EX-12 5 a10-12923_1ex12.htm EX-12

Exhibit 12

 

CORN PRODUCTS INTERNATIONAL, INC. (“CPI”)

Computation of Ratio of Earnings to Fixed Charges

 

 

 

Six Months

 

 

 

Ended

 

(in millions, except ratio)

 

June 30, 2010

 

Income before income taxes and earnings of non-controlling interests

 

$

136.8

 

Fixed charges

 

16.7

 

Capitalized interest

 

(1.3

)

Total

 

$

152.2

 

 

 

 

 

Ratio of earnings to fixed charges

 

9.11

 

 

 

 

 

Fixed Charges:

 

 

 

Interest expense on debt

 

$

15.7

 

Amortization of discount on debt

 

0.4

 

Interest portion of rental expense on operating leases

 

0.6

 

Total

 

$

16.7

 

 

1