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Scor Holding (Switzerland) Ltd – ‘20-F’ for 12/31/06 – EX-7.1

On:  Thursday, 6/14/07, at 1:19pm ET   ·   For:  12/31/06   ·   Accession #:  1156973-7-968   ·   File #:  1-15268

Previous ‘20-F’:  ‘20-F’ on 6/29/06 for 12/31/05   ·   Latest ‘20-F’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 6/14/07  Scor Holding (Switzerland) Ltd    20-F       12/31/06   15:3.4M                                   Bowne - Bol/FA

Annual Report of a Foreign Private Issuer   —   Form 20-F
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual Report of a Foreign Private Issuer           HTML   1.82M 
 2: EX-1.2      Underwriting Agreement                              HTML    188K 
 3: EX-1.3      Underwriting Agreement                              HTML     45K 
 4: EX-4.47     Instrument Defining the Rights of Security Holders  HTML    237K 
 5: EX-4.48     Instrument Defining the Rights of Security Holders  HTML    113K 
 6: EX-4.49     Instrument Defining the Rights of Security Holders  HTML    223K 
 7: EX-4.50     Instrument Defining the Rights of Security Holders  HTML     34K 
 8: EX-4.51     Instrument Defining the Rights of Security Holders  HTML     36K 
 9: EX-4.52     Instrument Defining the Rights of Security Holders  HTML     69K 
10: EX-4.53     Instrument Defining the Rights of Security Holders  HTML    226K 
11: EX-7.1      Letter re: Non-Reliance upon a Previously Issued    HTML     14K 
                          Audit Report or Completed Interim Review               
12: EX-8.1      Opinion re: Tax Matters                             HTML      9K 
13: EX-12.1     Statement re: Computation of Ratios                 HTML     12K 
14: EX-12.2     Statement re: Computation of Ratios                 HTML     12K 
15: EX-13.0     Annual or Quarterly Report to Security Holders      HTML     10K 


EX-7.1   —   Letter re: Non-Reliance upon a Previously Issued Audit Report or Completed Interim Review


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  exv7w1  

 

Exhibit 7.1
Ratio of earnings to fixed charges
                                         
    As of December 31,
(US$ millions, except ratios)   2006   2005   2004   2003   2002
Income from continuing operations before taxes
    255.5       50.2       21.0       230.8       48.4  
Fixed charges:
                                       
Interest expense
    16.7       17.2       18.7       17.2       2.0  
Interest portion of rental expense
    3.5       3.4       3.7       3.1       2.7  
 
                                       
Income from continuing operating before taxes plus fixed charges
    275.7       70.8       43.4       251.1       53.1  
 
                                       
Fixed charges
                                       
Interest expense
    16.7       17.2       18.7       17.2       2.0  
Interest portion of rental expense
    3.5       3.4       3.7       3.1       2.7  
 
                                       
Total fixed charges
    20.2       20.6       22.4       20.3       4.7  
 
                                       
Ratio of earnings to fixed charges
    13.6       3.4       1.9       12.4       11.3  
The ratio of earnings to fixed charges is calculated by taking the sum of income (loss) before taxes plus fixed charges divided by fixed charges. Fixed charges consist of interest expense and the interest portion of rental expense.

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Filing Submission 0001156973-07-000968   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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