C&D (CHP) 10-K 2010 FY Annual report

EXHIBIT 12.1

C&D TECHNOLOGIES, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In thousands except ratio data)

	Year Ended January 31,
	2010			2009			2008			2007			2006
Earnings
Loss before income taxes, noncontrolling interest and discontinued operations	$	(23,557	)	$	(15,457	)	$	(770	)	$	(16,522	)	$	(2,660	)
Interest expense and amortization of debt costs		12,486			12,032			10,960			14,266			10,235
Interest portion of rent*		820			782			678			699			621
	$	(10,251	)	$	(2,643	)	$	10,868		$	(1,557	)	$	8,196
Fixed Charges
Interest expense and amortization of debt costs		12,486			12,032			10,960			14,266			10,235
Interest portion of rent		820			782			678			699			621
	$	13,306		$	12,814		$	11,638		$	14,965		$	10,856
Ratio of earnings to fixed charges		x	(1)		x	(1)		x	(1)		x	(1)		x	(1)

 *  The Company has determined the interest component of rent expense to be 0.30.

(1) The ratio of earnings to fixed charges was less than 1:1 for fiscal year 2010. In order to achieve a ratio of earnings to fixed charges of 1:1, we would have had to generate an additional $23.6 million of earnings in fiscal 2010^.The ratio of earnings to fixed charges was less than l:1 for fiscal year 2009. In order to achieve a ratio of earnings to fixed charges of 1:1 we would have had to generate an additional $15.5 million of earning in fiscal 2009. The ratio of fixed charges was less than 1:1 for fiscal year 2008. In order to achieve a ratio of earnings to fixed charges of 1:1 we would have had to generate an additional $0.8 million of earnings in fiscal year 2008. The ratio of fixed charges was less than 1:1 in fiscal year 2007. In order to achieve a ratio of earning to fixed charges of 1:1 we would have had to generate an additional $16.5 million of earnings in fiscal 2007. The ratio of fixed charges was less than 1:1 in fiscal year 2006. In order to achieve a ratio of earnings to fixed charges of 1:1 we would have had to generate an additional $2.7 million of earnings in fiscal 2006.