Attached files
| file | filename |
|---|---|
| EX-31.2 - EXHIBIT 31.2 - Noranda Aluminum Holding CORP | a2015q3ex-312.htm |
| EX-10.1 - EXHIBIT 10.1 - Noranda Aluminum Holding CORP | a2015q3ex-101.htm |
| EX-31.1 - EXHIBIT 31.1 - Noranda Aluminum Holding CORP | a2015q3ex-311.htm |
| EX-32.1 - EXHIBIT 32.1 - Noranda Aluminum Holding CORP | a2015q3ex-321.htm |
| EX-95.1 - EXHIBIT 95.1 - Noranda Aluminum Holding CORP | a2015q3ex-951.htm |
| 10-Q - 10-Q - Noranda Aluminum Holding CORP | a2015q310q.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Three months ended September 30, | Nine months ended September 30, | |||||||
2015 | 2014 | 2015 | 2014 | |||||
$ | $ | $ | $ | |||||
Computation of earnings: | ||||||||
Loss before income taxes | (201.9 | ) | (3.7 | ) | (237.5 | ) | (37.6 | ) |
Plus: fixed charges | 14.8 | 13.7 | 42.9 | 40.8 | ||||
Less: capitalized interest | (1.2 | ) | (0.6 | ) | (1.6 | ) | (1.5 | ) |
Earnings | (188.3 | ) | 9.4 | (196.2 | ) | 1.7 | ||
Computation of fixed charges | ||||||||
Interest expense, net | 13.0 | 12.6 | 39.4 | 37.7 | ||||
Capitalized interest | 1.2 | 0.6 | 1.6 | 1.5 | ||||
Interest portion of operating lease expense | 0.6 | 0.5 | 1.9 | 1.6 | ||||
Fixed charges | 14.8 | 13.7 | 42.9 | 40.8 | ||||
Ratio of earnings to fixed charges | (12.7 | ) | 0.7 | (4.6 | ) | 0.0 | ||
(a) When the ratio is less than one; earnings are inadequate to cover fixed charges. The dollar amount of the coverage deficiency for the affected period is presented below. | ||||||||
Three months ended September 30, | Nine months ended September 30, | |||||||
2015 | 2014 | 2015 | 2014 | |||||
$ | $ | $ | $ | |||||
Coverage deficiency - earnings to fixed charges | 203.1 | — | 239.1 | — | ||||