HAWKER BEECHCRAFT ACQUISITION CO LLC - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - February 25, 2010

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file filename
10-K - FORM 10-K - HAWKER BEECHCRAFT ACQUISITION CO LLCd10k.htm
EX-4.7.2 - TRUSTEE NOTICE - HAWKER BEECHCRAFT ACQUISITION CO LLCdex472.htm
EX-10.19.4 - AMENDMENT TO THE HAWKER BEECHCRAFT CORPORATION RETIREMENT INCOME PLAN - HAWKER BEECHCRAFT ACQUISITION CO LLCdex10194.htm
EX-21.1 - LIST OF SUBSIDIARIES - HAWKER BEECHCRAFT ACQUISITION CO LLCdex211.htm
EX-31.1.4 - CERTIFICATIONS OF THE P.F.O. OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3114.htm
EX-31.1.1 - CERTIFICATIONS OF THE P.E.O. OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3111.htm
EX-31.1.3 - CERTIFICATIONS OF THE P.F.O. OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3113.htm
EX-32.1.2 - CERTIFICATION OF THE P.E.O. OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3212.htm
EX-32.1.1 - CERTIFICATION OF THE P.E.O. OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3211.htm
EX-32.1.4 - CERTIFICATION OF THE P.F.O. OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3214.htm
EX-10.30 - SEPARATION OF EMPLOYMENT AGREEMENT AND GENERAL RELEASE - HAWKER BEECHCRAFT ACQUISITION CO LLCdex1030.htm
EX-31.1.2 - CERTIFICATIONS OF THE P.E.O. OF HAWKER BEECHCRAFT NOTES COMPANY - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3112.htm
EX-32.1.3 - CERTIFICATION OF THE P.F.O. OF HAWKER BEECHCRAFT ACQUISITION COMPANY, LLC - HAWKER BEECHCRAFT ACQUISITION CO LLCdex3213.htm
EX-10.25.4 - THIRD AMENDMENT TO THE HAWKER BEECHCRAFT SAVINGS AND INVESTMENT PLAN - HAWKER BEECHCRAFT ACQUISITION CO LLCdex10254.htm
EX-10.18.4 - HAWKER BEECHCRAFT CORPORATION EXCESS SAVINGS AND DEFERRED COMPENSATION PLAN - HAWKER BEECHCRAFT ACQUISITION CO LLCdex10184.htm

Exhibit 12.1

Ratio of Earnings to Fixed Charges                    Exhibit 12.1

 

    Successor     Predecessor
   

Year

Ended
December 31,

    

Year

Ended
December 31,

     Nine Months
Ended
December 31,		     Three Months
Ended
March 25,		    Years Ended December 31,
    2009     2008     2007     2007    2006    2005
Earnings                

- Pre-tax (loss) income from continuing operations

   $ (512.0 )    $ (54.7 )    $ (5.0 )    $ 16.6    $ 140.6    $ 49.5

- Fixed charges

     159.5        209.9        160.4        17.9      99.7      96.3
                                           

Net earnings

   $ (352.5 )    $ 155.2      $ 155.4      $ 34.5    $ 240.3    $ 145.8
                                           
 

Fixed Charges

                

- External interest expense

   $ 141.5      $ 196.3      $ 151.0      $ —      $ —      $ —  

- Intercompany interest expense, net

     —          —          —          15.8      91.6      88.4

- Amortized premiums, discounts and capitalized expenses related to indebtedness

     13.1        9.6        7.2        —        —        —  

- Estimate of interest expense within rental expense

     4.9        4.0        2.2        2.1      8.1      7.9
                                           

Total fixed charges

   $ 159.5      $ 209.9      $ 160.4      $ 17.9    $ 99.7    $ 96.3
                                           
 

Ratio of earnings to fixed charges(1)

     -2.21 X      0.74 X      0.97 X          N/A      N/A      N/A

Deficiency

     512.0        54.7        5.0        N/A      N/A      N/A

HAWKER BEECHCRAFT ACQUISITION CO LLC Reports