EX-12.01 2 g11819exv12w01.htm EXHIBIT 12.01 Exhibit 12.01
 

EXHIBIT 12.01
MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Year Ended December 31, 2007
         
(add 000, except ratio)
        
 
        
EARNINGS:
        
 
        
Earnings before income taxes
  $ 378,580  
(Earnings) of less than 50%-owned associated companies, net
    (2,748 )
Interest Expense*
    60,893  
Portion of rents representative of an interest factor
    22,244  
 
       
 
        
Adjusted Earnings and Fixed Charges
  $ 458,969  
 
        
FIXED CHARGES:
        
 
        
Interest Expense*
  $ 60,893  
Capitalized Interest
    3,873  
Portion of rents representative of an interest factor
    22,244  
 
       
 
        
Total Fixed Charges
  $ 87,010  
 
        
Ratio of Earnings to Fixed Charges
    5.27  
*Interest Expense excluded interest expense of $12 related to liabilities accrued under Financial Accounting Standards Board Interpretation Number 48, Accounting for Uncertainty in Income Taxes, An Interpretation of FAS 109.