Attached files
file | filename |
---|---|
EX-32.1 - EX-32.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex321_36.htm |
EX-31.1 - EX-31.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex311_35.htm |
EX-31.2 - EX-31.2 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex312_34.htm |
EX-10.1 - EX-10.1 - TWENTY-FIRST CENTURY FOX, INC. | fox-ex101_539.htm |
10-Q - 10-Q - TWENTY-FIRST CENTURY FOX, INC. | fox-10q_20171231.htm |
Exhibit 12.1
Twenty-First Century Fox, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in Millions, Except Ratio Amounts)
(Unaudited)
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For the six months ended December 31, |
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2017 |
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2016 |
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Earnings |
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Income from continuing operations before income tax benefit (expense) |
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$ |
1,998 |
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$ |
2,622 |
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Add |
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Equity (earnings) losses of affiliates |
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(27 |
) |
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6 |
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Cash distributions received from affiliates |
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11 |
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184 |
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Fixed charges, excluding capitalized interest |
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674 |
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638 |
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Amortization of capitalized interest |
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13 |
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15 |
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Total earnings available for fixed charges |
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$ |
2,669 |
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$ |
3,465 |
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Fixed charges |
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Interest on debt and finance lease charges |
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$ |
625 |
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$ |
599 |
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Capitalized interest |
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14 |
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9 |
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Interest element on rental expense |
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49 |
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39 |
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Total fixed charges |
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$ |
688 |
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$ |
647 |
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Ratio of earnings to fixed charges |
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3.9 |
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5.4 |
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