Attached files
| file | filename |
|---|---|
| EX-95.1 - EXHIBIT 95.1 - Noranda Aluminum Holding CORP | a201510kex-951.htm |
| EX-32.1 - EXHIBIT 32.1 - Noranda Aluminum Holding CORP | a201510kex-321.htm |
| EX-21.1 - EXHIBIT 21.1 - Noranda Aluminum Holding CORP | a201510kex-211.htm |
| EX-31.1 - EXHIBIT 31.1 - Noranda Aluminum Holding CORP | a201510kex-311.htm |
| EX-31.2 - EXHIBIT 31.2 - Noranda Aluminum Holding CORP | a201510kex-312.htm |
| EX-10.2 - EXHIBIT 10.2 - Noranda Aluminum Holding CORP | a201510-kexx102amendmentno.htm |
| EX-10.3 - EXHIBIT 10.3 - Noranda Aluminum Holding CORP | a201510-kexx103diptermloan.htm |
| EX-10.1 - EXHIBIT 10.1 - Noranda Aluminum Holding CORP | a201510kex-101postxpetitio.htm |
| EX-10.4 - EXHIBIT 10.4 - Noranda Aluminum Holding CORP | a201510-kexx104termamendme.htm |
| XML - IDEA: XBRL DOCUMENT - Noranda Aluminum Holding CORP | R9999.htm |
| 10-K - 10-K - Noranda Aluminum Holding CORP | a201510k.htm |
Exhibit 12.1
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year ended and as of December 31, | ||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||
$ | $ | $ | $ | $ | ||||||
Computation of earnings: | ||||||||||
Income (loss) before income taxes | (307.1 | ) | (28.7 | ) | (77.8 | ) | 74.6 | 186.3 | ||
Plus: fixed charges | 55.4 | 54.0 | 50.2 | 35.0 | 23.5 | |||||
Less: capitalized interest | (1.6 | ) | (2.3 | ) | (1.6 | ) | (1.1 | ) | 0.9 | |
Earnings | (253.3 | ) | 23.0 | (29.2 | ) | 108.5 | 210.7 | |||
Computation of fixed charges | ||||||||||
Interest expense, net | 52.6 | 50.4 | 47.5 | 33.1 | 21.5 | |||||
Capitalized interest | 1.5 | 2.3 | 1.6 | 1.1 | 0.9 | |||||
Interest portion of operating lease expense | 1.3 | 1.3 | 1.1 | 0.8 | 1.1 | |||||
Fixed charges | 55.4 | 54.0 | 50.2 | 35.0 | 23.5 | |||||
Ratio of earnings to fixed charges | (4.6 | ) | 0.4 | (0.6 | ) | 3.1 | 9.0 | |||
(a) Ratio is less than one; earnings are inadequate to cover fixed charges. The dollar amount of the coverage deficiency for the affected period is presented below. | ||||||||||
Year ended and as of December 31, | ||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | ||||||
$ | $ | $ | $ | $ | ||||||
Coverage deficiency - earnings to fixed charges | (308.6 | ) | — | (79.4 | ) | — | — | |||