INNOSPEC INC. - FORM 10-K - EX-12.1 - STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS

file	filename
EX-21.1 - PRINCIPAL SUBSIDIARIES OF THE REGISTRANT - INNOSPEC INC.	dex211.htm
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - INNOSPEC INC.	dex231.htm
EX-10.14 - PHILIP J BOON BONUS PAYMENT LETTER DATED DECEMBER 1, 2010 - INNOSPEC INC.	dex1014.htm
EX-10.15 - IAN MCROBBIE BONUS PAYMENT LETTER DATED DECEMBER 1, 2010 - INNOSPEC INC.	dex1015.htm
EX-10.13 - IAN P CLEMINSON BONUS PAYMENT LETTER DATED DECEMBER 1, 2010 - INNOSPEC INC.	dex1013.htm
EX-10.16 - BRIAN WATT BONUS PAYMENT LETTER DATED DECEMBER 1, 2010 - INNOSPEC INC.	dex1016.htm
EX-10.12 - PATRICK S WILLIAMS BONUS PAYMENT LETTER DATED DECEMBER 1, 2010 - INNOSPEC INC.	dex1012.htm
EX-32.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO 18 U.S.C. SECTION 1350 - INNOSPEC INC.	dex321.htm
EX-32.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO 18 U.S.C. SECTION 1350 - INNOSPEC INC.	dex322.htm
EX-31.2 - CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - INNOSPEC INC.	dex312.htm
EX-31.1 - CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - INNOSPEC INC.	dex311.htm
10-K - FORM 10-K - INNOSPEC INC.	d10k.htm

Exhibit 12.1

EXHIBIT 12.1—STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS

(in millions, except financial ratios, share and per share data)


		2010			2009			2008			2007			2006
*1. NET INCOME ATTRIBUTABLE TO INNOSPEC INC. AS A PERCENT OF SALES*
A	Net income attributable to Innospec Inc.	$	73.7		$	6.4		$	12.5		$	29.5		$	11.4
B	Net sales	$	683.2		$	598.5		$	640.5		$	602.4		$	532.1
A % of B			10.8	%		1.1	%		2.0	%		4.9	%		2.1	%

*2. EFFECTIVE INCOME TAX RATE AS A PERCENT*
C	Income taxes	$	(3.0	)	$	11.9		$	6.3		$	18.2		$	20.4
D	Income before income taxes	$	70.7		$	18.3		$	18.9		$	47.8		$	31.9
C % of D			-4.2	%		65.0	%		33.3	%		38.1	%		63.9	%

*3. CURRENT RATIO*
E	Current assets	$	321.9		$	282.9		$	256.6		$	256.1		$	305.3
F	Current liabilities	$	158.9		$	179.9		$	188.1		$	160.7		$	142.9
	Ratio of E to F		2.0			1.6			1.4			1.6			2.1

*4. EARNINGS PER SHARE ATTRIBUTABLE TO INNOSPEC INC.*
G	Net income attributable to Innospec Inc.	$	73.7		$	6.4		$	12.5		$	29.5		$	11.4
H	Basic shares outstanding		23,756			23,642			23,595			23,920			24,141
I	Diluted shares outstanding		24,814			24,714			24,391			24,838			25,339
G/H	Basic earnings per share attributable to Innospec Inc.	$	3.10		$	0.27		$	0.53		$	1.23		$	0.47

G/I	Diluted earnings per share attributable to Innospec Inc.	$	2.97		$	0.26		$	0.51		$	1.19		$	0.45

Shares in thousands, earnings per share attributable to Innospec Inc. in dollars.

INNOSPEC INC. - FORM 10-K - EX-12.1 - STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS - February 18, 2011