EX-12.1 9 a2230904zex-12_1.htm EX-12.1

Exhibit 12.1

 

JANUS CAPITAL GROUP INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

Year Ended December 31,

 

(dollars in millions)

 

2016

 

2015

 

2014

 

2013

 

2012

 

Pretax income from continuing operations, excluding equity in earnings of unconsolidated affiliates

 

$

242.2

 

$

253.3

 

$

257.7

 

$

195.5

 

$

176.6

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

20.8

 

27.7

 

33.1

 

41.1

 

45.0

 

 

 

 

 

 

 

 

 

 

 

 

 

Portion of rents representative of an appropriate interest factor

 

5.8

 

6.0

 

5.7

 

5.5

 

5.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Income as adjusted

 

$

268.8

 

$

287.0

 

$

296.5

 

$

242.1

 

$

226.8

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense on indebtedness

 

$

16.3

 

$

23.4

 

$

26.9

 

$

33.1

 

$

35.7

 

 

 

 

 

 

 

 

 

 

 

 

 

Amortized premiums, discounts and capitalized expenses related to indebtness

 

4.5

 

4.3

 

6.2

 

8.0

 

9.3

 

 

 

 

 

 

 

 

 

 

 

 

 

Portion of rents representative of an appropriate interest factor

 

5.8

 

6.0

 

5.7

 

5.5

 

5.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

26.6

 

$

33.7

 

$

38.8

 

$

46.6

 

$

50.2

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

10.11

 

8.52

 

7.64

 

5.20

 

4.52