Attached files
| file | filename |
|---|---|
| EX-32 - SECTION 906 CERTIFICATION STATEMENT OF CEO AND CFO - OLIN Corp | oln-ex32_2018331xq1.htm |
| EX-31.2 - SECTION 302 CERTIFICATION STATEMENT OF CFO - OLIN Corp | oln-ex312_2018331xq1.htm |
| EX-31.1 - SECTION 302 CERTIFICATION STATEMENT OF CEO - OLIN Corp | oln-ex311_2018331xq1.htm |
| EX-10.1 - PERFORMANCE SHARE PROGRAM - OLIN Corp | performancesharesprogramex.htm |
| 10-Q - FORM 10-Q - OLIN Corp | oln-2018331x10q.htm |
Exhibit 12
OLIN CORPORATION AND CONSOLIDATED SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Unaudited)
Three Months Ended March 31, | ||||||||
2018 | 2017 | |||||||
Earnings: | ($ in millions) | |||||||
Income before taxes | $ | 27.5 | $ | 17.9 | ||||
Add (deduct): | ||||||||
Earnings of non-consolidated affiliates | (0.5 | ) | (0.5 | ) | ||||
Amortization of capitalized interest | 0.5 | 0.5 | ||||||
Capitalized interest | (0.8 | ) | (0.7 | ) | ||||
Fixed charges as described below | 74.5 | 62.4 | ||||||
Total | $ | 101.2 | $ | 79.6 | ||||
Fixed charges: | ||||||||
Interest expensed and capitalized | $ | 64.5 | $ | 53.1 | ||||
Estimated interest factor in rent expense(1) | 10.0 | 9.3 | ||||||
Total | $ | 74.5 | $ | 62.4 | ||||
Ratio of earnings to fixed charges | 1.4 | 1.3 | ||||||
(1) | Amounts represent those portions of rent expense that are reasonable approximations of interest costs. |