EX-12.1 2 f04089exv12w1.htm EXHIBIT 12.1 exv12w1
 

EXHIBIT 12.1

LSI LOGIC CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(AMOUNTS IN MILLIONS OF DOLLARS)

                                                 
                                            9 months
                                            ended
    Year ended December 31,
   September 30,
    1999
   2000
   2001
   2002
   2003
   2004
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 )     (248.1 )
Add: Amortization of capitalized interest
     2.8       2.7       2.7       2.6       2.6       0.2  
Less: Interest capitalized
     —       —       —       —       —       —  
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Subtotal
     227.0       382.5       (1,027.7 )     (287.8 )     (281.8 )     (247.9 )
 
    
 		      
 		      
 		      
 		      
 		      
 		  
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       18.0  
Interest on rental expenses
     13.0       7.8       16.5       3.5       16.7       12.6  
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Total fixed charges
     53.0       49.4       61.1       55.5       47.4       30.6  
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Earnings
   $ 280.0     $ 431.9     $ (966.6 )   $ (232.3 )   $ (234.4 )   $ (217.3 )
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Ratio of earnings to fixed charges
     5.3       8.7       —       —       —       —