EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

COOPER STANDARD HOLDINGS INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(dollars in millions)

 

     Predecessor    Successor  
     January 1 to
December 23,
   December 24
to
December 31,
    Combined
Year Ended
December 31,
   Year Ended
December 31,
   Year Ended
December 31,
    Year Ended
December 31,
    Year Ended
December 31,
 
     2004    2004     2004    2005    2006     2007     2008  

Earnings (loss) from continuing operations before income taxes, adjustment for minority interests in consolidated subsidiaries and income or loss from equity investments

   117.3    (6.3 )   111.0    9.6    (15.0 )   (119.6 )   (94.2 )

Plus:

                 

Fixed charges

   9.1    5.8     15.0    71.6    92.9     104.8     108.2  
                                       

Earnings available for fixed charges

   126.4    (0.5 )   126.0    81.2    77.9     (14.8 )   14.0  

Fixed charges

                 

Interest expenses

   4.2    5.8     10.0    66.6    87.1     97.4     100.5  

Estimated interest factor for rentals

   4.9    0.0     4.9    5.0    5.8     7.4     7.7  
                                       

Fixed charges

   9.1    5.8     15.0    71.6    92.9     104.8     108.2  

Ratio of earnings to fixed charges

   13.9x    —       8.4x    1.1x    —       —       —    

Deficiency

   —      6.3     —      —      15.0     119.6     94.2