EX-12 3 enr10kq42014exhibit12.htm ENERGIZER HOLDINGS, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ENR 10K Q4 2014 Exhibit 12


Exhibit 12    
Energizer Holdings, Inc.
Computation of Ratio of Earnings to Fixed Charges
(In millions except ratios)


 
 
Twelve Months Ended September 30,
 
 
2014
 
2013
 
2012
 
2011
 
2010
EARNINGS BEFORE INCOME TAXES
 
$473.5
 
$567.9
 
$565.4
 
$406.0
 
$543.4
 
 
 
 
 
 
 
 
 
 
 
ADDITIONS:
 
 
 
 
 
 
 
 
 
 
Interest Expense
 
122.6

 
130.5

 
127.3

 
121.4

 
125.4

Deferred Financing recorded in SGA
 
—

 
—

 
—

 
0.5

 
0.1

Estimated portion of rental expense attributable to interest
 
2.2

 
2.2

 
2.3

 
2.4

 
2.3

TOTAL FIXED CHARGES
 
124.8

 
132.7

 
129.6

 
124.3

 
127.8

EARNINGS BEFORE INCOME TAXES PLUS FIXED CHARGES
 
$598.3
 
$700.6
 
$695.0
 
$530.3
 
$671.2
RATIO OF EARNINGS TO FIXED CHARGES
 
4.8

 
5.3

 
5.4

 
4.3

 
5.3