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As Of Filer Filing For·On·As Docs:Size 7/12/16 Platform Specialty Products Corp S-3 8:1.0M |
Document/Exhibit Description Pages Size 1: S-3 Shelf Registration Statement HTML 200K 2: EX-4.3 Form of Indenture HTML 237K 3: EX-5.1 Legal Opinion HTML 19K 4: EX-12.1 Ratio of Earnings to Fixed Charges HTML 61K 5: EX-23.1 Pwc Consent HTML 6K 6: EX-23.2 Kpmg Consent HTML 7K 7: EX-23.3 Kpmg Consent HTML 6K 8: EX-23.4 E&Y Consent HTML 7K
| Exhibit |
Computation
of Ratio of Earnings to Fixed Charges | ||||||||||||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||||||||
Three
Months Ended March 31, | Years Ended December 31, | Period from Inception (April 23, 2013) through December 31, | January 1, 2013 through October 31, | Years Ended | ||||||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||
(successor) | (successor) | (successor) | (successor) | (predecessor) | (predecessor) | (predecessor) | ||||||||||||||||||||||||
Earnings | ||||||||||||||||||||||||||||||
(Loss)
Income before Income Taxes, Non-Controlling Interests, Dividends on Preferred Shares and Accrued Payment-In-Kind Dividends on Cumulative Preferred Shares | $ | (116.0 | ) | $ | (229.3 | ) | $ | (30.9 | ) | $ | (201.4 | ) | $ | 26.5 | $ | 71.0 | $ | 11.3 | ||||||||||||
add:
Fixed Charges | 99.6 | 230.1 | 42.4 | 6.0 | 49.3 | 52.9 | 58.0 | |||||||||||||||||||||||
Earnings
available for payment of fixed charges | $ | (16.4 | ) | $ | 0.8 | $ | 11.5 | $ | (195.4 | ) | $ | 75.8 | $ | 123.9 | $ | 69.3 | ||||||||||||||
Fixed
Charges | ||||||||||||||||||||||||||||||
Interest
Expense | $ | 89.6 | $ | 210.7 | $ | 36.1 | $ | 5.2 | $ | 43.4 | $ | 45.6 | $ | 50.3 | ||||||||||||||||
(1) | Estimation
of Interest Component of Rental Expense (1/3 of rentals) | 3.0 | 7.6 | 3.7 | 0.5 | 3.0 | 3.2 | 3.4 | ||||||||||||||||||||||
Amortization
of Premiums, Discounts and Deferred Financing Fees | 7.0 | 11.8 | 2.6 | 0.3 | 2.9 | 4.1 | 4.3 | |||||||||||||||||||||||
Total
fixed charges | $ | 99.6 | $ | 230.1 | $ | 42.4 | $ | 6.0 | $ | 49.3 | $ | 52.9 | $ | 58.0 | ||||||||||||||||
(2) | Ratio
of Earnings to Fixed Charges | — | — | — | — | 1.5 | 2.3 | 1.2 | ||||||||||||||||||||||
(1) | Fixed
charges include an estimation of the portion of rental expense that management believes is representative of the interest component. | |||||||||||||||||||||||||||||
(2) | The ratio of earnings to fixed charges is not presented for the years that the ratio is less than 1:1. The deficiency of earnings was $116.0 million for the three months ended March 31, 2016 and $229.3 million, $30.9 million and $201.4 million for the years ended December 31, 2015, 2014 and the Period from Inception through December 31, 2013, respectively. | |||||||||||||||||||||||||||||
* | Interest
on liabilities for uncertain tax positions is recorded as a component of income tax expense and is therefore excluded from the determination of fixed charges. | |||||||||||||||||||||||||||||
Computation
of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends | ||||||||||||||||||||||||||||||
(in millions, except ratios) | ||||||||||||||||||||||||||||||
Three
Months Ended March 31, | Years Ended December 31, | Period from Inception (April 23, 2013) through December 31, | January 1, 2013 through October 31, | Years Ended | ||||||||||||||||||||||||||
2016 | 2015 | 2014 | 2013 | 2013 | 2012 | 2011 | ||||||||||||||||||||||||
(successor) | (successor) | (successor) | (successor) | (predecessor) | (predecessor) | (predecessor) | ||||||||||||||||||||||||
Earnings | ||||||||||||||||||||||||||||||
(Loss)
Income before Income Taxes, Non-Controlling Interests, Dividends on Preferred Shares and Accrued Payment-In-Kind Dividends on Cumulative Preferred Shares | $ | (116.0 | ) | $ | (229.3 | ) | $ | (30.9 | ) | $ | (201.4 | ) | $ | 26.5 | $ | 71.0 | $ | 11.3 | ||||||||||||
add:
Fixed Charges | 99.6 | 230.1 | 42.4 | 6.0 | 49.3 | 52.9 | 58.0 | |||||||||||||||||||||||
Earnings
available for payment of fixed charges | $ | (16.4 | ) | $ | 0.8 | $ | 11.5 | $ | (195.4 | ) | $ | 75.8 | $ | 123.9 | $ | 69.3 | ||||||||||||||
Fixed
Charges | ||||||||||||||||||||||||||||||
Interest
Expense | $ | 89.6 | $ | 210.7 | $ | 36.1 | $ | 5.2 | $ | 43.4 | $ | 45.6 | $ | 50.3 | ||||||||||||||||
(3) | Estimation
of Interest Component of Rental Expense (1/3 of rentals) | 3.0 | 7.6 | 3.7 | 0.5 | 3.0 | 3.2 | 3.4 | ||||||||||||||||||||||
Amortization
of Premiums, Discounts and Deferred Financing Fees | 7.0 | 11.8 | 2.6 | 0.3 | 2.9 | 4.1 | 4.3 | |||||||||||||||||||||||
Total
fixed charges | $ | 99.6 | $ | 230.1 | $ | 42.4 | $ | 6.0 | $ | 49.3 | $ | 52.9 | $ | 58.0 | ||||||||||||||||
(4) | Ratio
of Earnings to Combined Fixed Charges and Preferred Stock Dividends | — | — | — | — | 1.5 | 2.3 | 1.2 | ||||||||||||||||||||||
(3) | Fixed
charges include an estimation of the portion of rental expense that management believes is representative of the interest component. | |||||||||||||||||||||||||||||
(4) | The ratio of earnings to combined fixed charges and preferred stock dividends is not presented for the years that the ratio is less than 1:1. The deficiency of earnings was $116.0 million for the three months ended March 31, 2016 and $229.3 million, $30.9 million and $201.4 million for the years ended December 31, 2015, 2014 and the Period from Inception through December 31, 2013, respectively. | |||||||||||||||||||||||||||||
* | Interest
on liabilities for uncertain tax positions is recorded as a component of income tax expense and is therefore excluded from the determination of fixed charges. | |||||||||||||||||||||||||||||
| This ‘S-3’ Filing | Date | Other Filings | ||
|---|---|---|---|---|
 | ||||
| 12/31/16 | ||||
| Filed on: | 7/12/16 | 8-K | ||
| 3/31/16 | 10-Q | |||
| 12/31/15 | 10-K, 11-K, DEF 14A, NT 10-K, SD | |||
| 12/31/14 | 10-K, 11-K, 4, 5, 8-K, SD | |||
| 12/31/13 | 10-K | |||
| 4/23/13 | ||||
| 1/1/13 | ||||
| List all Filings | ||||
As Of Filer Filing For·On·As Docs:Size Issuer Filing Agent 7/19/16 SEC UPLOAD¶ 9/20/17 1:152K Element Solutions Inc. |