Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - INNOSPEC INC.Financial_Report.xls
EX-31.1 - EX-31.1 - INNOSPEC INC.d832020dex311.htm
EX-32.1 - EX-32.1 - INNOSPEC INC.d832020dex321.htm
EX-31.2 - EX-31.2 - INNOSPEC INC.d832020dex312.htm
EX-32.2 - EX-32.2 - INNOSPEC INC.d832020dex322.htm
EX-23.1 - EX-23.1 - INNOSPEC INC.d832020dex231.htm
EX-21.1 - EX-21.1 - INNOSPEC INC.d832020dex211.htm
10-K - 10-K - INNOSPEC INC.d832020d10k.htm

Exhibit 12.1

 

EXHIBIT 12.1 – STATEMENT REGARDING COMPUTATION OF FINANCIAL RATIOS

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

 

    2014     2013     2012     2011     2010  

1. NET INCOME ATTRIBUTABLE TO INNOSPEC INC. AS A PERCENTAGE OF SALES

         
   A          Net income attributable to Innospec Inc.   $ 84.1        77.8        66.9      $ 47.1      $ 69.9   
   B          Net sales   $ 960.9        818.8        776.4      $ 774.4      $ 683.2   
  

A % of B

    8.8     9.5     8.6     6.1     10.2

2. EFFECTIVE TAX RATE AS A PERCENTAGE

         
   C          Income taxes   $ 26.8        15.0        26.4      $ 3.1      $ (4.3
   D          Income before income taxes   $ 110.9        92.8        93.3      $ 50.2      $ 65.6   
  

C % of D

    24.2     16.2     28.3     6.2     -6.6

3. CURRENT RATIO

         
   E          Current assets   $ 414.2        407.4        296.6      $ 320.3      $ 321.9   
   F          Current liabilities   $ 222.9        155.6        147.3      $ 146.0      $ 158.9   
  

Ratio of E to F

    1.9        2.6        2.0        2.2        2.0   

4. EARNINGS PER SHARE ATTRIBUTABLE TO INNOSPEC INC.

         
   G          Net income attributable to Innospec Inc.   $ 84.1        77.8        66.9      $ 47.1      $ 69.9   
   H          Basic shares outstanding     24,391        23,651        23,187        23,568        23,756   
   I            Diluted shares outstanding     24,878        24,156        23,850        24,520        24,814   
  

G/H      Basicearnings per share attributable to Innospec Inc.

  $ 3.45        3.29        2.89      $ 2.00      $ 2.94   
    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  

G/I        Dilutedearnings per share attributable to Innospec Inc.

  $ 3.38        3.22        2.81      $ 1.92      $ 2.82   
    

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

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