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| | | | | | | | | | | | | | | | | | | |
| Year ended September 30, |
(in millions, except ratios) | 2011 | | 2012 | | 2013 | | 2014 | | 2015 |
Income (loss) from continuing operations before income taxes | $ | 57.9 |
| | $ | 25.4 |
| | $ | 118.3 |
| | $ | 213.2 |
| | $ | (440.8 | ) |
Add back fixed charges | | | | | | | | | |
Interest expense | 249.3 |
| | 251.0 |
| | 511.9 |
| | 321.9 |
| | 429.7 |
|
Estimated interest within rental expense | 13.9 |
| | 12.3 |
| | 17.1 |
| | 15.6 |
| | 14.5 |
|
Total fixed charges | $ | 263.2 |
| | $ | 263.3 |
| | $ | 529.0 |
| | $ | 337.5 |
| | $ | 444.2 |
|
Earnings (loss) before fixed charges | 321.1 |
| | 288.7 |
| | 647.3 |
| | 550.7 |
| | 3.4 |
|
| | | | | | | | | |
Fixed charges as above
| 263.2 |
| | 263.3 |
| | 529.0 |
| | 337.5 |
| | 444.2 |
|
| | | | | | | | | |
Ratio of earnings to fixed charges | 1.2 | | 1.1 | | 1.2 | | 1.6 | | (a) |
| | | | | | | | | |
Deficiency of (loss) earnings to fixed charges (a) | | | | | | | | | $ | (440.8 | ) |
| | | | | | | | | |
(a) Due to losses for the year ended September 30, 2015, the coverage ratio was less than 1:1. We would have needed to generate additional earnings of $440.8 in the period in order to achieve a ratio of 1:1. |