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EX-32.2 - EXHIBIT 32.2 - GRAFTECH INTERNATIONAL LTDa2016-10xqex322.htm
EX-32.1 - EXHIBIT 32.1 - GRAFTECH INTERNATIONAL LTDa2016-10xkex321.htm
EX-31.2 - EXHIBIT 31.2 - GRAFTECH INTERNATIONAL LTDa2016-10xkex312.htm
EX-31.1 - EXHIBIT 31.1 - GRAFTECH INTERNATIONAL LTDa2016-10xkex311.htm
10-K - 10-K - GRAFTECH INTERNATIONAL LTDa201610-k.htm


GrafTech International Ltd.
Computation of Ratio of Earnings to Fixed Charges
(dollars in thousands, except ratios)


 
 
 
 
 
 
 
 
 
For the
Year Ended
 
For the
 Period August 15 through December 31,
 
For the Period January 1 through August 14,
 
For the Year Ended
 
2016
 
2015
 
2015
 
2014
 
2013
 
2012
Earnings:
 
 
 
 
 
 
 
 
 
 
 
   Income before income taxes
(116,421
)
 
(21,743
)
 
(95,518
)
 
(158,310
)
 
(60,635
)
 
119,686

   Loss/(Gain) from equity investees

 

 

 

 

 

   Fixed Charges
28,107

 
10,786

 
27,491

 
36,759

 
36,904

 
24,314

   Total of Earnings plus Fixed Charges
(88,314
)
 
(10,957
)
 
(68,027
)
 
(121,551
)
 
(23,731
)
 
144,000

Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
   Interest expense
26,914

 
9,999

 
26,211

 
35,736

 
36,037

 
23,247

   Estimated interest portion of
      rental expense
1,193

 
787

 
1,280

 
1,023

 
867

 
1,067

   Total fixed charges
28,107

 
10,786

 
27,491

 
36,759

 
36,904

 
24,314

Ratio of earnings to fixed charges
(3.1
)
 
(1.0
)
 
(2.5
)
 
(3.3
)
 
(0.6
)
 
5.9