EX-12.1 3 c24464exv12w1.htm EXHIBIT 12.1 Exhibit 12.1
Exhibit 12.1
NORANDA ALUMINUM HOLDING CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions)
                 
    Three months ended     Nine months ended  
    September 30, 2011     September 30, 2011  
    $     $  
Computation of earnings:
                
Income before income taxes
     37.5       166.4  
Plus: fixed charges
     5.8       18.0  
Less: capitalized interest
     (0.2 )     (0.6 )
 
            
Earnings
     43.1       183.8  
 
            
Computation of fixed charges:
                
Interest expense, net
     5.2       16.4  
Capitalized interest
     0.2       0.6  
Interest portion of operating lease expense
     0.4       1.0  
 
            
Fixed charges
     5.8       18.0  
 
            
Ratio of earnings to fixed charges
     7.4       10.2