EX-12.1 53 d632101dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

($ in millions)

 

     Successor
Company
    Predecessor
Company
 
     2013     2012     2011     2010     Period from
August 31,
2009 through
September 30,
2009
    Period from
October 1,
2008 through
August 30,
2009
 

Fixed charges:

              

Interest expense

     369.5        192.0        208.5        277.0        17.0        172.9   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

     369.5        192.0        208.5        277.0        17.0        172.9   

Earnings:

              

Earnings from continuing operations before income taxes and minority interest

     (20.2     113.2        17.7        (123.8     (20.0     1,123.4   

Add:

              

Fixed Charges

     369.5        192.0        208.5        277.0        17.0        172.9   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total adjusted earnings

     349.3        305.2        226.2        153.2        (3.0     1,296.3   

Ratio of earnings to fixed charges (1)

     0.9     1.6     1.1     0.6     —          7.5

 

  (1) Earnings were insufficient to cover fixed charges by $3.0 million for the period from August 31, 2009 through September 30, 2009.