Attached files
file | filename |
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EX-21 - LIST OF SUBSIDIARIES OF THE COMPANY - Koppers Holdings Inc. | d272249dex21.htm |
EX-32.1 - SECTION 906 CEO AND CFO CERTIFICATION - Koppers Holdings Inc. | d272249dex321.htm |
EX-31.1 - SECTION 302 CEO CERTIFICATION - Koppers Holdings Inc. | d272249dex311.htm |
EX-31.2 - SECTION 302 CFO CERTIFICATION - Koppers Holdings Inc. | d272249dex312.htm |
EX-23.1 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - Koppers Holdings Inc. | d272249dex231.htm |
EX-10.64 - NOTICE OF GRANT OF STOCK OPTION - Koppers Holdings Inc. | d272249dex1064.htm |
EX-10.63 - RESTRICTED STOCK UNIT ISSUANCE AGREEMENT - PERFORMANCE VESTING - Koppers Holdings Inc. | d272249dex1063.htm |
EX-10.62 - RESTRICTED STOCK UNIT ISSUANCE AGREEMENT - TIME VESTING - Koppers Holdings Inc. | d272249dex1062.htm |
EX-10.69 - SECOND AMENDMENT TO THE CREDIT AGREEMENT - Koppers Holdings Inc. | d272249dex1069.htm |
10-K - FORM 10-K - Koppers Holdings Inc. | d272249d10k.htm |
Exhibit 12.1
KOPPERS HOLDINGS INC.
RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratios)
2007 | 2008 | 2009 | 2010 | 2011 | ||||||||||||||||
Earnings: |
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Income from continuing operations before taxes |
$ | 79.5 | $ | 90.0 | $ | 35.5 | $ | 73.8 | $ | 52.5 | ||||||||||
Deduct: Equity earnings net of dividends |
(0.2 | ) | (0.6 | ) | (0.8 | ) | 0.0 | 0.2 | ||||||||||||
Deduct: Pre-tax income of noncontrolling interests |
3.1 | 0.8 | 3.4 | 0.5 | 0.9 | |||||||||||||||
Add: Fixed charges |
55.5 | 53.5 | 71.6 | 40.3 | 40.8 | |||||||||||||||
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Earnings as defined |
$ | 132.1 | $ | 143.3 | $ | 104.5 | $ | 113.6 | $ | 92.2 | ||||||||||
Fixed charges: |
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Interest expensed |
$ | 45.9 | $ | 41.4 | $ | 58.7 | $ | 27.1 | $ | 27.2 | ||||||||||
Interest capitalized |
0.3 | 0.0 | 0.0 | 0.0 | 0.0 | |||||||||||||||
Other |
0.0 | 0.4 | 0.5 | 0.0 | 0.0 | |||||||||||||||
Rents |
31.1 | 39.0 | 41.5 | 42.5 | 43.8 | |||||||||||||||
Interest factor |
31 | % | 31 | % | 31 | % | 31 | % | 31 | % | ||||||||||
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Estimated interest component of rent |
9.6 | 12.1 | 12.9 | 13.2 | 13.6 | |||||||||||||||
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Total fixed charges |
$ | 55.8 | $ | 53.9 | $ | 72.1 | $ | 40.3 | 40.8 | |||||||||||
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Ratio of earnings to fixed charges |
2.37 | 2.66 | 1.45 | 2.82 | 2.26 |