EX-12 4 a2214768zex-12.htm EX-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,
 
 
  2008   2009   2010   2011   2012   2012   2013  

Earnings:

                                           

Income from Continuing Operations before Provision for Income Taxes

  $ 240,766   $ 345,279   $ 334,222   $ 352,900   $ 298,366   $ 86,333   $ 56,921  

Add: Fixed Charges

    309,991     292,860     284,052     286,241     326,261     78,731     83,216  
                               

  $ 550,757   $ 638,139   $ 618,274   $ 639,141   $ 624,627   $ 165,064   $ 140,137  
                               

Fixed Charges:

                                           

Interest Expense, Net

  $ 219,989   $ 212,545   $ 204,559   $ 205,256   $ 242,599   $ 58,784   $ 63,182  

Interest Portion of Rent Expense

    90,002     80,315     79,493     80,985     83,662     19,947     20,034  
                               

  $ 309,991   $ 292,860   $ 284,052   $ 286,241   $ 326,261   $ 78,731   $ 83,216  
                               

Ratio of Earnings to Fixed Charges

    1.8x     2.2x     2.2x     2.2x     1.9x     2.1x     1.7x  



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