EX-12.1 4 f80906a1ex12-1.txt EXHIBIT 12.1 EXHIBIT 12.1 REGISTRATION UNDER THE SECURITIES ACT OF 1933 RATIO OF EARNINGS TO FIXED CHARGES LSI LOGIC CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (AMOUNTS IN MILLIONS OF DOLLARS)
Year ended December 31, ------------------------------------------------------------------ 1997 1998 1999 2000 2001 -------- -------- -------- -------- -------- Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees $ 228.0 $ (129.5) $ 224.2 $ 379.8 $(1,030.4) Add: Amortization of capitalized interest 2.0 1.4 2.8 2.7 2.7 Less: Interest capitalized (5.0) (11.5) -- -- -- -------- -------- -------- -------- -------- Subtotal 225.0 (139.6) 227.0 382.5 (1,027.7) -------- -------- -------- -------- -------- Fixed charges: Interest expensed and capitalized and amortization of debt discounts and premiums on all indebtedness 7.9 21.0 40.0 41.6 44.6 Interest on rental expenses 15.6 15.4 13.0 7.8 16.5 -------- -------- -------- -------- -------- Total fixed charges 23.5 36.4 53.0 49.4 61.1 -------- -------- -------- -------- -------- Earnings $ 248.5 $ (103.2) $ 280.0 $ 431.9 $ (966.6) -------- -------- -------- -------- -------- Ratio of earnings to fixed charges 10.6 -- 5.3 8.7 -- ======== ======== ======== ======== ========