Cooper-Standard (CPS) 10-K 2011 FY Annual report

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends

(In millions, except ratio of earnings to fixed charges)

	Predecessor								Successor
							Five Months  Ended May 31,		Seven Months  Ended December 31,		Year  Ended December 31,
	Year Ended December 31,
	2007		2008		2009		2010		2010		2011
Income (loss) before income taxes	$	(117.5)	$	(93.3)	$	(411.9)	$	319.9	$	46.2	$	97.3
Less:
Income from equity method investments		(2.2)		(0.9)		(4.0)		(3.6)		(3.4)		(5.4)
Earnings (loss) from continuing operations before income taxes and income or loss from equity investments		(119.7)		(94.2)		(415.9)		316.3		42.8		91.9
Plus:
Fixed charges, excluding preferred stock dividend requirement		104.8		108.2		73.6		48.3		29.8		53.3
Earnings available for fixed charges	$	(14.9)	$	14.0	$	(342.3)	$	364.6	$	72.6	$	145.2
Fixed charges:
Interest expense	$	97.4	$	100.5	$	66.5	$	45.2	$	25.9	$	45.4
Estimated interest factor for rentals		7.4		7.7		7.1		3.1		3.9		7.9
Preferred stock dividend requirements		-		-		-		-		4.7		7.3
Fixed charges	$	104.8	$	108.2	$	73.6	$	48.3	$	34.5	$	60.6
Ratio of earnings to combined fixed charges and preferred stock dividends		-		-		-		7.5		2.1		2.4
Fixed charges in excess of earnings (1)	$	119.7	$	94.2	$	415.9	$	-	$	-	$	-

(1) Earnings were insufficient to cover fixed charges by $119.7 million, $94.2 million and $415.9 million for the years ended December 31, 2007, 2008 and 2009, respectively.