EX-12.1 4 fixedchargecalc.htm FIXED CHARGE CALCULATION fixedchargecalc.htm
 
 
 
Exhibit 12.1

 
Compass Minerals International, Inc.
  
Computation of Ratios of Earnings to Fixed Charges
  
(in millions)
  
                   
                   
Year ended December 31,
  
2009
    
2008
    
2007
  
Earnings:
                  
  Net earnings before income taxes
   $ 237.1     $ 227.0     $ 80.1  
  Less: capitalized interest
     (1.3 )     (0.7 )     (0.4 )
  Plus: fixed charges
     29.2       46.4       60.5  
    $ 265.0     $ 272.7     $ 140.2  
                         
Fixed Charges:
                        
  Interest charges
   $ 25.8     $ 41.6     $ 54.6  
  Capitalized interest
     1.3       0.7       0.4  
  Plus interest factor in operating rent expense
     2.1       4.1       5.5  
    $ 29.2     $ 46.4     $ 60.5  
                         
Ratio of earning to fixed charges
     9.08  x     5.88  x     2.32  x