EX-12.1 3 f98237p1exv12w1.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, --------------------------------------------- 1999 2000 2001 2002 2003 -------- ---------- --------- -------- -------- Pre-tax income (loss) from continuing operations before adjustment for minority interests in consolidated subsidiaries or income or loss from equity investees $ 224.2 $ 379.8 $(1,030.4) $ (290.4) (284.4) Add: Amortization of capitalized interest 2.8 2.7 2.7 2.6 2.6 Less: Interest capitalized - - - - - -------- ---------- --------- -------- -------- Subtotal 227.0 382.5 (1,027.7) (287.8) (281.8) -------- ---------- --------- -------- -------- Fixed charges: Interest expensed and capitalized and amortization of debt discounts and premiums on all indebtedness 40.0 41.6 44.6 52.0 30.7 Interest on rental expenses 13.0 7.8 16.5 3.5 16.7 -------- ---------- --------- -------- -------- Total fixed charges 53.0 49.4 61.1 55.5 47.4 -------- ---------- --------- -------- -------- Earnings $ 280.0 $ 431.9 $ (966.6) $ (232.3) $ (234.4) -------- ---------- --------- -------- -------- Ratio of earnings to fixed charges 5.3 8.7 - - - ======== ========== ========= ======== ========