EX-12 4 dex12.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio 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

September 30

   

For the nine months ended

September 30

     2007     2006     2007     2006

Earnings:

        

(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:

        

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.