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Filing tables
Filing exhibits
- 10-K Annual report
- 10.90 Audited Financial Statements of Unconsolidated Affiliate
- 12.1 Statement Regarding Computation of Ratios
- 21.1 List of Subsidiaries of the Registrant
- 31.1 Section 302 CEO Certification
- 31.1 Section 302 CFO Certification
- 32.1 Section 906 CEO & CFO Certification
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- View Excel data file
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Exhibit 12.1
HEXION INC.
Statement Regarding Computation of Ratios
(Amounts in millions of dollars)
Year ended December 31, | ||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||
(dollars in millions, except per share data) | ||||||||||||||
Pre-tax loss from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or earnings from unconsolidated entities | (220 | ) | (11 | ) | (22 | ) | (222 | ) | (210 | ) | ||||
Fixed Charges: | ||||||||||||||
Interest expensed and capitalized | 330 | 311 | 330 | 308 | 304 | |||||||||
Interest element of lease costs | 10 | 11 | 12 | 12 | 12 | |||||||||
Total fixed charges | 340 | 322 | 342 | 320 | 316 | |||||||||
Pre-tax income from continuing operations before adjustment for noncontrolling interests in consolidated subsidiaries or earnings from unconsolidated entities, plus fixed charges | 120 | 311 | 320 | 98 | 106 | |||||||||
Ratio of earnings to fixed charges | N/A | N/A | N/A | N/A | N/A |
(1) | The interest element of lease costs has been calculated as 1/3 of the rental expense relating to operating leases as management believes this represents the interest portion hereof. |
(2) | Our earnings were insufficient to cover fixed charges by $220, $11, $22, $222, and $210 for the years ended December 31, 2017, 2016, 2015, 2014 and 2013, respectively. |