EX-12.1 38 d390627dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES. Computation of Ratio of Earnings to Fixed Charges.

Exhibit 12.1

INFOR, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Year Ended May 31,  
(in millions, except ratios)    2012     2011     2010     2009     2008  

Fixed charges:

           

Interest expense on indebtedness

    $ 468.4      $ 313.9      $ 305.6      $ 409.7      $ 464.9   

Rent interest factor (1)

      21.0        14.5        15.8        17.0        22.1   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total fixed charges

    $ 489.4      $ 328.4      $ 321.4      $ 426.7      $ 487.0   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Earnings:

           

Income (loss) before provision for income taxes

    $ (326.3 )    $ (191.2 )    $ (50.8 )    $ (215.9 )    $ (489.1 ) 

Fixed charges

      489.4        328.4        321.4        426.7        487.0   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total earnings

    $ 163.1      $ 137.2      $ 270.6      $ 210.8      $ (2.1 ) 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Dollar amount of one-to-one coverage deficiency (2)

    $ 326.3      $ 191.2      $ 50.8      $ 215.9      $ 489.1   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

(1)

Approximately 1/ 3 of our rent expense relating to operating leases is deemed representative of the applicable interest factor.

(2) Our ratio of earnings to fixed charges was below a one-to-one coverage for each of the fiscal years presented as our earnings were not adequate to cover our fixed charges. The dollar amount of the coverage deficiency is presented above.