Attached files
file | filename |
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EX-10.4 - EXHIBIT 10.4 - GENERAL CABLE CORP /DE/ | ex104_2015longtermcashince.htm |
EX-10.5 - EXHIBIT 10.5 - GENERAL CABLE CORP /DE/ | ex105_petercampbellofferle.htm |
EX-10.3 - EXHIBIT 10.3 - GENERAL CABLE CORP /DE/ | ex103_2015psugrantagreement.htm |
EXCEL - IDEA: XBRL DOCUMENT - GENERAL CABLE CORP /DE/ | Financial_Report.xls |
EX-32.1 - EXHIBIT 32.1 - GENERAL CABLE CORP /DE/ | bgc-2015403_exhibit321.htm |
EX-31.1 - EXHIBIT 31.1 - GENERAL CABLE CORP /DE/ | bgc-2015403_exhibit311.htm |
EX-10.7 - EXHIBIT 10.7 - GENERAL CABLE CORP /DE/ | ex107_robertkennysecondmen.htm |
10-Q - 10-Q - GENERAL CABLE CORP /DE/ | bgc-2015403.htm |
EX-31.2 - EXHIBIT 31.2 - GENERAL CABLE CORP /DE/ | bgc-2015403_exhibit312.htm |
EX-10.6 - EXHIBIT 10.6 - GENERAL CABLE CORP /DE/ | ex106_petercampbellseparat.htm |
EX-10.2 - EXHIBIT 10.2 - GENERAL CABLE CORP /DE/ | ex102_2015rsugrantagreement.htm |
Exhibit 12.1
GENERAL CABLE CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(in millions)
Three months ended April 3, 2015 | Year ended December 31, | ||||||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||||
EARNINGS AS DEFINED | |||||||||||||||||||||||
Earnings (loss) from operations before income taxes and before adjustments for minority interests in consolidated subsidiaries and after eliminating undistributed earnings of equity method investees | $ | (41.3 | ) | $ | (636.1 | ) | $ | 27.0 | $ | 86.9 | $ | 91.4 | $ | 108.1 | |||||||||
Preferred stock dividend (pre-tax equivalent) | — | — | (0.3 | ) | (0.3 | ) | (0.3 | ) | (0.3 | ) | |||||||||||||
Fixed charges | 28.3 | 127.6 | 137.0 | 114.6 | 104.7 | 82.1 | |||||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | (13.0 | ) | $ | (508.5 | ) | $ | 163.7 | $ | 201.2 | $ | 195.8 | $ | 189.9 | |||||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||||||
Interest expense | $ | 24.1 | $ | 112.5 | $ | 121.0 | $ | 103.5 | $ | 94.8 | $ | 73.7 | |||||||||||
Amortization of capitalized expenses related to debt | 1.1 | 3.8 | 3.9 | 3.3 | 4.4 | 3.3 | |||||||||||||||||
Preferred stock dividend (pre-tax equivalent) | — | — | 0.3 | 0.3 | 0.3 | 0.3 | |||||||||||||||||
Interest component of rent expense | 3.1 | 11.3 | 11.8 | 7.5 | 5.2 | 4.8 | |||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 28.3 | $ | 127.6 | $ | 137.0 | $ | 114.6 | $ | 104.7 | $ | 82.1 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | (0.5 | ) | (4.0 | ) | 1.2 | 1.8 | 1.9 | 2.3 |