Exhibit 12.1
BROADWIND ENERGY, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(AMOUNTS IN THOUSANDS)
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| Six Months |
| Year Ended December 31, |
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| 2011 |
| 2010 |
| 2009 |
| 2008 |
| 2007 |
| 2006 |
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Fixed Charges: |
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Interest expensed and capitalized |
| $ |
| 586 |
| $ |
| 1,289 |
| $ |
| 2,745 |
| $ |
| 2,918 |
| $ |
| 1,257 |
| $ |
| 411 |
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Amortized premiums, discounts & capitalized expenses related to debt |
| — |
| — |
| — |
| — |
| — |
| — |
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Estimate of interest within rental expense |
| 765 |
| 1,734 |
| 1,761 |
| 1,030 |
| 204 |
| 133 |
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Preference security dividend requirements |
| — |
| — |
| — |
| — |
| — |
| — |
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Total Fixed Charges |
| $ |
| 1,351 |
| $ |
| 3,023 |
| $ |
| 4,506 |
| $ |
| 3,948 |
| $ |
| 1,461 |
| $ |
| 544 |
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| Six Months |
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| Ended June 30, |
| Year Ended December 31, |
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| 2011 |
| 2010 |
| 2009 |
| 2008 |
| 2007 |
| 2006 |
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Earnings: |
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Pre-tax loss from continuing operations |
| $ | (8,421 | ) | $ | (69,913 | ) | $ | (107,973 | ) | $ | (24,182 | ) | $ | (4,401 | ) | $ | (2,735 | ) | ||||||
plus: fixed charges |
| 1,351 |
| 3,023 |
| 4,506 |
| 3,948 |
| 1,461 |
| 544 |
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plus: amortization of capitalized interest |
| 12 |
| 24 |
| 24 |
| 17 |
| — |
| — |
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plus: distributed income of equity investees |
| — |
| — |
| — |
| — |
| — |
| — |
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plus: share of pre-tax losses of equity investees |
| — |
| — |
| — |
| — |
| — |
| — |
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less: interest capitalized |
| — |
| (74 | ) | (448 | ) | (230 | ) | (18 | ) | — |
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less: preference security dividend requirements |
| — |
| — |
| — |
| — |
| — |
| — |
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less: non-controlling interest in pre-tax income of subsidiaries |
| — |
| — |
| — |
| — |
| — |
| — |
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Total Earnings |
| $ | (7,058 | ) | $ | (66,940 | ) | $ | (103,891 | ) | $ | (20,447 | ) | $ | (2,958 | ) | $ | (2,191 | ) | ||||||
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Ratio of earnings to fixed charges |
| * |
| * |
| * |
| * |
| * |
| * |
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*Deficiency of fixed charge coverage |
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Deficiency of earnings to fixed charges |
| $ | (8,409 | ) | $ | (69,963 | ) | $ | (108,397 | ) | $ | (24,395 | ) | $ | (4,419 | ) | $ | (2,735 | ) |