Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - GENERAL CABLE CORP /DE/ | c97059e10vk.htm |
| EX-23.1 - EXHIBIT 23.1 - GENERAL CABLE CORP /DE/ | c97059exv23w1.htm |
| EX-31.2 - EXHIBIT 31.2 - GENERAL CABLE CORP /DE/ | c97059exv31w2.htm |
| EX-32.1 - EXHIBIT 32.1 - GENERAL CABLE CORP /DE/ | c97059exv32w1.htm |
| EX-21.1 - EXHIBIT 21.1 - GENERAL CABLE CORP /DE/ | c97059exv21w1.htm |
| EX-10.3.1 - EXHIBIT 10.3.1 - GENERAL CABLE CORP /DE/ | c97059exv10w3w1.htm |
| EX-31.1 - EXHIBIT 31.1 - GENERAL CABLE CORP /DE/ | c97059exv31w1.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(in millions)
(in millions)
| Year ended December 31, | ||||||||||||||||||||
| 2009 | 2008(1) | 2007(1) | 2006(1) | 2005 | ||||||||||||||||
EARNINGS AS DEFINED |
||||||||||||||||||||
Earnings from operations before income taxes and before
adjustments for net income attributable to noncontrolling
interests and after eliminating undistributed earnings
of equity method investees |
$ | 174.1 | $ | 302.4 | $ | 288.9 | $ | 203.2 | $ | 61.5 | ||||||||||
Preferred stock dividend (pre-tax equivalent) |
(0.3 | ) | (0.3 | ) | (0.5 | ) | (0.5 | ) | (33.8 | ) | ||||||||||
Fixed charges |
92.7 | 109.2 | 71.3 | 44.4 | 76.7 | |||||||||||||||
TOTAL EARNINGS, AS DEFINED |
$ | 266.5 | $ | 411.3 | $ | 359.7 | $ | 247.1 | $ | 104.4 | ||||||||||
FIXED CHARGES, AS DEFINED |
||||||||||||||||||||
Interest expense |
$ | 82.1 | $ | 98.4 | $ | 63.6 | $ | 38.1 | $ | 36.5 | ||||||||||
Amortization of capitalized expenses related to debt |
4.5 | 5.7 | 3.6 | 3.0 | 3.4 | |||||||||||||||
Preferred stock dividend (pre-tax equivalent) |
0.3 | 0.3 | 0.5 | 0.5 | 33.8 | |||||||||||||||
Interest component of rent expense |
5.8 | 4.8 | 3.6 | 2.8 | 3.0 | |||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED |
$ | 92.7 | $ | 109.2 | $ | 71.3 | $ | 44.4 | $ | 76.7 | ||||||||||
RATIO OF EARNINGS TO FIXED CHARGES |
2.9 | 3.8 | 5.0 | 5.6 | 1.4 | |||||||||||||||
| 1) | Reflects adoption of Accounting for Convertible Debt Instruments That May be Settled in
Cash upon Conversion. See Note 2 of the Consolidated Financial Statements for additional
information. |