Zenith Electronics Corp – ‘S-4/A’ on 5/28/99 – ‘EX-12’

As of:  Friday, 5/28/99   ·   Accession #:  950131-99-3506   ·   File #:  333-61057

in

this entire Filing. an “Entity” Search.

Show

Documents searched

and

each “hit”. the 1st “hit”.

↓↑Hints

Pre-Effective Amendment to Registration of Securities Issued in a Business-Combination Transaction   —   Form S-4
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: S-4/A       Amendment #4 to Form S-4                             316   1.91M 
 2: EX-2.A      Plan of Reorganization                                26    146K 
 3: EX-12       Statement re: Computation of Ratios                    1      9K 
 4: EX-23.A     Consent of Independent Public Accountants              1      7K 
 8: EX-99.AC    Zenith Electronics Melrose Park Plant #25            232    890K 
 9: EX-99.AD    Zenith Electronics Matamoros Mexico                   77    358K 
10: EX-99.AE    Zenith Electronics                                    66    346K 
11: EX-99.AF    Zenith Electronics Microcircutis Plant                21     92K 
12: EX-99.AG    Zenith Electronics Franklin Park Plant                 9     33K 
13: EX-99.AH    Zenith Electronics Cuidad Juarez Mexico               99    421K 
14: EX-99.AI    Zenith Electronics Glenview Illinois Plant            79    395K 
 6: EX-99.J     Form of Letter to Securityholders                      3     19K 
 7: EX-99.T     Consent of Insignia                                    1      7K 
 5: EX-27.C     Financial Data Schedule (Pre-XBRL)                     2     10K 

EX-12   —   Statement re: Computation of Ratios

EX-12
TOC
↑Top
Previous
Next
↓Bottom
Just 1st
 
                                                                    EXHIBIT (12)

ZENITH ELECTRONICS CORPORATION                                                  
EXHIBIT 12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES                  

                                                        [Enlarge/Download Table]

                                             For the three                                                                
                                              months ended                                                                
                                             April 3, 1999   Pro Forma                   Year ended December 31,          
                                             -------------  ----------   -------------------------------------------------
                                                               1998      1998          1997      1996     1995      1994  
                                                                                                                          
Earnings                                                                                                                  
--------                                                                                                                  
  Pre-Tax Income/(Loss) from continuing       $ (25.1)        $(246.4)  $(272.5)    $(300.2)  $(177.6)  $(98.5)   $(14.8) 
  operations adjustment: Fixed Charges          (14.1)          (34.7)    (55.9)      (34.9)    (18.0)   (25.9)    (21.7) 
  less: Capitalized Interest                        -                -        -         4.1       2.3        -         -  
                                               ------          -------   -------     -------   -------   ------    ------ 
    Earnings - for ratio purposes             $ (11.0)        $(211.7)  $(216.6)    $(269.4)  $(162.1)  $(72.6)   $  6.9  

Fixed Charges                                                                                                             
-------------                                                                                                             
  Interest Expense                               11.4         $  24.1   $  44.3     $  25.5   $  15.1   $ 19.9    $ 15.9  
  Interest Capitalized                              -               -         -        (4.1)     (2.3)       -         -  
  Est'd interest equivalent in Rent expense       1.6             6.0       7.0         7.8       3.8      4.6       4.1  
  Est'd Amortization of debt expenses             1.1             4.6       4.6         5.7       1.4      1.4       1.7  
                                               ------         -------   -------     -------   -------   ------    ------  
  Total                                          14.1         $  34.7   $  55.9        34.9      18.0     25.9      21.7  

Ratio                                                                                                                     
-----                                                                                                                     
  Deficiency of earnings to cover                                                                                         
  fixed charges                               $  25.1        $  246.4   $ 272.5     $ 300.2   $ 177.8   $ 98.5    $ 14.8  

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘S-4/A’ Filing		Date		Other Filings
		6/1/99
Filed on:		5/28/99		SC 13E3/A
		4/3/99		10-Q
				List all Filings