EX-7.1 2 d370136dex71.htm EX-7.1 RATIO OF EARNINGS TO FIXED CHARGES EX-7.1 Ratio of Earnings to Fixed Charges

Exhibit 7.1

 

 

AMÉRICA MÓVIL, S.A.B. DE C.V. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     2014      2015      2016  
      (in thousands of Mexican pesos, except ratios)  
 IFRS                           
 Earnings:                           

Income before taxes on profits

   Ps.   87,205,269      Ps.   56,140,433      Ps.   23,477,595  

Plus:

                          

Interest expense

     33,134,918        32,596,851        35,896,985  

Interest implicit in operating leases

     849,904        777,378        1,024,874  

Current period amortization of interest capitalized in prior periods

     2,953,503        3,026,890        3,169,558  

Less:

                          

Equity interest in net income of associates

     6,073,009        1,426,696        (189,950
     Ps.   130,216,602      Ps.   93,968,248      Ps.   63,379,062  
 Fixed Charges:                           

Interest expense

     34,134,918        32,596,851        35,896,985  

Interest implicit in operating leases

     849,904        777,378        1,024,874  

Interest capitalized during the period

     3,258,928        3,524,841        2,861,307  
     Ps.   37,243,750      Ps.   36,899,070      Ps.   39,783,166  

 Ratio of earnings to fixed charges

     3.5        2.5        1.6