Exhibit 12.1 DUNLOP STANDARD AEROSPACE GROUP FIXED COVERAGE RATIO NON PRO FORMA CONSOLIDATED CASH FLOW / FIXED CHARGES 1999 2000 2001 2002 2003 Consolidated Net Income 12,655 17,345 20,474 11,860 13,047 Adjustments: 1) gain or loss on asset sale -- -- -- -- 2) tax provision 6,758 11,233 13,252 10,018 13,137 3) Fixed Charges 39,500 40,685 41,930 43,235 31,962 4) Depreciation and amortization 10,328 13,757 18,486 19,241 18,914 5) Net periodic post retirement benefits -- -- -- -- 6) Other income or expenses -- -- -- 3,778 3,688 ------------------------------------------ CONSOLIDATED CASH FLOW 69,241 83,020 94,142 88,132 80,748 ========================================== Consolidated interest expense 39,500 40,685 41,930 43,235 31,962 Dividend payments of preferred stock -- -- -- -- ------------------------------------------ FIXED CHARGES 39,500 40,685 41,930 43,235 31,962 ========================================== CONSOLIDATED CASH FLOW / FIXED CHARGES Ratio calculated 1.75 2.04 2.25 2.04 2.53
