Attached files
file | filename |
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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. |