Exhibit 12.1
COOPER STANDARD HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollars in millions)
| | | | | | | | | | | | | | | | | | |
| | Predecessor | | Successor | |
| | January 1 to December 23, | | December 24 to December 31, | | | Combined Year Ended December 31, | | Year Ended December 31, | | Year Ended December 31, | | | Year Ended December 31, | | | Year Ended December 31, | |
| | 2004 | | 2004 | | | 2004 | | 2005 | | 2006 | | | 2007 | | | 2008 | |
Earnings (loss) from continuing operations before income taxes, adjustment for minority interests in consolidated subsidiaries and income or loss from equity investments | | 117.3 | | (6.3 | ) | | 111.0 | | 9.6 | | (15.0 | ) | | (119.6 | ) | | (94.2 | ) |
Plus: | | | | | | | | | | | | | | | | | | |
Fixed charges | | 9.1 | | 5.8 | | | 15.0 | | 71.6 | | 92.9 | | | 104.8 | | | 108.2 | |
| | | | | | | | | | | | | | | | | | |
Earnings available for fixed charges | | 126.4 | | (0.5 | ) | | 126.0 | | 81.2 | | 77.9 | | | (14.8 | ) | | 14.0 | |
Fixed charges | | | | | | | | | | | | | | | | | | |
Interest expenses | | 4.2 | | 5.8 | | | 10.0 | | 66.6 | | 87.1 | | | 97.4 | | | 100.5 | |
Estimated interest factor for rentals | | 4.9 | | 0.0 | | | 4.9 | | 5.0 | | 5.8 | | | 7.4 | | | 7.7 | |
| | | | | | | | | | | | | | | | | | |
Fixed charges | | 9.1 | | 5.8 | | | 15.0 | | 71.6 | | 92.9 | | | 104.8 | | | 108.2 | |
Ratio of earnings to fixed charges | | 13.9x | | — | | | 8.4x | | 1.1x | | — | | | — | | | — | |
Deficiency | | — | | 6.3 | | | — | | — | | 15.0 | | | 119.6 | | | 94.2 | |