

 

 

60

 

 

 

59

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

983

 

 

$

964

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

 

5.2

 

 

 

4.9