Attached files
| file | filename |
|---|---|
| 10-K - 10-K - GENERAL CABLE CORP /DE/ | bgc-20161231.htm |
| EX-23.1 - EXHIBIT 23.1 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex231.htm |
| EX-31.1 - EXHIBIT 31.1 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex311.htm |
| EX-21.1 - EXHIBIT 21.1 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex211.htm |
| EX-10.14 - EXHIBIT 10.14 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex1014.htm |
| EX-32.1 - EXHIBIT 32.1 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex321.htm |
| EX-24.1 - EXHIBIT 24.1 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex241.htm |
| EX-10.15 - EXHIBIT 10.15 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex1015.htm |
| EX-31.2 - EXHIBIT 31.2 - GENERAL CABLE CORP /DE/ | bgc-20161231_ex312.htm |
Exhibit 12.1
Computation of Ratio of Earnings to Fixed Charges
(in millions)
Year ended December 31, | |||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||||||||||
EARNINGS AS DEFINED | |||||||||||||||||||
Earnings (loss) from operations before income taxes and before adjustments for minority interests in consolidated subsidiaries and after eliminating undistributed earnings of equity method investees | $ | (98.1 | ) | $ | (151.1 | ) | $ | (636.1 | ) | $ | 27.0 | $ | 86.9 | ||||||
Preferred stock dividend (pre-tax equivalent) | — | — | — | (0.3 | ) | (0.3 | ) | ||||||||||||
Fixed charges | 95.9 | 108.1 | 127.6 | 137.0 | 114.6 | ||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | (2.2 | ) | $ | (43.0 | ) | $ | (508.5 | ) | $ | 163.7 | $ | 201.2 | ||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||
Interest expense | $ | 84.2 | $ | 92.9 | $ | 112.5 | $ | 121.0 | $ | 103.5 | |||||||||
Amortization of capitalized expenses related to debt | 5.3 | 4.1 | 3.8 | 3.9 | 3.3 | ||||||||||||||
Preferred stock dividend (pre-tax equivalent) | — | — | — | 0.3 | 0.3 | ||||||||||||||
Interest component of rent expense | 6.4 | 11.1 | 11.3 | 11.8 | 7.5 | ||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 95.9 | $ | 108.1 | $ | 127.6 | $ | 137.0 | $ | 114.6 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES | — | (0.4 | ) | (4.0 | ) | 1.2 | 1.8 | ||||||||||||