EXHIBIT 12.1


FACEBOOK, INC.
COMPUTATIONS OF RATIOS OF EARNINGS TO FIXED CHARGES
(Unaudited)

(in millions)
Six Months Ended June 30, 2014
 
Year Ended December 31,
2013
 
2012
 
2011
 
2010
 
2009
Fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Interest expense(1)
$
12

 
$
56

 
$
51

 
$
42

 
$
22

 
$
10

Capitalized interest
—

 
1

 
—

 
1

 
1

 
—

Portion of rental expense which represents interest factor
20

 
42

 
51

 
51

 
37

 
17

Total fixed charges
$
32

 
$
99

 
$
102

 
$
94

 
$
60

 
$
27

 
 
 
 
 
 
 
 
 
 
 
 
Earnings available for fixed charges:
 
 
 
 
 
 
 
 
 
 
 
Income before provision for income taxes
$
2,460

 
$
2,754

 
$
494

 
$
1,695

 
$
1,008

 
$
254

Add: Fixed charges
32

 
99

 
102

 
94

 
60

 
27

Less: Capitalized interest
—

 
(1
)
 
—

 
(1
)
 
(1
)
 
—

Total earnings available for fixed charges
$
2,492

 
$
2,852

 
$
596

 
$
1,788

 
$
1,067

 
$
281

Ratio of earnings to fixed charges
77.88

 
28.81

 
5.84

 
19.02

 
17.78

 
10.41

(1) Includes interest on credit facilities and capital leases, and amortization of debt issuance costs. Excludes interest income and interest associated with uncertain tax positions, which is recorded within provision for income taxes.