Exhibit 12
ALERIS INTERNATIONAL, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
(Successor) | (Predecessor) | (Successor) | (Predecessor) | ||||||||||||
For the three months ended September 30 |
For the nine months ended September 30 | ||||||||||||||
2007 | 2006 | 2007 | 2006 | ||||||||||||
Earnings: |
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(Loss) Earnings before provisions for income taxes and minority interests |
$ | (40.9 | ) | $ | (38.7 | ) | $ | (63.1 | ) | $ | 95.0 | ||||
Add: Total fixed charges (per below) |
62.3 | 28.4 | 180.0 | 58.5 | |||||||||||
Less: Interest capitalization |
1.8 | 0.4 | 5.0 | 1.0 | |||||||||||
Total earnings (loss) before provision for income taxes and minority interest |
19.6 | (10.7 | ) | 111.9 | 152.5 | ||||||||||
Fixed Charges: |
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Interest expense, including interest capitalized |
60.1 | 27.0 | 173.8 | 55.3 | |||||||||||
Portion of rental expense representative of the interest factor |
2.2 | 1.4 | 6.2 | 3.2 | |||||||||||
Total fixed charges |
62.3 | 28.4 | 180.0 | 58.5 | |||||||||||
Ratio of Earnings to Fixed Charges |
(a | ) | (a | ) | (a | ) | 2.6 | ||||||||
(a) | For the three and nine months ended September 30, 2007, earnings were insufficient to cover fixed charges by $42.7 and $68.1, respectively. For the three months ended September 30, 2006, earnings were insufficient to cover fixed charges by $39.1. |