EX-12.1 9 myl_ex121x20151231-10k.htm EXHIBIT 12.1 Exhibit


EXHIBIT 12.1

Mylan N.V.
Statement of Computation of Ratios of Earnings to Fixed Charges

 
Year Ended December 31,
(In millions, except for ratios)
2015 (1)
 
2014
 
2013
 
2012
 
2011
Earnings before income taxes and non-controlling interest
$
915.4

 
$
974.5

 
$
747.3

 
$
804.2

 
$
654.6

Add: Loss from equity affiliates
105.1

 
91.4

 
22.4

 
16.9

 
—

Add: Fixed charges
358.4

 
348.3

 
326.8

 
321.8

 
348.0

Total earnings
$
1,378.9

 
$
1,414.2

 
$
1,096.5

 
$
1,142.9

 
$
1,002.6

 
 
 
 
 
 
 
 
 
 
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest expensed
$
339.4

 
$
333.2

 
$
313.3

 
$
308.7

 
$
335.9

Appropriate portion of rentals
19.0

 
15.1

 
13.5

 
13.1

 
12.1

Total fixed charges
$
358.4

 
$
348.3

 
$
326.8

 
$
321.8

 
$
348.0

 
 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
3.85

 
4.06

 
3.36

 
3.55

 
2.88

____________
(1)    Mylan N.V. is the successor to Mylan Inc., the information set forth above refers to Mylan Inc. for periods prior to February 27, 2015, and to Mylan N.V. on and after February 27, 2015.