EX-12 2 a2185599zex-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,
  Three Months Ended March 31,
 
 
  2003
  2004
  2005
  2006
  2007
  2007
  2008
 
Earnings:                                            
  Income from Continuing Operations
    before Provision for Income Taxes
    and Minority Interest
  $ 156,989   $ 166,735   $ 197,018   $ 224,218   $ 223,024   $ 57,181   $ 52,346  
  Add: Fixed Charges     195,258     240,270     245,431     264,211     308,871     68,818     82,273  
   
 
 
 
 
 
 
 
    $ 352,247   $ 407,005   $ 442,449   $ 488,429   $ 531,895   $ 125,999   $ 134,619  
   
 
 
 
 
 
 
 

Fixed Charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
  Interest Expense, Net   $ 150,468   $ 185,749   $ 183,584   $ 194,958   $ 228,593   $ 50,335   $ 60,019  
  Interest Portion of Rent Expense     44,790     54,521     61,847     69,253     80,278     18,483     22,254  
   
 
 
 
 
 
 
 
    $ 195,258   $ 240,270   $ 245,431   $ 264,211   $ 308,871   $ 68,818   $ 82,273  
   
 
 
 
 
 
 
 
Ratio of Earnings to Fixed Charges     1.8 x   1.7 x   1.8 x   1.8 x   1.7 x   1.8 x   1.6 x



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IRON MOUNTAIN INCORPORATED STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands)