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EXHIBIT 12.1
VENTURE HOLDINGS COMPANY LLC
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(THOUSANDS OF DOLLARS)
Years Ended December 31,
1999 1998 1997 1996 1995
---- ---- ---- ---- ----
Net Earnings from continuing operations ( 8,941) 13,568 11,523 1,999 4,142
Add back:
Taxes on Income 8,227 2,489 3,830 1,002 577
Fixed Charges 80,072 40,651 34,204 21,899 16,704
Amortization of previously
capitalized interest -- 224 295 285 285
Deduct:
Capitalized Interest -- -- -- 108 --
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Earnings available for fixed charges 79,358 56,932 49,852 25,077 21,708
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Fixed charges of Venture Holdings
Company LLC:
Interest expense 72,606 36,641 30,182 19,248 15,032
Capitalized interest -- -- -- 108 --
Amortization of debt expense
and debt discount 4,572 2,160 1,934 885 556
Interest portion of rent expense 2,894 1,850 2,088 1,658 1,116
------------ ------------ ------------ ------------ ------------
80,072 40,651 34,204 21,899 16,704
============ ============ ============ ============ ============
Ratio of earning to fixed charges 0.99 1.40 1.46 1.15 1.30
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VENTURE HOLDINGS COMPANY LLC
VALUATION AND QUALIFYING ACCOUNTS
(THOUSANDS OF DOLLARS)
For the years ended December 31, 1999, 1998 and 1997
Column A Column B Column C Additions Column D Column E
-------- -------- -------- --------- -------- --------
Balance at Charged to Charged to
Allowance for Doubtful Accounts Beginning Costs and other accounts Deductions Balance at
For the year ended December 31, of year expenses described described end of year
------------------------------- ---------- ---------- -------------- ---------- -----------
1999 $ 4,518 $ 4,869 $ 5,964 $ (5,403) $ 9,948
1998 3,572 3,226 -- (2,280) 4,518
1997 2,781 1,635 -- (844) 3,572