EXHIBIT 12
ADVANCED GLASSFIBER YARNS LLC
STATEMENT RE COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(in thousands, except ratio information)
Advanced
Glassfiber Yarns
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Three Nine
Months Months
Ended Ended
December 31, September 30, Year Ended December 31,
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1998 1998 1997 1996 1995 1994
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EARNINGS:
Income from continuing operations before
income taxes 4,275 59,235 82,866 83,294 74,535 65,072
Fixed charges 9,326 898 1,076 618 457 422
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13,601 60,133 83,942 83,912 74,992 65,494
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FIXED CHARGES:
Interest, including amortization of debt
issuance costs 9,113 -- -- -- -- --
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Portion of rents representative of interest
factor 213 898 1,076 618 457 422
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9,326 898 1,076 618 457 422
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RATIO OF EARNINGS TO FIXED CHARGES 1.5x 67x 78x 136x 164x 155x
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