Attached files
| file | filename |
|---|---|
| EX-31.1 - SECTION 302 CERTIFICATION STATEMENT OF CEO - OLIN Corp | oln-ex311_2015630xq2.htm |
| EX-31.2 - SECTION 302 CERTIFICATION STATEMENT OF CFO - OLIN Corp | oln-ex312_2015630xq2.htm |
| 10-Q - FORM 10-Q - OLIN Corp | oln-2015630x10q.htm |
| EX-32 - SECTION 906 CERTIFICATION STATEMENT OF CEO AND CFO - OLIN Corp | oln-ex32_2015630xq2.htm |
Exhibit 12
OLIN CORPORATION AND CONSOLIDATED SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Six Months Ended June 30, | ||||||||
2015 | 2014 | |||||||
Earnings: | ($ in millions) | |||||||
Income from continuing operations before taxes | $ | 83.3 | $ | 103.0 | ||||
Add (deduct): | ||||||||
Earnings of non-consolidated affiliates | (0.8 | ) | (0.9 | ) | ||||
Amortization of capitalized interest | 0.9 | 1.0 | ||||||
Capitalized interest | (0.2 | ) | (0.1 | ) | ||||
Fixed charges as described below | 37.0 | 30.9 | ||||||
Total | $ | 120.2 | $ | 133.9 | ||||
Fixed charges: | ||||||||
Interest expensed and capitalized | $ | 25.5 | $ | 19.4 | ||||
Estimated interest factor in rent expense(1) | 11.5 | 11.5 | ||||||
Total | $ | 37.0 | $ | 30.9 | ||||
Ratio of earnings to fixed charges | 3.2 | 4.3 | ||||||
(1) | Amounts represent those portions of rent expense that are reasonable approximations of interest costs. |