Attached files
| file | filename |
|---|---|
| EX-95.1 - EXHIBIT 95.1 - AK STEEL HOLDING CORP | aks20170630exhibit951.htm |
| EX-32.2 - EXHIBIT 32.2 - AK STEEL HOLDING CORP | aks20170630exhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - AK STEEL HOLDING CORP | aks20170630exhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - AK STEEL HOLDING CORP | aks20170630exhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - AK STEEL HOLDING CORP | aks20170630exhibit311.htm |
| 10-Q - 10-Q - AK STEEL HOLDING CORP | form10-q2017q2.htm |
EXHIBIT 12.1
AK STEEL HOLDING CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES
(dollars in millions)
Six Months Ended June 30, | Year Ended December 31, | ||||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||||
Fixed charges: | |||||||||||||||||||||||
Capitalized interest credit | $ | 0.8 | $ | 3.1 | $ | 2.1 | $ | 2.7 | $ | 2.7 | $ | 2.5 | |||||||||||
Interest factor in rent expense | 2.8 | 5.6 | 5.3 | 4.3 | 3.3 | 3.8 | |||||||||||||||||
Other interest and fixed charges | 84.5 | 164.0 | 173.1 | 144.2 | 127.6 | 86.8 | |||||||||||||||||
Total fixed charges | $ | 88.1 | $ | 172.7 | $ | 180.5 | $ | 151.2 | $ | 133.6 | $ | 93.1 | |||||||||||
Earnings—pre-tax income (loss) with applicable adjustments | $ | 191.9 | $ | 166.4 | $ | (239.8 | ) | $ | 77.1 | $ | 93.7 | $ | (159.0 | ) | |||||||||
Ratio of earnings to fixed charges | 2.2 | NM* | NM* | NM* | NM* | NM* | |||||||||||||||||
* For the years ended December 31, 2016, 2015, 2014, 2013 and 2012, earnings were less than fixed charges by $6.3, $420.3, $74.1, $39.9 and $252.1, respectively.