1 EXHIBIT 12 LDM Technologies, Inc. Computation of Ratio of Earnings to Fixed Charges (thousands of dollars, except ratios) Years ended September ------------------------------------------------------- 1992 1993 1994 1995 1996 ------------------------------------------------------- Earnings available for fixed charges: Income from continuing operations before income taxes, minority interest and extraordinary item $1,141 $4,490 $6,559 $11,537 $5,108 Interest,including amortization of debt issuance costs 339 779 2,144 3,340 4,060 Less, interest capitalized during the year (162) (780) Amortization of capitalized interest 16 Portion of operating lease rentals deemed to be interest 250 275 450 650 600 ------------------------------------------------------- Total earnings available for fixed charges $1,730 $5,544 $9,153 $15,365 $9,004 ======================================================= Fixed charges: Interest, including amortization of debt issuance costs $ 339 $ 779 $2,144 $ 3,340 $4,060 Portion of operating lease rentals deemed to be interest 250 275 450 650 600 ------------------------------------------------------- Total fixed charges $ 589 $1,054 $2,594 $ 3,990 $4,660 ======================================================= Ratio of earnings to fixed charges 2.9 5.3 3.5 3.9 1.9