EX-12.2 4 exhibit12-2.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exhibit12-2.htm
 

 
EXHIBIT 12.2
 
   
AK STEEL HOLDING CORPORATION
 
RATIO OF EARNINGS TO FIXED CHARGES
 
(dollars in millions)
 
                               
   
2008
   
2007
   
2006
   
2005
   
2004
 
Combined fixed charges:
                             
Capitalized interest credit
    4.4       3.6       3.3       5.4       2.7  
Interest factor in rent expense
    3.3       3.7       2.8       2.3       2.4  
Other interest and fixed charges
    48.9       69.3       89.1       86.8       110.1  
Total combined fixed charges
  $ 56.6     $ 76.6     $ 95.2     $ 94.5     $ 115.2  
                                         
Earnings-pretax income (loss) with applicable adjustments
  $ 54.8     $ 673.8     $ 97.9     $ 135.9     $ (71.3 )
                                         
Ration of earnings to fixed charges
 
NM*
      8.8       1.0       1.4    
NM*
 
                                         

* In 2008 and 2004, earnings were less than fixed charges by $1.8 and $186.5, respectively.