Attached files

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EX-31.4 - EX-31.4 - Metaldyne Performance Group Inc.mpg-ex314_34.htm
EX-31.3 - EX-31.3 - Metaldyne Performance Group Inc.mpg-ex313_35.htm
EX-10.31A - EX-10.31A - Metaldyne Performance Group Inc.mpg-ex1031a_17.htm
10-K/A - 10-K/A - Metaldyne Performance Group Inc.mpg-10ka_20161231.htm

EXHIBIT 12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

METALDYNE PERFORMANCE GROUP INC.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

Successor Period

 

 

 

Predecessor Period

 

 

 

2016

 

 

2015

 

 

2014

 

 

2013

 

 

2012

 

 

 

2012

 

 

 

(In millions)

 

Earnings Available for Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) before tax

 

$

135.3

 

 

 

173.9

 

 

 

54.2

 

 

 

92.9

 

 

 

(47.1

)

 

 

 

(36.7

)

Add: fixed charges included in earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

103.5

 

 

 

107.5

 

 

 

99.9

 

 

 

74.7

 

 

 

11.1

 

 

 

 

25.8

 

Interest element of rentals

 

 

0.8

 

 

 

0.7

 

 

 

0.8

 

 

 

0.8

 

 

 

 

 

 

 

0.4

 

Total

 

 

104.3

 

 

 

108.2

 

 

 

100.7

 

 

 

75.5

 

 

 

11.1

 

 

 

 

26.2

 

Total earnings available for fixed charges

 

$

239.6

 

 

 

282.1

 

 

 

154.9

 

 

 

168.4

 

 

 

(36.0

)

 

 

 

(10.5

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges included in earnings

 

$

104.3

 

 

 

108.2

 

 

 

100.7

 

 

 

75.5

 

 

 

11.1

 

 

 

 

26.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

 

 

2.3

 

 

 

2.6

 

 

 

1.5

 

 

 

2.2

 

 

 

(3.2

)

 

 

 

(0.4

)

Amount of Deficiency

 

Not applicable

 

 

Not applicable

 

 

Not applicable

 

 

Not applicable

 

 

 

47.1

 

 

 

 

36.7