EX-12.1 6 file005.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12.1 REVLON CONSUMER PRODUCTS CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (dollars in millions)
YEAR ENDED DECEMBER 31, ----------- -- ----------- -- ------------ -- ------------ - ------------- 1997 1998 1999 2000 2001 ----------- ----------- ------------ ------------ ------------- (Loss) income from continuing operations before income taxes............................. $ 67.1 $ (20.8) $ (360.6) $ (119.4) $ (144.6) Interest expense............................... 133.7 137.9 147.9 144.5 140.5 Amortization of debt issuance costs............ 6.6 5.1 4.3 5.6 6.2 Portion of rental expense deemed to represent interest............................... 15.2 14.4 14.1 10.9 9.6 ----------- ----------- ------------ ------------ ------------- Earnings (loss) before fixed charges........... $ 222.6 $ 136.6 $ (194.3) $ 41.6 $ 11.7 =========== =========== ============ ============ ============= Interest expense............................... $ 133.7 $ 137.9 $ 147.9 $ 144.5 $ 140.5 Amortization of debt issuance costs............ 6.6 5.1 4.3 5.6 6.2 Portion of rental expense deemed to represent interest............................... 15.2 14.4 14.1 10.9 9.6 ----------- ----------- ------------ ------------ ------------- Fixed charges.................................. $ 155.5 $ 157.4 $ 166.3 $ 161.0 $ 156.3 =========== =========== ============ ============ ============= Ratio of earnings to fixed charges............. 1.4x 0.9x - 0.3x 0.1x =========== =========== ============ ============ ============= Deficiency of earnings to fixed charges........ $ - $ 20.8 $ 360.6 $ 119.4 $ 144.6 =========== =========== ============ ============ =============