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EX-31.2A - EXHIBIT 31.2A - Momentive Performance Materials Inc.exhibit312a-2017.htm
EX-32.2 - EXHIBIT 32.2 - Momentive Performance Materials Inc.exhibit322-2017.htm
EX-32.1 - EXHIBIT 32.1 - Momentive Performance Materials Inc.exhibit321-2017.htm
EX-31.2B - EXHIBIT 31.2B - Momentive Performance Materials Inc.exhibit312b-2017.htm
EX-31.1B - EXHIBIT 31.1B - Momentive Performance Materials Inc.exhibit311b-2017.htm
EX-31.1A - EXHIBIT 31.1A - Momentive Performance Materials Inc.exhibit311a-2017.htm
EX-21.1 - EXHIBIT 21.1 - Momentive Performance Materials Inc.exhibit211-2017.htm
EX-14.1 - EXHIBIT 14.1 - Momentive Performance Materials Inc.exhibit141-2017.htm
10-K - ANNUAL REPORT - Momentive Performance Materials Inc.mpm1231201710-k.htm


MPM HOLDINGS INC.
Statement Regarding Computation of Ratios
(Amounts in millions of dollars)

 
Year Ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
Pre-tax income (loss) from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or earnings from unconsolidated entities
15

 
(146
)
 
(72
)
 
1,658

 
(363
)
Fixed Charges:
 
 
 
 
 
 
 
 
 
Interest expensed and capitalized
81

 
69

 
73

 
162

 
394

Interest element of lease costs
8

 
5

 
4

 
7

 
5

Total fixed charges
89

 
74

 
77

 
169

 
399

Pre-tax income (loss) from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or earnings from unconsolidated entities, plus fixed charges
104

 
(72
)
 
5

 
1,827

 
36

Ratio of earnings to fixed charges
1.17

 
N/A

 
N/A

 
10.81

 
N/A

(1)
The interest element of lease costs has been calculated as 1/3 of the rental expense relating to operating leases as management believes this represents the interest portion hereof.
(2)
Our earnings were insufficient to cover fixed charges by $146, $72, and $363, for the years ended December 31, 2016, 2015, and 2013, respectively.