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Thomson Reuters Corp/CAN – ‘F-9’ on 9/30/03 – EX-9.1

On:  Tuesday, 9/30/03, at 4:09pm ET   ·   Accession #:  1047469-3-32125   ·   File #:  333-109297

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

 9/30/03  Thomson Reuters Corp/CAN          F-9                    4:181K                                   Merrill Corp/New/FA

Registration Statement of a Foreign Private Issuer (Not Effective Immediately)   —   Form F-9
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: F-9         Registration Statement of a Foreign Private Issuer  HTML    173K 
                          (Not Effective Immediately)                            
 2: EX-5.1      Exhibit 5.1 03Tor2035 Stamp 11                      HTML      7K 
 3: EX-5.2      Exhibit 5.2 03Tor2035 Stamp 12                      HTML      7K 
 4: EX-9.1      Exhibit 9.1 03Tor2035 Stamp 13                      HTML     17K 


EX-9.1   —   Exhibit 9.1 03Tor2035 Stamp 13
Exhibit Table of Contents

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11st Page   -   Filing Submission
"THE THOMSON CORPORATION INTEREST COVERAGE CALCULATION (In millions of US$)
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Exhibit 9.1


THE THOMSON CORPORATION

INTEREST COVERAGE CALCULATION

(In millions of US$)

 
  For the twelve month period ended
Consolidated Results

  June 30, 2003(1)
  December 31, 2002(1)
Earnings before dividends declared on preferred shares   708   605

Add back:

 

 

 

 
  Interest expense and other financing costs ("interest expense")   283   303
  Income taxes   205   185
   
 

Earnings before dividends declared on preferred shares, interest expense and income taxes

 

1,196

 

1,093
   
 

Coverage calculation:

 

 

 

 
Earnings before dividends declared on preferred shares, interest expense and income taxes   1,196   1,093
   
 
Pro-Forma Interest Expense   242   261

Interest Coverage

 

4.93 times

 

4.19 times
   
 

 


 

For the twelve month period ended

Continuing Operations

  June 30, 2003(1)
  December 31, 2002(1)
Earnings before dividends declared on preferred shares   657   549

Add back:

 

 

 

 
  Interest expense and other financing costs ("interest expense")   283   303
  Income taxes   187   163
   
 

Earnings before dividends declared on preferred shares, interest expense and income taxes

 

1,127

 

1,015
   
 

Coverage calculation:

 

 

 

 
Earnings before dividends declared on preferred shares, interest expense and income taxes   1,127   1,015
   
 
Pro-Forma Interest Expense   242   261

Interest Coverage

 

4.65 times

 

3.89 times
   
 

(1)
Gives effect to Thomson's issuance on August 5, 2003 of US$200,000,000 aggregate principal amount of 4.25% notes due 2009 and US$250,000,000 aggregate principal amount of 5.25% notes due 2013 and the use of net proceeds from that offering, as if such offering occurred at the beginning of each period.



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THE THOMSON CORPORATION INTEREST COVERAGE CALCULATION (In millions of US$)

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘F-9’ Filing    Date    Other Filings
Filed on:9/30/036-K,  F-X
8/5/03
6/30/036-K
12/31/0240-F,  6-K
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Filing Submission 0001047469-03-032125   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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