Attached files

file filename
EX-95.1 - EXHIBIT 95.1 - AK STEEL HOLDING CORPaks20161231exhibit951.htm
EX-32.2 - EXHIBIT 32.2 - AK STEEL HOLDING CORPaks20161231exhibit322.htm
EX-32.1 - EXHIBIT 32.1 - AK STEEL HOLDING CORPaks20161231exhibit321.htm
EX-31.2 - EXHIBIT 31.2 - AK STEEL HOLDING CORPaks20161231exhibit312.htm
EX-31.1 - EXHIBIT 31.1 - AK STEEL HOLDING CORPaks20161231exhibit311.htm
EX-23.1 - EXHIBIT 23.1 - AK STEEL HOLDING CORPaks20161231exhibit231.htm
EX-12.2 - EXHIBIT 12.2 - AK STEEL HOLDING CORPaks20161231exhibit122.htm
EX-10.9 - EXHIBIT 10.9 - AK STEEL HOLDING CORPaks20161231exhibit109.htm
EX-10.8 - EXHIBIT 10.8 - AK STEEL HOLDING CORPaks20161231exhibit108.htm
10-K - 10-K - AK STEEL HOLDING CORPform10-k2016.htm


EXHIBIT 12.1
AK STEEL HOLDING CORPORATION
RATIO OF EARNINGS TO COMBINED FIXED CHARGES
(dollars in millions)

 
2016
 
2015
 
2014
 
2013
 
2012
Combined fixed charges:
 
 
 
 
 
 
 
 
 
Capitalized interest credit
$
3.1

 
$
2.1

 
$
2.7

 
$
2.7

 
$
2.5

Interest factor in rent expense
5.6

 
5.3

 
4.3

 
3.3

 
3.8

Other interest and fixed charges
164.0

 
173.1

 
144.2

 
127.6

 
86.8

Preference dividends

 

 

 

 

Total combined fixed charges
$
172.7

 
$
180.5

 
$
151.2

 
$
133.6

 
$
93.1

 
 
 
 
 
 
 
 
 
 
Earnings—pre-tax income (loss) with applicable adjustments
$
166.4

 
$
(239.8
)
 
$
77.1

 
$
93.7

 
$
(159.0
)
 
 
 
 
 
 
 
 
 
 
Ratio of earnings to combined fixed charges
NM*

 
NM*

 
NM*

 
NM*

 
NM*


* In 2016, 2015, 2014, 2013 and 2012, earnings were less than combined fixed charges by $6.3, $420.3, $74.1, $39.9 and $252.1, respectively.