Exhibit 12.1
COOPER STANDARD HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollars in millions)
Predecessor | Successor | |||||||||||||||||||||||||||||||||
Year Ended December 31, | January 1 to December 23, | December 24 to December 31, | Combined | December 31 | ||||||||||||||||||||||||||||||
2000 | 2001 | 2002 | 2003 | 2004 | 2004 | 2004 | 2005 | |||||||||||||||||||||||||||
Earnings (loss) from continuing operations before income taxes, adjustment for minority interests in consolidated subsidiares and income or loss from equity investments | (5.8 | ) | 37.3 | 109.9 | 91.6 | 117.3 | (6.3 | ) | 111.0 | 9.4 | ||||||||||||||||||||||||
Plus: | ||||||||||||||||||||||||||||||||||
Fixed charges | 80.5 | 10.8 | 12.7 | 11.9 | 9.1 | 5.8 | 15.0 | 71.6 | ||||||||||||||||||||||||||
Earnings available for fixed charges | 74.7 | 48.1 | 122.6 | 103.5 | 126.4 | (0.5 | ) | 126.0 | 81.0 | |||||||||||||||||||||||||
Fixed charges | ||||||||||||||||||||||||||||||||||
Interest expenses | 77.0 | 5.6 | 8.1 | 7.6 | 4.2 | 5.8 | 10.0 | 66.6 | ||||||||||||||||||||||||||
Estimated interest factor for rentals | 3.5 | 5.2 | 4.6 | 4.3 | 4.9 | 0.0 | 4.9 | 5.0 | ||||||||||||||||||||||||||
Fixed charges | 80.5 | 10.8 | 12.7 | 11.9 | 9.1 | 5.8 | 15.0 | 71.6 | ||||||||||||||||||||||||||
Ratio of earnings to fixed charges | — | 4.5 | x | 9.7 | x | 8.7 | x | 13.9 | x | — | 8.4 | x | 1.1 | x | ||||||||||||||||||||
Deficiency | — | — | ||||||||||||||||||||||||||||||||