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EXHIBIT 12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES METALDYNE PERFORMANCE GROUP INC. |
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Year Ended December 31, |
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Successor Period |
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Predecessor Period |
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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2012 |
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(In millions) |
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Earnings Available for Fixed Charges: |
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Income (loss) before tax |
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$ |
135.3 |
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173.9 |
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54.2 |
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92.9 |
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(47.1 |
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(36.7 |
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Add: fixed charges included in earnings: |
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Interest expense |
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103.5 |
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107.5 |
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99.9 |
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74.7 |
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11.1 |
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25.8 |
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Interest element of rentals |
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0.8 |
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0.7 |
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0.8 |
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0.8 |
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— |
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0.4 |
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Total |
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104.3 |
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108.2 |
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100.7 |
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75.5 |
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11.1 |
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26.2 |
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Total earnings available for fixed charges |
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$ |
239.6 |
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282.1 |
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154.9 |
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168.4 |
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(36.0 |
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(10.5 |
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Fixed Charges: |
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Fixed charges included in earnings |
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$ |
104.3 |
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108.2 |
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100.7 |
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75.5 |
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11.1 |
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26.2 |
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Ratio of Earnings to Fixed Charges |
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2.3 |
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2.6 |
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1.5 |
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2.2 |
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(3.2 |
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(0.4 |
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Amount of Deficiency |
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Not applicable |
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Not applicable |
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Not applicable |
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Not applicable |
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47.1 |
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36.7 |
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