EX-12.1 5 f02723exv12w1.txt EXHIBIT 12.1 . . . EXHIBIT 12.1 CONSOLIDATED FIXED CHARGE COMPUTATION FOR SOLECTRON CORPORATION ($MILLIONS)
Year Ended August 31 ----------------------------------- Losses: 2004 2003 2002 -------- --------- --------- Net loss $ (168.9) $(3,462.0) $(3,110.2) Discontinued operations (income) loss, net of tax (82.9) 442.2 39.4 Income tax (benefit) expense (0.3) 532.1 (449.0) -------- -------- --------- Loss from continuing operations before income tax (benefit) expense $ (252.1) $(2,487.7) $(3,519.8) Add back: fixed charges 171.0 236.2 272.4 -------- --------- --------- Earnings before fixed charges (81.1) (2,251.5) (3,247.4) ======== ========= ========= Fixed Charges: Interest portion of rental expense $ 26.8 $ 29.1 $ 33.6 Interest expense 144.2 207.1 238.8 -------- --------- --------- $ 171.0 $ 236.2 $ 272.4 ======== ========= ========= Ratio of earnings to fixed charges -------- --------- --------- Deficiency of earnings to fixed charges $ (252.1) $(2,487.7) $(3,519.8) ======== ========= =========