2. Disclosure. Disclose the following information when showing the ratio of earnings to fixed charges:
(A) Deficiency. If a ratio indicates less than one-to-one coverage, disclose the dollar amount of the deficiency.
(B) Pro forma ratio. You may show the pro forma ratio only for the most recent fiscal year and the latest interim period. Use the net change in interest or dividends from the refinancing to calculate the pro forma ratio.
(C) Foreign private issuers. A foreign private issuer must show the ratio based on the figures in the primary financial statement. A foreign private issuer must show the ratio based on the figures resulting from the reconciliation to U.S. generally accepted accounting principles if this ratio is materially different.
(D) Summary Section. If you provide a summary or similar section in the prospectus, show the ratios in that section.
17 CFR § 229.503
The registrant must furnish this information in plain English. See 230.421 of Regulation C of this chapter.