EX-12.1 4 a07-6001_1ex12d1.htm EX-12.1

EXHIBIT 12.1

Accellent Inc.
Ratio of Earnings to Fixed Charges
(in thousands)

 

 

Predecessor

 

 

 

Successor

 

 

 

Years Ended December 31,

 

Period From
 January 1 to
 November 22,

 

 

 

Period From
 November 
23 to 
December 31

 

Year Ended
 December 31,

 

 

 

2002

 

2003

 

2004

 

2005

 

 

 

2005

 

2006

 

Pre-tax loss

 

$

(32,557

)

$

(932

)

$

(2,137

)

$

(76,497

)

 

 

$

(22,024

)

$

(13,252

)

Interest expense, net

 

16,923

 

16,587

 

26,879

 

43,233

 

 

 

9,301

 

65,338

 

Amortization of capitalized interest

 

—

 

—

 

—

 

—

 

 

 

—

 

—

 

Distributed income of equity investees

 

—

 

—

 

—

 

—

 

 

 

—

 

—

 

Interest portion of rent

 

766

 

1,044

 

1,874

 

2,184

 

 

 

292

 

2,370

 

Earnings (loss)

 

(14,868

)

16,699

 

26,616

 

(31,080

)

 

 

(12,431

)

54,456

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges

 

$

17,689

 

$

17,631

 

$

28,753

 

$

45,417

 

 

 

$

9,593

 

$

67,708

 

Ratio

 

—

 

—

 

—

 

—

 

 

 

—

 

—

 

Deficiency

 

$

32,557

 

$

932

 

$

2,137

 

$

76,497

 

 

 

$

22,024

 

$

13,252