EX-12 6 a2183111zex-12.htm EXHIBIT 12
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Exhibit 12

IRON MOUNTAIN INCORPORATED

STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

 
   Year Ended December 31,
  
 
   2003
   2004
   2005
   2006
   2007
  
Earnings:                                
 
Income from Continuing Operations before Provision for Income Taxes and Minority Interest
 
$
156,989
 
$
166,735
 
$
197,018
 
$
224,218
 
$
223,024
 
  Add: Fixed Charges     195,258     240,270     245,431     264,211     308,871  
   
 
 
 
 
 
    $ 352,247   $ 407,005   $ 442,449   $ 488,429   $ 531,895  
   
 
 
 
 
 

Fixed Charges:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
  Interest Expense, Net   $ 150,468   $ 185,749   $ 183,584   $ 194,958   $ 228,593  
  Interest Portion of Rent Expense     44,790     54,521     61,847     69,253     80,278  
   
 
 
 
 
 
    $ 195,258   $ 240,270   $ 245,431   $ 264,211   $ 308,871  
   
 
 
 
 
 
Ratio of Earnings to Fixed Charges     1.8 x   1.7 x   1.8 x   1.8 x   1.7 x



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