EX-12 6 a2218353zex-12.htm EX-12

EXHIBIT 12

 

IRON MOUNTAIN INCORPORATED

STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

 

 

 

Year Ended December 31,

 

 

 

2009

 

2010

 

2011

 

2012

 

2013

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Income from Continuing Operations before Provision for Income Taxes

 

$

345,279

 

$

334,222

 

$

352,900

 

$

298,366

 

$

163,018

 

Add: Fixed Charges

 

292,860

 

284,052

 

286,241

 

326,261

 

335,637

 

 

 

$

638,139

 

$

618,274

 

$

639,141

 

$

624,627

 

$

498,655

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

Interest Expense, Net

 

$

212,545

 

$

204,559

 

$

205,256

 

$

242,599

 

$

254,174

 

Interest Portion of Rent Expense

 

80,315

 

79,493

 

80,985

 

83,662

 

81,463

 

 

 

$

292,860

 

$

284,052

 

$

286,241

 

$

326,261

 

$

335,637

 

Ratio of Earnings to Fixed Charges

 

2.2

x

2.2

x

2.2

x

1.9

x

1.5

x

 

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