DELPHI 2013 Annual Report Download - page 154

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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