Attached files
| file | filename |
|---|---|
| EX-32 - SECTION 906 CERTIFICATION STATEMENT OF CEO AND CFO - OLIN Corp | oln-ex32_2015930xq3.htm |
| EX-31.2 - SECTION 302 CERTIFICATION STATEMENT OF CFO - OLIN Corp | oln-ex312_2015930xq3.htm |
| EX-10.7 - FORM OF OLIN CORPORATION 2014 LONG TERM INCENTIVE PLAN - OLIN Corp | oln-ex107_2015930xq3.htm |
| EX-31.1 - SECTION 302 CERTIFICATION STATEMENT OF CEO - OLIN Corp | oln-ex311_2015930xq3.htm |
| 10-Q - FORM 10-Q - OLIN Corp | oln-2015930x10q.htm |
| EX-3.1 - AMENDED AND RESTATED ARTICLES OF INCORPORATION OF OLIN CORPORATION - OLIN Corp | oln-ex31_2015930xq3.htm |
Exhibit 12
OLIN CORPORATION AND CONSOLIDATED SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Nine Months Ended September 30, | ||||||||
2015 | 2014 | |||||||
Earnings: | ($ in millions) | |||||||
Income from continuing operations before taxes | $ | 92.6 | $ | 143.3 | ||||
Add (deduct): | ||||||||
Earnings of non-consolidated affiliates | (1.3 | ) | (1.4 | ) | ||||
Amortization of capitalized interest | 1.4 | 1.6 | ||||||
Capitalized interest | (0.3 | ) | (0.2 | ) | ||||
Fixed charges as described below | 57.4 | 54.8 | ||||||
Total | $ | 149.8 | $ | 198.1 | ||||
Fixed charges: | ||||||||
Interest expensed and capitalized | $ | 40.0 | $ | 37.2 | ||||
Estimated interest factor in rent expense(1) | 17.4 | 17.6 | ||||||
Total | $ | 57.4 | $ | 54.8 | ||||
Ratio of earnings to fixed charges | 2.6 | 3.6 | ||||||
(1) | Amounts represent those portions of rent expense that are reasonable approximations of interest costs. |