EX-12.1 5 ex121computationofratioofe.htm EXHIBIT 12.1 Exhibit
Exhibit 12.1

ARAMARK AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES(A) 
(Unaudited)
(In thousands)

 
 
Nine Months
Ended
June 30, 2017
 
Income Before Income Taxes
 
$
365,363

 
Fixed charges, excluding capitalized interest
 
272,978

 
Undistributed earnings of less than 50% owned affiliates
 
(14,096
)
 
Earnings, as adjusted
 
$
624,245

 
Interest expense
 
$
228,459

 
Portion of operating lease rentals representative of interest factor
 
43,899

 
Fixed charges
 
$
272,358

 
Ratio of earnings to fixed charges
 
2.3

x


(A)
For the purpose of determining the ratio of earnings to fixed charges, earnings available for fixed charges include pretax income plus fixed charges (excluding capitalized interest). Fixed charges consist of interest on all indebtedness (including capitalized interest) plus that portion of operating lease rentals representative of the interest factor (deemed to be one-third of operating lease rentals).