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Exhibit 12.1
NORANDA ALUMINUM HOLDING CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
Three months ended | Nine months ended | |||||||
September 30, 2011 | September 30, 2011 | |||||||
$ | $ | |||||||
Computation of earnings: | ||||||||
Income before income taxes | 37.5 | 166.4 | ||||||
Plus: fixed charges | 5.8 | 18.0 | ||||||
Less: capitalized interest | (0.2 | ) | (0.6 | ) | ||||
Earnings | 43.1 | 183.8 | ||||||
Computation of fixed charges: | ||||||||
Interest expense, net | 5.2 | 16.4 | ||||||
Capitalized interest | 0.2 | 0.6 | ||||||
Interest portion of operating lease expense | 0.4 | 1.0 | ||||||
Fixed charges | 5.8 | 18.0 | ||||||
Ratio of earnings to fixed charges | 7.4 | 10.2 | ||||||