EXHIBIT 12.1 REVLON CONSUMER PRODUCTS CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (dollars in millions) YEAR ENDED DECEMBER 31, ----------- -- ----------- -- ------------ -- ------------ - ------------- 1997 1998 1999 2000 2001 ----------- ----------- ------------ ------------ ------------- (Loss) income from continuing operations before income taxes............................. $ 67.1 $ (20.8) $ (360.6) $ (119.4) $ (144.6) Interest expense............................... 133.7 137.9 147.9 144.5 140.5 Amortization of debt issuance costs............ 6.6 5.1 4.3 5.6 6.2 Portion of rental expense deemed to represent interest............................... 15.2 14.4 14.1 10.9 9.6 ----------- ----------- ------------ ------------ ------------- Earnings (loss) before fixed charges........... $ 222.6 $ 136.6 $ (194.3) $ 41.6 $ 11.7 =========== =========== ============ ============ ============= Interest expense............................... $ 133.7 $ 137.9 $ 147.9 $ 144.5 $ 140.5 Amortization of debt issuance costs............ 6.6 5.1 4.3 5.6 6.2 Portion of rental expense deemed to represent interest............................... 15.2 14.4 14.1 10.9 9.6 ----------- ----------- ------------ ------------ ------------- Fixed charges.................................. $ 155.5 $ 157.4 $ 166.3 $ 161.0 $ 156.3 =========== =========== ============ ============ ============= Ratio of earnings to fixed charges............. 1.4x 0.9x - 0.3x 0.1x =========== =========== ============ ============ ============= Deficiency of earnings to fixed charges........ $ - $ 20.8 $ 360.6 $ 119.4 $ 144.6 =========== =========== ============ ============ =============