EX-12.1 3 dlph2013ex121.htm EXHIBIT 12.1 DLPH 2013 EX12.1

Exhibit 12.1
DELPHI AUTOMOTIVE PLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Successor
 
 
Predecessor
 
Year ended December 31,
 
Period from August 19 to December 31, 2009
 
 
Period from January 1 
to October 6, 2009
 
2013
 
2012
 
2011
 
2010
 
 
 
 
(dollars in millions)
 
 
(dollars in millions)
Income (loss) before income taxes and equity income
$
1,523

 
$
1,345

 
$
1,506

 
$
944

 
$
(35
)
 
 
$
9,116

Cash dividends received from non-consolidated affiliates and other
(46
)
 
42

 
(36
)
 
(7
)
 
(1
)
 
 
2

Portion of rentals deemed to be interest
36

 
33

 
31

 
32

 
11

 
 
25

Interest and related charges on debt
182

 
137

 
139

 
38

 
8

 
 
1

Earnings available for fixed charges
$
1,695

 
$
1,557

 
$
1,640

 
$
1,007

 
$
(17
)
 
 
$
9,144

 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
Portion of rentals deemed to be interest
$
36

 
$
33

 
$
31

 
$
32

 
$
11

 
 
$
25

Interest and related charges on debt
182

 
137

 
139

 
38

 
8

 
 
1

Total fixed charges
$
218

 
$
170

 
$
170

 
$
70

 
$
19

 
 
$
26

 
 
 
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
7.8

 
9.2

 
9.6

 
14.4

 
N/A

 
 
351.7

Fixed charges exceeding earnings
N/A

 
N/A

 
N/A

 
N/A

 
36

 
 
N/A