Attached files
file | filename |
---|---|
10-Q - EASTMAN KODAK COMPANY 10-Q FILING - EASTMAN KODAK CO | ek10q3rdq2009.htm |
EX-31.1 - EXHIBIT (31.1) - EASTMAN KODAK CO | exhibit311.htm |
EX-32.2 - EXHIBIT (32.2) - EASTMAN KODAK CO | exhibit322.htm |
EX-31.2 - EXHIBIT (31.2) - EASTMAN KODAK CO | exhibit312.htm |
EX-10.24 - EXHIBIT (10.24) - EASTMAN KODAK CO | exhibit1024.htm |
EX-10.32 - EXHIBIT (10.32) - EASTMAN KODAK CO | exhibit1032.htm |
EX-10.31 - EXHIBIT (10.31) - EASTMAN KODAK CO | exhibit1031.htm |
EX-10.30 - EXHIBIT (10.30) - EASTMAN KODAK CO | exhibit1030.htm |
EX-32.1 - EXHIBIT (32.1) - EASTMAN KODAK CO | exhibit321.htm |
Eastman
Kodak Company
Computation
of Ratio of Earnings to Fixed Charges
(in
millions, except for ratio)
Nine
Months
|
||||
Ended
|
||||
September
30, 2009
|
||||
Loss
from continuing operations before income taxes
|
$ | (603 | ) | |
Adjustments:
|
||||
Interest
expense
|
75 | |||
Interest
component of rental expense (1)
|
30 | |||
Amortization
of capitalized interest
|
1 | |||
Loss
from continuing operations as adjusted
|
$ | (497 | ) | |
Fixed
charges:
|
||||
Interest
expense
|
$ | 75 | ||
Interest
component of rental expense (1)
|
30 | |||
Capitalized
interest
|
2 | |||
Total
fixed charges
|
$ | 107 | ||
Ratio
of earnings to fixed charges
|
* | |||
(1)
|
Interest
component of rental expense is estimated to equal 1/3 of such expense,
which is considered a reasonable approximation of the interest factor.
|
*
|
Earnings
for the nine months ended September 30, 2009 were inadequate to cover
fixed charges. The coverage deficiency was $604
million.
|