Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - GENERAL CABLE CORP /DE/ | bgc-20170331.htm |
| EX-10.3 - EXHIBIT 10.3 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit103.htm |
| EX-31.2 - EXHIBIT 31.2 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit312.htm |
| EX-10.4 - EXHIBIT 10.4 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit104.htm |
| EX-10.5 - EXHIBIT 10.5 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit105.htm |
| EX-10.2 - EXHIBIT 10.2 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit102.htm |
| EX-10.1 - EXHIBIT 10.1 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit101.htm |
| EX-32.1 - EXHIBIT 32.1 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit321.htm |
| EX-31.1 - EXHIBIT 31.1 - GENERAL CABLE CORP /DE/ | bgc-20170331_exhibit311.htm |
Exhibit 12.1
GENERAL CABLE CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(in millions)
Three months ended March 31, 2017 | 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 | $ | 18.7 | $ | (98.1 | ) | $ | (151.1 | ) | $ | (636.1 | ) | $ | 27.0 | $ | 86.9 | ||||||||
Preferred stock dividend (pre-tax equivalent) | — | — | — | — | (0.3 | ) | (0.3 | ) | |||||||||||||||
Fixed charges | 22.2 | 95.9 | 108.1 | 127.6 | 137.0 | 114.6 | |||||||||||||||||
TOTAL EARNINGS, AS DEFINED | $ | 40.9 | $ | (2.2 | ) | $ | (43.0 | ) | $ | (508.5 | ) | $ | 163.7 | $ | 201.2 | ||||||||
FIXED CHARGES, AS DEFINED | |||||||||||||||||||||||
Interest expense | $ | 20.0 | $ | 84.2 | $ | 92.9 | $ | 112.5 | $ | 121.0 | $ | 103.5 | |||||||||||
Amortization of capitalized expenses related to debt | 0.7 | 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 | 1.5 | 6.4 | 11.1 | 11.3 | 11.8 | 7.5 | |||||||||||||||||
TOTAL FIXED CHARGES, AS DEFINED | $ | 22.2 | $ | 95.9 | $ | 108.1 | $ | 127.6 | $ | 137.0 | $ | 114.6 | |||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 1.8 | — | (0.4 | ) | (4.0 | ) | 1.2 | 1.8 | |||||||||||||||