Attached files

file filename
10-K - 10-K - AMKOR TECHNOLOGY, INC.amkr12311510k.htm
EX-23.2 - EX-23.2 - AMKOR TECHNOLOGY, INC.amkr123115ex232.htm
EX-23.1 - EX-23.1 - AMKOR TECHNOLOGY, INC.amkr123115ex231.htm
EX-99.1 - EX-99.1 - AMKOR TECHNOLOGY, INC.amkr123115ex991.htm
EX-32 - EX-32 - AMKOR TECHNOLOGY, INC.amkr123115ex32.htm
EX-31.2 - EX-31.2 - AMKOR TECHNOLOGY, INC.amkr123115ex312.htm
EX-21.1 - EX-21.1 - AMKOR TECHNOLOGY, INC.amkr123115ex211.htm
EX-31.1 - EX-31.1 - AMKOR TECHNOLOGY, INC.amkr123115ex311.htm


Exhibit 12.1
AMKOR TECHNOLOGY, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Year Ended December 31,
 
2015
 
2014
 
2013
 
2012
 
2011
 
(In thousands)
Earnings
 

 
 

 
 

 
 

 
 

Income before taxes and equity in earnings of unconsolidated affiliate
$
67,535

 
$
136,078

 
$
123,987

 
$
54,111

 
$
93,134

Interest expense
84,713

 
107,688

 
103,027

 
94,280

 
82,869

Amortization of deferred debt issuance costs and premiums
1,662

 
2,237

 
2,880

 
3,663

 
3,737

Interest portion of rent (1)
8,171

 
9,502

 
7,947

 
4,386

 
5,020

 
$
162,081

 
$
255,505

 
$
237,841

 
$
156,440

 
$
184,760

Fixed Charges
 

 
 

 
 

 
 

 
 

Interest expense
$
84,713

 
$
107,688

 
$
103,027

 
$
94,280

 
$
82,869

Capitalized interest
10,079

 
6,912

 
1,740

 

 

Amortization of debt issuance costs and premiums
1,662

 
2,237

 
2,880

 
3,663

 
3,737

Interest portion of rent (1)
8,171

 
9,502

 
7,947

 
4,386

 
5,020

 
$
104,625

 
$
126,339

 
$
115,594

 
$
102,329

 
$
91,626

Ratio of earnings to fixed charges
1.5

 
2.0

 
2.1

 
1.5

 
2.0

(1)
Represents one-third of total rent expense which we believe is a reasonable estimate of the interest component of rent expense.