J.L. FRENCH AUTOMOTIVE CASTINGS, INC.
RATIO OF EARNING TO FIXED CHARGES
Predecessor French Automotive
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Year Ended Three Months Nine Months Year Ended
December 31, Ended Ended December 31,
--------------------- March 31, December 31, ----------------------
1994 1995 1996 1996 1997 1998
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EARNINGS:
Pretax income ........................... $ 30,999 $ 27,243 $ 5,788 $ (2,780) $ 12,678 $ 20,454
Fixed charges............................ 330 1,885 368 12,939 15,664 22,631
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$ 31,329 $ 29,128 $ 6,156 $ 10,159 $ 28,342 $ 43,085
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FIXED CHARGES:
Interest ................................ $ 330 $ 1,885 $ 350 $ 11,973 $ 13,981 $ 20,533
Dividends on convertible redeemable
preferred stock..................... -- -- -- 483 1,050 1,050
Amortization of deferred financing costs. 428 550 767
Interest component of rent expense ...... 18 55 83 281
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Total fixed charges ................ $ 330 $ 1,885 $ 368 $ 12,939 $ 15,664 $ 22,631
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RATIO OF EARNINGS TO FIXED CHARGES ........... 94.9 15.5 16.7 0.8 1.8 1.9
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French Automotive
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Pro Forma
Six Months Ended ---------------------------
June 30, Year Ended Six Months
--------------------- December 31, June 30,
1998 1999 1998 1999
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EARNINGS:
Pretax income ........................... $ 10,886 $ (8,424) $ (2,990) $ 5,100
Fixed charges............................ 9,785 14,345 44,915 14,857
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$ 20,671 $ 5,921 $ 41,925 $ 19,957
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FIXED CHARGES:
Interest ................................ $ 8,844 $ 13,823 $ 42,803 $ 13,823
Dividends on convertible redeemable
preferred stock..................... 525 -- -- --
Amortization of deferred financing costs. 276 404 1,831 916
Interest component of rent expense ...... 140 118 281 118
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Total fixed charges ................ $ 9,785 $ 14,345 $ 44,915 $ 14,857
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RATIO OF EARNINGS TO FIXED CHARGES ........... 2.1 0.4 0.9 1.3
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