SEC Info - Warner Music Group Corp. - ‘10-K’ for 9/30/07

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Warner Music Group Corp. – ‘10-K’ for 9/30/07 – EX-12.1

On: Thursday, 11/29/07, at 8:01am ET · For: 9/30/07 · Accession #: 1193125-7-255544 · File #: 1-32502

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

11/29/07  Warner Music Group Corp.          10-K        9/30/07    9:2.2M                                   RR Donnelley/FA

Annual Report — Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report for the Period Ending September 30,   HTML   1.87M 
                          2007                                                   
 2: EX-4.11     Tenth Supplemental Indenture, Dated as of November  HTML     34K 
                          28, 2007                                               
 3: EX-12.1     Computation of Ratio of Earnings to Fixed Charges   HTML     28K 
 4: EX-21.1     List of Subsidiaries                                HTML     45K 
 5: EX-23.1     Consent of Ernst & Young LLP                        HTML      8K 
 6: EX-31.1     Certification of the CEO Pursuant to Rule           HTML     12K 
                          13A-14(A) of the SEC                                   
 7: EX-31.2     Certification of the CFO Pursuant to Rule           HTML     12K 
                          13A-14(A) of the SEC                                   
 8: EX-32.1     Certification of the CEO Pursuant to 18 U.S.C.      HTML      8K 
                          Section 1350                                           
 9: EX-32.2     Certification of the CFO Pursuant to 18 U.S.C.      HTML      8K 
                          Section 1350

EX-12.1 — Computation of Ratio of Earnings to Fixed Charges

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

Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

Warner Music Group Corp.

Computation of Ratio of Earnings to Fixed Charges

(Unaudited)


	Three Months Ended February 29, 2004			Seven Months Ended September 30, 2004			Twelve Months Ended September 30, 2005			Twelve Months Ended September 30, 2006		Twelve Months Ended September 30, 2007
Income (Loss) before income taxes (1)	$	(15	)	$	(208	)	$	(114	)	$	107	$	28
Less:
Minority interest		—			—			—			—		(5	)
Add:
Fixed charges		8			99			149			207		211
Income as adjusted before income taxes	$	(7	)	$	(109	)	$	35		$	314	$	234
Fixed charges
Interest expense		4			91			132			194		199
Portion of rental expense representative of interest (2)		4			8			12			13		12
Preferred stock dividend requirements of consolidated subsidiaries (1)		—			—			5			—		—

Total fixed charges		8			99			149			207		211
Deficiency in earnings over fixed charges		(15	)		(208	)	$	(114	)		N/A		N/A
Ratio of earnings to fixed charges		N/A			N/A			N/A			1.52		1.11

(1)

The preferred stock dividend requirements of Holdings, a consolidated subsidiary, is included in fixed charges (i.e., the denominator of the ratio calculation) but excluded from the numerator of the ratio calculation because such amount was not deducted in arriving at Warner Music Group Corp.’s pre-tax income (loss) from continuing operations as defined. If Holdings did not incur fixed charges, the minority interest in pre-tax income of Holdings would be subtracted in determining earnings.

(2)	Estimated at ¹/3 of total rent expense.

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	11/29/07	8-K
For Period End:	9/30/07	5
	9/30/06	10-K, 5
	9/30/05	10-K
	9/30/04
	2/29/04
		List all Filings

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Filing Submission 0001193125-07-255544 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)