CONEXANT SYSTEMS INC
10-Q, EX-12, 2000-08-08
SEMICONDUCTORS & RELATED DEVICES
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<PAGE>   1
                                                                      EXHIBIT 12


                             CONEXANT SYSTEMS, INC.

                       STATEMENT RE: COMPUTATION OF RATIOS

                        (UNAUDITED, DOLLARS IN THOUSANDS)




<TABLE>
<CAPTION>
                                          Nine months
                                         ended June 30,
                                             2000
                                         -------------
<S>                                      <C>
Earnings:
   Income before provision
     for income taxes                      $(63,096)
   Add: Fixed charges, net
     of capitalized interest                 28,247
                                           --------

                                           $(34,849)
                                           ========


Fixed charges:
   Interest expense                        $ 20,439
   Amortized debt issuance costs              3,750
   Capitalized interest                       1,324
   Interest portion of rental expense         4,058
                                           --------

                                           $ 29,571
                                           ========


Ratio of earnings to fixed charges               --(1)
                                           ========
</TABLE>


(1) For the nine months ended June 30, 2000, the Company had a deficiency of
earnings compared to its fixed charges of $64.4 million.


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