EX-12.1 6 a07-4581_1ex12d1.htm EX-12.1

EXHIBIT 12.1

KEMET Corporation

Statement Re: Computation of Ratio of Earnings to Fixed Charges

(Dollars in Thousands)

 

 

Nine Months

 

 

 

 

 

Ended

 

 

 

 

 

December 31,

 

Fiscal Years Ended March 31

 

 

 

2006

 

2006

 

2005

 

2004

 

2003

 

2002

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income before income taxes

 

8,362

 

(12,100

)

(172,209

)

(158,328

)

(87,894

)

(40,730

)

Interest expense, excluding interest on deposits

 

4,812

 

6,643

 

6,566

 

6,520

 

6,456

 

5,905

 

Estimated interest component of net rental expense

 

600

 

1,145

 

1,247

 

954

 

839

 

1,803

 

Earnings

 

13,774

 

(4,312

)

(164,396

)

(150,854

)

(80,599

)

(33,022

)

Interest expense, excluding interest on deposits

 

4,812

 

6,643

 

6,566

 

6,520

 

6,456

 

5,905

 

Estimated interest component of net rental expense

 

600

 

1,145

 

1,247

 

954

 

839

 

1,803

 

Fixed charges

 

5,412

 

7,788

 

7,813

 

7,474

 

7,295

 

7,708

 

Consolidated Ratio of Earnings to Fixed Charges (excluding interest on deposits)

 

2.55

 

(0.55

)

(21.04

)

(20.18

)

(11.05

)

(4.28

)