Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - REXNORD LLC | rbsglobal10-kx33111.htm |
| EX-32.1 - CERTIFICATION OF CEO AND CFO - REXNORD LLC | ex321certifications.htm |
| EX-31.2 - CERTIFICATION OF CFO - REXNORD LLC | ex312certificationofcfo.htm |
| EX-31.1 - CERTIFICATION OF CEO - REXNORD LLC | ex311certificationofceo.htm |
| EX-21.1 - LIST OF SUBSIDIARIES OF THE REGISTRANTS - REXNORD LLC | ex211listofsubsidiariesoft.htm |
| EX-18.1 - LETTER REGARDING CHANGE IN ACCOUNTING PRINCIPLE - REXNORD LLC | ex181letteronchangeinaccou.htm |
| EX-4.1(F) - FIFTH SUPPLEMENTAL INDENTURE WITH RESPECT TO THE 11 3/4% SENIOR SUBORDINATED NOTES - REXNORD LLC | ex41ffifthsupplementalinde.htm |
Exhibit 12.1
RBS Global, Inc. and Subsidiaries
COMPUTION OF RATIO OF EARNINGS TO FIXED CHARGES
(in Millions)
Prceccessor | Successor | |||||||||||||||||||||||
Period from April 1, 2006 through July 21, 2006 | Period from July 22, 2006 through March 31, 2007 | Fiscal Year Ended March 31, | Fiscal Year Ended March 31, | Fiscal Year Ended March 31, | Fiscal Year Ended March 31, | |||||||||||||||||||
2008 | 2009 | 2010 | 2011 | |||||||||||||||||||||
Earnings available for fixed charges: | ||||||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | (55.7 | ) | $ | 13.8 | $ | 60.8 | $ | (550.6 | ) | $ | (38.7 | ) | $ | (57.2 | ) | ||||||||
Distributed income of equity investees | — | — | 1.7 | — | 0.4 | 1.2 | ||||||||||||||||||
Fixed charges | 28.0 | 107.3 | 196.0 | 183.3 | 188.5 | 178.7 | ||||||||||||||||||
Total earnings available for fixed charges | $ | (27.7 | ) | $ | 121.1 | $ | 258.5 | $ | (367.3 | ) | $ | 150.2 | $ | 122.7 | ||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expensed and capitalized (1) | $ | 21.0 | $ | 105.0 | $ | 191.8 | $ | 178.4 | $ | 183.7 | $ | 173.7 | ||||||||||||
Interest (representative of rental expense) (2) | 7.0 | 2.3 | 4.2 | 4.9 | 4.8 | 5.0 | ||||||||||||||||||
Total fixed charges | $ | 28.0 | $ | 107.3 | $ | 196.0 | $ | 183.3 | $ | 188.5 | $ | 178.7 | ||||||||||||
Ratio of earnings to fixed charges | See note (3) | 1.1 | 1.3 | See note (4) | See note (5) | See note (6) | ||||||||||||||||||
1. | Fixed charges including amortized premiums, discounts and capitalized expenses related to indebtedness. |
2. | An estimate of the interest within rental expense (total rent expense) 33%. |
3. | No ratio is presented for the period from April 1, 2006 through July 21, 2006 as the earnings for that period were insufficient to cover fixed charges by $55.7 million. |
4. | No ratio is presented for the fiscal year ended March 31, 2009 as the earnings for that period were insufficient to cover fixed charges by $550.6 million. |
5. | No ratio is presented for the fiscal year ended March 31, 2010 as the earnings for that period were insufficient to cover fixed charges by $38.3 million. |
6. | No ratio is presented for the fiscal year ended March 31, 2011 as the earnings for that period were insufficient to cover fixed charges by $56.0 million. |