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EXHIBIT 12.1
AMKOR TECHNOLOGY, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN THOUSANDS EXCEPT RATIO DATA)
<TABLE>
<CAPTION>
YEAR ENDED DECEMBER 31, NINE MONTHS ENDED
----------------------------------------------------------- SEPTEMBER 30,
1995 1996 1997 1998 1999 2000
--------- --------- --------- --------- --------- ---------
<S> <C> <C> <C> <C> <C> <C>
Earnings
Income before income taxes and equity in
income (loss) of investees .......... $ 67,023 $ 43,012 $ 61,006 $ 100,735 $ 105,288 $ 147,908
Interest expense ....................... 17,319 27,716 37,993 25,860 61,803 88,688
Amortization of debt issuance costs .... -- -- -- 1,217 3,466 4,814
Interest portion of rent ............... 1,218 1,822 2,236 2,584 3,481 2,070
Less (earnings) loss of affiliates ..... 95 (661) (512) -- 2,622 --
--------- --------- --------- --------- --------- ---------
$ 85,655 $ 71,889 $ 100,723 $ 130,396 $ 176,660 $ 243,480
========= ========= ========= ========= ========= =========
Fixed Charges
Interest expense ....................... 17,319 27,716 37,993 25,860 61,803 88,688
Amortization of debt issuance costs .... -- -- -- 1,217 3,466 4,814
Interest portion of rent ............... 1,218 1,822 2,236 2,584 3,481 2,070
--------- --------- --------- --------- --------- ---------
$ 18,537 $ 29,538 $ 40,229 $ 29,661 $ 68,750 $ 95,572
========= ========= ========= ========= ========= =========
Ratio of earnings to fixed charges ........ 4.6x 2.4x 2.5x 4.4x 2.6x 2.5x
========= ========= ========= ========= ========= =========
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