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Filing tables
Filing exhibits
- S-4 Registration of securities issued in business combination transactions
- 3.1 Exhibit 3.1
- 3.2 Exhibit 3.2
- 3.3 Exhibit 3.3
- 3.4 Exhibit 3.4
- 3.5 Exhibit 3.5
- 3.6 Exhibit 3.6
- 3.7 Exhibit 3.7
- 3.8 Exhibit 3.8
- 3.9 Exhibit 3.9
- 3.10 Exhibit 3.10
- 3.11 Exhibit 3.11
- 3.12 Exhibit 3.12
- 3.13 Exhibit 3.13
- 3.14 Exhibit 3.14
- 3.15 Exhibit 3.15
- 3.16 Exhibit 3.16
- 3.17 Exhibit 3.17
- 3.18 Exhibit 3.18
- 3.19 Exhibit 3.19
- 3.20 Exhibit 3.20
- 4.3 Exhibit 4.3
- 5.1 Exhibit 5.1
- 10.10.1 Exhibit 10.10.1
- 12.1 Exhibit 12.1
- 21.1 Exhibit 21.1
- 23.1 Exhibit 23.1
- 23.2 Exhibit 23.2
- 23.3 Exhibit 23.3
- 25.1 Exhibit 25.1
- 99.1 Exhibit 99.1
- 99.2 Exhibit 99.2
- 99.3 Exhibit 99.3
- 99.4 Exhibit 99.4
- 99.5 Exhibit 99.5
PBF Holding similar filings
- 8 Sep 17 Registration of securities issued in business combination transactions
- 15 Nov 16 Registration of securities issued in business combination transactions
- 12 Feb 13 Registration of securities issued in business combination transactions (amended)
- 14 Jan 13 Registration of securities issued in business combination transactions
Filing view
External links
Exhibit 12.1
CALCULATION OF RATIOS OF EARNINGS TO FIXED CHARGES
The following table sets forth our ratios of earnings to fixed charges for the periods presented(amounts in thousands).
Year ended December 31, | Nine Months Ended September 30, 2012 | |||||||||||||||||||
2008 | 2009 | 2010 | 2011 | |||||||||||||||||
Earnings: | ||||||||||||||||||||
Earnings before income taxes | $ | (6,064 | ) | $ | (6,100 | ) | $ | (44,357 | ) | $ | 242,671 | $ | 539,774 | |||||||
add: | ||||||||||||||||||||
Fixed Charges | 45 | 74 | 1,777 | 88,278 | 100,883 | |||||||||||||||
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Adjusted Earnings | $ | (6,019 | ) | $ | (6,026 | ) | $ | (42,580 | ) | $ | 330,949 | $ | 640,657 | |||||||
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Fixed Charges: | ||||||||||||||||||||
Interest Expense (includes capitalized interest) | — | — | 1,354 | 88,484 | 87,698 | |||||||||||||||
Amortization of debt discount and deferred financing costs | — | — | 67 | 3,174 | 8,115 | |||||||||||||||
Estimate of interest within rental expense (a) | 45 | 74 | 356 | 9,647 | 9,454 | |||||||||||||||
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Fixed Charges | $ | 45 | $ | 74 | $ | 1,777 | $ | 101,305 | $ | 105,267 | ||||||||||
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Ratio of Earnings to Fixed Charges | — | — | — | 3.3 | x | 6.1 | x | |||||||||||||
Coverage deficiency (b) | $ | 6,019 | $ | 6,026 | $ | 42,580 | — | — |
(a) | Interest component of rental expense is estimated to equal one-third of expense, which is considered a reasonable approximation of the interest factor. |
(b) | The earnings for the years ended December 31, 2008, 2009 and 2010 were inadequate to cover fixed charges. |