Attached files

file filename
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:

          

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   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Earnings as defined

   $ 132.1      $ 143.3      $ 104.5      $ 113.6      $ 92.2   

Fixed charges:

          

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
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Estimated interest component of rent

     9.6        12.1        12.9        13.2        13.6   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed charges

   $ 55.8      $ 53.9      $ 72.1      $ 40.3        40.8   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Ratio of earnings to fixed charges

     2.37        2.66        1.45        2.82        2.26