EX-12.1 5 amkr123113ex121.htm EX-12.1 AMKR 12.31.13 Ex 12.1


Exhibit 12.1
AMKOR TECHNOLOGY, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
Year Ended December 31,
 
2013
 
2012
 
2011
 
2010
 
2009
 
(In thousands)
Earnings
 

 
 

 
 

 
 

 
 

Income before taxes and equity in earnings of unconsolidated affiliate
$
123,987

 
$
54,111

 
$
93,134

 
$
244,724

 
$
124,150

Interest expense
103,027

 
94,280

 
82,869

 
96,340

 
110,747

Amortization of deferred debt issuance costs and premiums
2,880

 
3,663

 
3,737

 
4,505

 
4,649

Interest portion of rent (1)
7,947

 
4,386

 
5,020

 
5,450

 
5,879

 
$
237,841

 
$
156,440

 
$
184,760

 
$
351,019

 
$
245,425

Fixed Charges
 

 
 

 
 

 
 

 
 

Interest expense
$
103,027

 
$
94,280

 
$
82,869

 
$
96,340

 
$
110,747

Capitalized interest
1,740

 
—

 
—

 
—

 
—

Amortization of debt issuance costs and premiums
2,880

 
3,663

 
3,737

 
4,505

 
4,649

Interest portion of rent (1)
7,947

 
4,386

 
5,020

 
5,450

 
5,879

 
$
115,594

 
$
102,329

 
$
91,626

 
$
106,295

 
$
121,275

Ratio of earnings to fixed charges
2.1

 
1.5

 
2.0

 
3.3

 
2.0

(1)
Represents one-third of total rent expense which we believe is a reasonable estimate of the interest component of rent expense.