Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - AMKOR TECHNOLOGY, INC. | p16892e10vk.htm |
| EX-31.1 - EX-31.1 - AMKOR TECHNOLOGY, INC. | p16892exv31w1.htm |
| EX-21.1 - EX-21.1 - AMKOR TECHNOLOGY, INC. | p16892exv21w1.htm |
| EX-31.2 - EX-31.2 - AMKOR TECHNOLOGY, INC. | p16892exv31w2.htm |
| EX-23.1 - EX-23.1 - AMKOR TECHNOLOGY, INC. | p16892exv23w1.htm |
| EX-32 - EX-32 - AMKOR TECHNOLOGY, INC. | p16892exv32.htm |
Exhibit 12.1
AMKOR
TECHNOLOGY, INC.
COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
| Year Ended December 31, | ||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
|
Earnings
|
||||||||||||||||||||
|
Income (loss) before income taxes
|
$ | 126,523 | $ | (425,688 | ) | $ | 234,837 | $ | 182,494 | $ | (145,288 | ) | ||||||||
|
Equity in (earnings) losses of unconsolidated affiliate
|
(2,373 | ) | — | — | — | 55 | ||||||||||||||
|
Income (loss) before income taxes and equity in earnings
(losses) of unconsolidated affiliate
|
124,150 | (425,688 | ) | 234,837 | 182,494 | (145,233 | ) | |||||||||||||
|
Interest expense
|
110,747 | 120,513 | 134,819 | 160,909 | 163,125 | |||||||||||||||
|
Amortization of debt issuance costs
|
4,649 | 4,466 | 5,326 | 7,250 | 7,948 | |||||||||||||||
|
Interest portion of rent (1)
|
5,879 | 6,559 | 6,452 | 5,583 | 6,215 | |||||||||||||||
| $ | 245,425 | $ | (294,150 | ) | $ | 381,434 | $ | 356,236 | $ | 32,055 | ||||||||||
|
Fixed Charges
|
||||||||||||||||||||
|
Interest expense
|
$ | 110,747 | $ | 120,513 | $ | 134,819 | $ | 160,909 | $ | 163,125 | ||||||||||
|
Amortization of debt issuance costs
|
4,649 | 4,466 | 5,326 | 7,250 | 7,948 | |||||||||||||||
|
Interest portion of rent
|
5,879 | 6,559 | 6,452 | 5,583 | 6,215 | |||||||||||||||
| $ | 121,275 | $ | 131,538 | $ | 146,597 | $ | 173,742 | $ | 177,288 | |||||||||||
|
Ratio of earnings to fixed charges
|
2.0 | — | (2) | 2.6 | 2.1 | — | (2) | |||||||||||||
| (1) | Represents one-third of total rent expense which we believe is a reasonable estimate of the interest component of rent expense. | |
| (2) | The ratio of earnings to fixed charges was less than 1:1 for 2008. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $425.7 million of earnings in 2008. The ratio of earnings to fixed charges was less than 1:1 for 2005. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $145.2 million of earnings in 2005. |