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 |