EX-12.1 5 ex12_1.htm EXHIBIT 12.1 ex12_1.htm

Exhibit 12.1
 
Compass Minerals International, Inc.
Computation of Ratios of Earnings to Fixed Charges
(in millions)

 
Year ended December 31,
 
2010
   
2009
   
2008
 
Earnings:
                 
Net earnings before income taxes
  $ 195.2     $ 237.1     $ 227.0  
Less: capitalized interest
    (1.3 )     (1.3 )     (0.7 )
Plus: fixed charges
    26.9       29.2       46.4  
    $ 220.8     $ 265.0     $ 272.7  
                         
Fixed Charges:
                       
Interest charges
  $ 22.7     $ 25.8     $ 41.6  
Capitalized interest
    1.3       1.3       0.7  
Plus interest factor in operating rent expense
    2.9       2.1       4.1  
    $ 26.9     $ 29.2     $ 46.4  
                         
Ratio of earning to fixed charges
    8.21  x     9.08  x     5.88  x