EX-12 2 dex12.htm RATION OF EARNINGS TO FIXED CHARGES Ration of Earnings to Fixed Charges

Exhibit 12

ALERIS INTERNATIONAL, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in millions)

 

     (Successor)    (Predecessor)    (Successor)     (Predecessor)
    

For the three months ended

June 30

  

For the six months ended

June 30

     2007    2006    2007     2006

Earnings:

          

Earnings (loss) before provisions for income taxes and minority interests

   $ 30.6    $ 88.5    $ (22.2 )   $ 133.7

Add: Total fixed charges (per below)

     58.3      14.9      118.1       30.0

Less: Interest capitalization

     1.6      0.3      3.6       0.6
                            

Total earnings (loss) before provision for income taxes and minority interest

     87.3      103.1      92.3       163.1

Fixed Charges:

          

Interest expense, including interest capitalized

     56.3      14.0      114.1       28.2

Portion of rental expense representative of the interest factor

     2.0      0.9      4.0       1.8
                            

Total fixed charges

     58.3      14.9      118.1       30.0
                            

Ratio of Earnings to Fixed Charges

     1.5      6.9      (a )     5.4
                            

(a) For the six months ended June 30, 2007, earnings were insufficient to cover fixed charges by $25.8.