Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - GENERAL CABLE CORP /DE/ | Financial_Report.xls |
| 10-Q - FORM 10-Q - GENERAL CABLE CORP /DE/ | c15621e10vq.htm |
| EX-31.1 - EXHIBIT 31.1 - GENERAL CABLE CORP /DE/ | c15621exv31w1.htm |
| EX-31.2 - EXHIBIT 31.2 - GENERAL CABLE CORP /DE/ | c15621exv31w2.htm |
| EX-32.1 - EXHIBIT 32.1 - GENERAL CABLE CORP /DE/ | c15621exv32w1.htm |
Exhibit 12.1
GENERAL CABLE CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(in millions)
(in millions)
| Three Fiscal | ||||||||||||||||||||||||
| Months | ||||||||||||||||||||||||
| Ended | ||||||||||||||||||||||||
| April 1, | Year ended December 31, | |||||||||||||||||||||||
| 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
EARNINGS AS DEFINED |
||||||||||||||||||||||||
Earnings from operations before income taxes and before
adjustments for minority interests in consolidated
subsidiaries and after eliminating undistributed earnings
of equity method investees |
$ | 58.1 | $ | 122.7 | $ | 96.3 | $ | 280.5 | $ | 298.5 | $ | 364.3 | ||||||||||||
Preferred stock dividend (pre-tax equivalent) |
(0.1 | ) | (0.3 | ) | (0.3 | ) | (0.3 | ) | (0.5 | ) | (0.5 | ) | ||||||||||||
Fixed charges |
25.3 | 82.1 | 92.7 | 109.2 | 71.3 | 44.4 | ||||||||||||||||||
TOTAL EARNINGS, AS DEFINED |
$ | 83.3 | $ | 204.5 | $ | 188.7 | $ | 389.4 | $ | 369.3 | $ | 408.2 | ||||||||||||
FIXED CHARGES, AS DEFINED |
||||||||||||||||||||||||
Interest expense |
$ | 23.2 | $ | 73.7 | $ | 82.1 | $ | 98.4 | $ | 63.6 | $ | 38.1 | ||||||||||||
Amortization of capitalized expenses related to debt |
0.8 | 3.3 | 4.5 | 5.7 | 3.6 | 3.0 | ||||||||||||||||||
Preferred stock dividend (pre-tax equivalent) |
0.1 | 0.3 | 0.3 | 0.3 | 0.5 | 0.5 | ||||||||||||||||||
Interest component of rent expense |
1.2 | 4.8 | 5.8 | 4.8 | 3.6 | 2.8 | ||||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED |
$ | 25.3 | $ | 82.1 | $ | 92.7 | $ | 109.2 | $ | 71.3 | $ | 44.4 | ||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES |
3.3 | 2.5 | 2.0 | 3.6 | 5.2 | 9.2 | ||||||||||||||||||