Attached files
file | filename |
---|---|
EX-31.2 - EXHIBIT 31.2 - SECTION 302 CERTIFICATION OF CFO - AK STEEL HOLDING CORP | exhibit312-201510ksection3.htm |
EX-23.1 - EXHIBIT 23.1 - CONSENT OF ERNST & YOUNG LLP - AK STEEL HOLDING CORP | exhibit231-201510kconsento.htm |
EX-32.1 - EXHIBIT 32.1 - SECTION 906 CERTIFICATION OF CEO - AK STEEL HOLDING CORP | exhibit321-201510ksection9.htm |
EX-21.1 - EXHIBIT 21.1 - LIST OF SUBSIDIARIES - AK STEEL HOLDING CORP | exhibit211-201510klistofsu.htm |
EX-32.2 - EXHIBIT 32.2 - SECTION 906 CERTIFICATION OF CFO - AK STEEL HOLDING CORP | exhibit322-201510ksection9.htm |
EX-95.1 - EXHIBIT 95.1 - MINE SAFETY DISCLOSURE - AK STEEL HOLDING CORP | exhibit951-201510kminesafe.htm |
EX-12.2 - EXHIBIT 12.2 - RATIO OF EARNINGS TO FIXED CHARGES - AK STEEL HOLDING CORP | exhibit122-201510kratioofe.htm |
10-K - 10-K - AK STEEL HOLDING CORP | form10-k2015.htm |
EX-31.1 - EXHIBIT 31.1 - SECTION 302 CERTIFICATION OF CEO - AK STEEL HOLDING CORP | exhibit311-201510ksection3.htm |
EXHIBIT 12.1
AK STEEL HOLDING CORPORATION
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
(dollars in millions)
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
Combined fixed charges: | |||||||||||||||||||
Capitalized interest credit | $ | 2.1 | $ | 2.7 | $ | 2.7 | $ | 2.5 | $ | 6.7 | |||||||||
Interest factor in rent expense | 5.3 | 4.3 | 3.3 | 3.8 | 3.0 | ||||||||||||||
Other interest and fixed charges | 173.1 | 144.2 | 127.6 | 86.8 | 47.9 | ||||||||||||||
Preference dividends | — | — | — | — | — | ||||||||||||||
Total combined fixed charges | $ | 180.5 | $ | 151.2 | $ | 133.6 | $ | 93.1 | $ | 57.6 | |||||||||
Earnings—pre-tax income (loss) with applicable adjustments | $ | (239.8 | ) | $ | 77.1 | $ | 93.7 | $ | (159.0 | ) | $ | (186.0 | ) | ||||||
Ratio of earnings to combined fixed charges | NM* | NM* | NM* | NM* | NM* |
* In 2015, 2014, 2013, 2012 and 2011, earnings were less than combined fixed charges by $420.3, $74.1, $39.9, $252.1 and $243.6, respectively.