Attached files
| file | filename |
|---|---|
| 10-Q - EASTMAN KODAK COMPANY - EASTMAN KODAK CO | ekq12012_10q.htm |
| EX-31.1 - EASTMAN KODAK COMPANY - EASTMAN KODAK CO | ceocertification_10q.htm |
| EX-31.2 - EASTMAN KODAK COMPANY - EASTMAN KODAK CO | cfocertification_10q.htm |
| EX-32.2 - EASTMAN KODAK COMPANY - EASTMAN KODAK CO | cfocertificationsoxact_10q.htm |
| EX-32.1 - EASTMAN KODAK COMPANY - EASTMAN KODAK CO | ceocertificationsoxact_10q.htm |
Exhibit (12)
Eastman Kodak Company
Computation of Ratio of Earnings to Fixed Charges
(in millions, except for ratio)
|
Three Months
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Ended
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March 31, 2012
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Loss from continuing operations before income taxes
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$ | (476 | ) | |
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Adjustments:
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||||
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Interest expense
|
36 | |||
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Interest component of rental expense (1)
|
7 | |||
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Amortization of capitalized interest
|
- | |||
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Loss from continuing operations as adjusted
|
$ | (433 | ) | |
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Fixed charges:
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||||
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Interest expense
|
$ | 36 | ||
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Interest component of rental expense (1)
|
7 | |||
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Capitalized interest
|
- | |||
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Total fixed charges
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$ | 43 | ||
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Ratio of earnings to fixed charges
|
* | |||
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(1)
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Interest component of rental expense is estimated to equal 1/3 of such expense, which is considered a reasonable approximation of the interest factor.
|
|
*
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Earnings for the three months ended March 31, 2012 were inadequate to cover fixed charges. The coverage deficiency was $476 million.
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