Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - CYTEC INDUSTRIES INC/DE/ | Financial_Report.xls |
10-Q - 10-Q - CYTEC INDUSTRIES INC/DE/ | cyt-3312015x10q.htm |
EX-32.1 - SECTION 906 CEO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-3312015xex321.htm |
EX-31.1 - SECTION 302 CEO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-3312015xex311.htm |
EX-31.2 - SECTION 302 CFO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-3312015xex312.htm |
EX-32.2 - SECTION 906 CFO CERTIFICATION - CYTEC INDUSTRIES INC/DE/ | cyt-3312015xex322.htm |
Exhibit 12 | |||||||||
Cytec Industries Inc. | |||||||||
Computation of Ratio of Earnings to Fixed Charges | |||||||||
(Dollar amounts in millions) | |||||||||
Three Months Ended March 31, | |||||||||
2015 | 2014 | ||||||||
Earnings from continuing operations before income taxes, | |||||||||
equity in earnings of associated companies, minority interest | |||||||||
and cumulative effect of accounting change | $ | 57.3 | $ | 73.6 | |||||
Add: | |||||||||
Amortization of capitalized interest | 0.4 | 0.3 | |||||||
Fixed charges | 9.0 | 10.4 | |||||||
Less: | |||||||||
Capitalized interest | (4.3 | ) | (6.4 | ) | |||||
Earnings as adjusted | $ | 62.4 | $ | 77.9 | |||||
Fixed charges: | |||||||||
Interest on indebtedness including amortized premiums, | |||||||||
discounts and deferred financing costs | $ | 8.2 | $ | 9.7 | |||||
Portion of rents representative of the interest factor | 0.8 | 0.7 | |||||||
Fixed charges | $ | 9.0 | $ | 10.4 | |||||
Ratio of earnings to fixed charges | 6.9 | 7.5 |