EX-12 4 ayi-2012831xex12.htm EXHIBIT 12 AYI-2012.8.31-EX12


Exhibit 12



ACUITY BRANDS, INC.
COMPUTATION OF EARNINGS TO FIXED CHARGES RATIOS
(in millions)
 
 
 
 
 
 
 
 
 
 
 
 
 
2012
 
2011
 
2010
 
2009
 
2008
 
 
 
 
 
 
 
 
 
 
 
 
Earnings:
 
 
 
 
 
 
 
 
 
1.
Income before provision for income taxes
$
179.0

 
$
157.6

 
$
118.8

 
$
127.3

 
$
230.5

 
Fixed Charges:
 
 
 
 
 
 
 
 
 
2.
Interest expense
31.3

 
30.4

 
29.8

 
29.5

 
34.7

3.
Interest factor on rental expense
1.2

 
1.2

 
1.3

 
1.5

 
1.4

4.
Total fixed charges (2 + 3)
32.5

 
31.6

 
31.1

 
31.0

 
36.1

5.
Earnings and fixed charges (1 + 4)
211.5

 
189.2

 
149.9

 
158.3

 
266.6

 
Ratios:
 
 
 
 
 
 
 
 
 
6.
Earnings and fixed charges, to total fixed charges (5 / 4)
6.5

 
6.0

 
4.8

 
5.1

 
7.4

7.
Deficiency of earnings to fixed charges (4 - 5)*
$
—

 
$
—

 
$
—

 
$
—

 
$
—

 
 
 
 
 
 
 
 
 
 
 
* Represents additional earnings that would be necessary to result in a one-to-one ratio of earnings to fixed charges.