EX-12.1 3 f92471orexv12w1.txt EXHIBIT 12.1 EXHIBIT 12.1 LSI LOGIC CORPORATION COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (AMOUNTS IN MILLIONS OF DOLLARS)
Year ended December 31, Six months ended June 30, ---------------------------------------------------- ------------------------- 1998 1999 2000 2001 2002 2003 2002 ------- ------- -------- ---------- -------- ------------------------- Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees $(129.5) $ 224.2 $ 379.8 $ (1,030.4) $ (290.4) $ (284.5) $ (234.0) Add: Amortization of capitalized interest 1.4 2.8 2.7 2.7 2.6 1.3 1.3 Less: Interest capitalized (11.5) - - - - - - ------- ------- -------- -------- -------- ------------------------- Subtotal (139.6) 227.0 382.5 (1,027.7) (287.8) (283.2) (232.7) ------- ------- -------- -------- -------- ------------------------- Fixed charges: Interest expensed and capitalized and amortization of debt discounts and premiums on all indebtedness 21.0 40.0 41.6 44.6 52.0 16.1 31.3 . Interest on rental expenses 15.4 13.0 7.8 16.5 3.6 6.0 1.8 ------- ------- -------- -------- -------- ------------------------- Total fixed charges 36.4 53.0 49.4 61.1 55.6 22.1 33.1 ------- ------- -------- -------- -------- ------------------------- Earnings $(103.2) $ 280.0 $ 431.9 $ (966.6) $ (232.2) $ (261.1) $ (199.6) ------- ------- -------- -------- -------- ------------------------- Ratio of earnings to fixed charges - 5.3 8.7 - - - - ======= ======= ======== ======== ======== =========================