EX-12.1 6 d531236dex121.htm EX-12.1 EX-12.1

Exhibit 12.1

Allegheny Technologies Incorporated

Computation of Ratio of Earnings to Fixed Charges

(Dollars in millions)

(Unaudited)

 

     Three  
     Months  
     Ended  
     3/31/2013  

Income before income tax provision and cumulative effect of change in accounting principle

   $ 15.3  

(Income) loss recognized on less than fifty percent owned persons

     8.6  

Noncontrolling interest in the income of subsidiary with fixed charges

     (1.6
  

 

 

 
   $ 22.3  

Fixed Charges:

  

Interest expense

   $ 13.8  

Portion of rents deemed to be interest

     1.9  

Capitalized interest

     9.6  

Amortization of debt expense

     0.9  
  

 

 

 

Fixed charges excluding capitalized interest

     26.2  

Earnings adjustments:

  

Capitalized interest

     (9.6
  

 

 

 

Earnings, as adjusted

   $ 38.9  
  

 

 

 

Ratio of earnings to fixed charges

     1.5