Attached files

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EX-32.2 - EX-32.2 - VANTAGE DRILLING INTERNATIONALvdi-ex322_6.htm
EX-32.1 - EX-32.1 - VANTAGE DRILLING INTERNATIONALvdi-ex321_7.htm
EX-31.2 - EX-31.2 - VANTAGE DRILLING INTERNATIONALvdi-ex312_8.htm
EX-31.1 - EX-31.1 - VANTAGE DRILLING INTERNATIONALvdi-ex311_10.htm
EX-21 - EX-21 - VANTAGE DRILLING INTERNATIONALvdi-ex21_9.htm
10-K - 10-K 12-31-2017 - VANTAGE DRILLING INTERNATIONALvdi-10k_20171231.htm

Exhibit 12.1

 

 

Ratio of Earnings to Fixed Charges

(In thousands, except Ratio of Earnings to Fixed Charges)

 

 

 

 

 

 

Successor

 

 

 

Year Ended

 

 

 

December 31, 2017

 

Earnings (Loss)

 

 

 

Loss before provision for income taxes and minority interest

 

$           (135,618)

 

Fixed charges

 

                 76,807

 

  Minority interest in pre-tax income of subsidiaries with no fixed charges

 

-

 

   Loss as adjusted

 

$           (58,811)

 

 

 

 

 

Fixed Charges

 

 

 

Interest expense

 

$               76,441

 

Portion of rental expense representative of the interest factor

 

                       366

 

   Total fixed charges

 

$               76,807

 

 

 

 

 

Ratio of earnings to fixed charges (a)

 

                              -

 

 

 

 

 

(a) For the year ended December 31, 2017 earnings were not sufficient to cover fixed charges by approximately $135.6 million.