EX-12.1 5 ex12_1.htm EXHIBIT 12.1 ex12_1.htm
 


 
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,
   
Year Ended
December 31,
 
   
2003
   
2004
   
2005
   
2005
   
2006
   
2007
 
Pre-tax loss
 
$
(932
)
 
$
(2,137
)
   
(76,497
)
 
$
(22,024
)
 
$
(13,252
)
 
$
(119,740
)
Interest expense, net
   
16,587
     
26,879
     
43,233
     
9,301
     
65,338
     
67,367
 
Amortization of capitalized interest
   
     
     
     
     
     
 
Distributed income of equity investees
   
     
     
     
     
     
 
Interest portion of rent
   
1,044
     
1,874
     
2,184
     
292
     
2,370
     
2,401
 
Earnings (loss)
   
16,699
     
26,616
     
(31,080
     
(12,431
)
   
54,456
     
(49,972
)
                                                 
Fixed charges
 
$
17,631
   
$
28,753
   
$
45,417
   
$
9,593
   
$
67,708
   
$
69,768
 
Ratio
   
     
     
     
     
     
 
Deficiency
 
$
932
   
$
2,137
   
$
76,497
   
$
22,024
   
$
13,252
   
$
119,740