Kraton Polymers 10-K 2006 FY Annual report

Exhibit 12.1

Kraton Polymer LLC
Ratio of Earnings to Fixed Charges
Amounts in thousands, except Ratios

													Predecessor
										Period from			Period from
										December 23			January 1
	Year Ended			Year Ended			Year Ended			through			through			Year Ended
	December 31,			December 31,			December 31,			December 31,			December 31,			December 31,
	2006			2005			2004			2003			2003			2002
Earnings:
Pre-tax Income (loss)	$	22,068		$	34,179		$	(54,794	)	$	(3,406	)	$	12,870		$	52,332
Income from equity investees		(168	)		(1,516	)		(462	)		(28	)		(621	)		(1,171	)
Fixed charges		44,716			36,832			41,943			589			60,683			39,656
Distributed income of equity investees		1,265			461			561			—			1,064			710
Total Earnings		67,881			69,956			(12,752	)		(2,845	)		73,996			91,527
Fixed Charges:
Interest expensed		39,916			32,303			34,247			518			36,775			32,982
Amortization of deferred financing costs		2,351			2,262			5,563			38			13,370			3,763
Accretion of debt discount		—			—			—			—			8,505			1,044
Estimate of interest within rental expense		2,449			2,267			2,133			33			2,033			1,867
Total fixed charges		44,716			36,832			41,943			589			60,683			39,656
Deficiency of Earnings to Fixed Charges		—			—			(54,695	)		(3,434	)		—			—
Ratio of Earnings to Fixed Charges		1.5			1.9			—			—			1.2			2.3