EX-12.1 4 a2158580zex-12_1.htm EXHIBIT 12.1
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 12.1


Sanmina-SCI Corporation
Statement of Computation of Ratio of Earnings to Fixed Charges

 
   
  Fiscal Year
 
  Six Months Ended
April 2,
2005

 
  2004
  2003
  2002
  2001
  2000
 
  (In thousands, except ratios)

Fixed Charges:                                    
  Interest costs and amortization of debt discount and debt issuance costs   $ 87,509   $ 132,809   $ 130,263   $ 97,833   $ 55,218   $ 46,796
  Interest included in rental expense     3,794     6,678     7,836     9,756     12,646     14,471
   
 
 
 
 
 
    Total fixed charges   $ 91,303   $ 139,487   $ 138,099   $ 107,589   $ 67,864   $ 61,267
   
 
 
 
 
 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Income (loss) before provision for income taxes   $ (611,762 ) $ (15,581 ) $ (198,207 ) $ (2,814,892 ) $ 82,792   $ 349,971
  Loss from investment in 50% or less owned companies         15,526     6,351     4,512        
  Fixed charges     91,303     139,487     138,099     107,589     67,864     61,267
   
 
 
 
 
 
    Total earnings for computation of ratio   $ (520,459 ) $ 139,432   $ (53,757 ) $ (2,702,791 ) $ 150,656   $ 411,238
   
 
 
 
 
 

Ratio of earnings to fixed charges (1)

 

 


 

 

1.0x

 

 


 

 


 

 

2.2x

 

 

6.7x

(1)
Earnings for fiscal 2003 and 2002 were not sufficient to cover fixed charges by approximately $191.9 million for fiscal 2003 and approximately $2.8 billion for fiscal 2002. Earnings for the six months ended April 2, 2005 were not sufficient to cover fixed charges by approximately $611.8 million. The loss before income taxes for fiscal 2003 included an impairment of long-lived assets loss of $95.6 million and the loss before income taxes for fiscal 2002 included a goodwill impairment loss of $2.8 billion. The loss before income taxes for the six months ended April 2, 2005 included a goodwill impairment loss of $600 million.



QuickLinks

Sanmina-SCI Corporation Statement of Computation of Ratio of Earnings to Fixed Charges