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

NORANDA ALUMINUM HOLDING CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     As of and for the
quarter ended
March 31, 2011		  
(in millions)    $  

Computation of earnings

    $     

Income (loss) before tax expense

      57.5   

Less: equity in net income of investments in affiliates

      —     

Plus: fixed charges

      6.2   

Less: capitalized interest

      (0.2 ) 
        

Earnings

      63.5   
        

Computation of fixed charges

   

Net interest expense

      5.7   

Capitalized interest

      0.2   

Interest portion of operating lease expense

      0.3   
        

Fixed charges

      6.2   
        

Ratio of earnings to fixed charges

      10.2