EX-12.1 2 w42698ex12-1.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 1 EXHIBIT 12.1 AMKOR TECHNOLOGY, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN THOUSANDS EXCEPT RATIO DATA)
YEAR ENDED DECEMBER 31, NINE MONTHS ENDED ----------------------------------------------------------- SEPTEMBER 30, 1995 1996 1997 1998 1999 2000 --------- --------- --------- --------- --------- --------- Earnings Income before income taxes and equity in income (loss) of investees .......... $ 67,023 $ 43,012 $ 61,006 $ 100,735 $ 105,288 $ 147,908 Interest expense ....................... 17,319 27,716 37,993 25,860 61,803 88,688 Amortization of debt issuance costs .... -- -- -- 1,217 3,466 4,814 Interest portion of rent ............... 1,218 1,822 2,236 2,584 3,481 2,070 Less (earnings) loss of affiliates ..... 95 (661) (512) -- 2,622 -- --------- --------- --------- --------- --------- --------- $ 85,655 $ 71,889 $ 100,723 $ 130,396 $ 176,660 $ 243,480 ========= ========= ========= ========= ========= ========= Fixed Charges Interest expense ....................... 17,319 27,716 37,993 25,860 61,803 88,688 Amortization of debt issuance costs .... -- -- -- 1,217 3,466 4,814 Interest portion of rent ............... 1,218 1,822 2,236 2,584 3,481 2,070 --------- --------- --------- --------- --------- --------- $ 18,537 $ 29,538 $ 40,229 $ 29,661 $ 68,750 $ 95,572 ========= ========= ========= ========= ========= ========= Ratio of earnings to fixed charges ........ 4.6x 2.4x 2.5x 4.4x 2.6x 2.5x ========= ========= ========= ========= ========= =========
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