EX-12 6 ex12.htm

Exhibit 12

IRON MOUNTAIN INCORPORATED

STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

Year Ended December 31, Three Months Ended
March 31, 2006
 
2001   2002   2003   2004   2005  
Earnings:            
   (Loss) Income from Continuing Operations
   before Provision for Income Taxes and
   Minority Interest $(28,111) $114,519  $156,989  $166,735  $197,018  $   48,704 
     Add: Fixed Charges 177,032  178,587  195,258  240,270  245,431  63,333 






  $ 148,921  $293,106  $352,247  $407,005  $442,449  112,037 






Fixed Charges:
   Interest Expense, Net $ 134,742  $136,632  $150,468  $185,749  $183,584  $   46,578 
   Interest Portion of Rent Expense 42,290  41,955  44,790  54,521  61,847  16,755 






  $ 177,032  $178,587  $195,258  $240,270  $245,431  $   63,333 






Ratio of Earnings to Fixed Charges 0.8 x  1.6 x  1.8 x  1.7 x  1.8 x  1.8 x 
  (1)

(1)   We reported a loss from continuing operations before provision for income taxes and minority interest for the year ended December 31, 2001 and we would have needed to generate additional income from operations before provision for income taxes and minority interest of $28,111 to cover our fixed charges of $177,032.