EX-12.1 5 d264865dex121.htm STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratio of Earnings to Fixed Charges

EXHIBIT 12.1

Accellent Inc.

Ratio of Earnings to Fixed Charges

(in thousands)

 

      Year Ended
December 31,		     Year Ended
December 31,		     Year Ended
December 31,		      Year Ended
December 31,		     Year Ended
December 31,		  
      2007     2008     2009      2010     2011  

Pre-tax (loss) income

    $ (269,490 )    $ (8,627 )    $ 2,506       $ (20,138 )    $ (9,310 ) 

Interest expense, net

      67,367        65,257        56,569         73,939        68,883   

Interest

      —          —          —             —     

Distributed income of equity investees

      —          —          —           —          —     

Interest portion of rent

      2,401        2,394        2,520         2,401        2,451   
  

 

 

    

 

 

    

 

 

     

 

 

    

 

 

  

Earnings (loss)

      (199,722 )      59,024        61,595         56,202        62,024   

Fixed charges

    $ 69,768      $ 67,651      $ 59,089       $ 76,340      $ 71,334   

Ratio

      —          —          1.04        —          —     

Deficiency

    $ (269,490 )    $ (8,627 )    $ —         $ (20,138 )    $ (9,310 )