American Home Shield 2015 Annual Report Download - page 125

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Exhibit 12
RATIO OF EARNINGS TO FIXED CHARGES
Our consolidated ratio of earnings to fixed charges is as follows:
Years Ended December 31,
2015
2014
2013
2012
2011
Ratio of Earnings to Fixed Charges
2.62
1.38
1.35
(a)
(b)
(a) For purposes of the ratio calculation, the deficiency in our earnings to achieve a one-to-one ratio of earnings to fixed charges
for the year ended December 31, 2012 was $26 million. For purposes of calculating our ratio of earnings to fixed charges for
the year ended December 31, 2012, fixed charges were $245 million.
(b) For purposes of the ratio calculation, the deficiency in our earnings to achieve a one-to-one ratio of earnings to fixed charges
for the year ended December 31, 2011 was $13 million. For purposes of calculating our ratio of earnings to fixed charges for
the year ended December 31, 2011, fixed charges were $266 million.
2015 Annual Report 123