EX-12 15 file15.htm RATIO OF EARNINGS TO FIXED CHARGES

Table of Contents

Exhibit 12

L-3 Communications Holdings, Inc.
and L-3 Communications Corporation
Ratio of Earnings to Fixed Charges


  Year Ended December 31,
  2007 2006 2005 2004 2003
Earnings: (in millions, except ratio of earnings to fixed charges)
Income before income taxes $ 1,174.1 $ 824.6 $ 788.3 $ 596.7 $ 433.8
Add:          
Interest expense 285.4 285.8 199.0 138.1 124.7
Amortization of debt expense 10.6 10.3 5.2 7.2 8.0
Interest component of rent expense 55.5 53.6 40.4 26.8 24.4
Earnings $ 1,525.6 $ 1,174.3 $ 1,032.9 $ 768.8 $ 590.9
Fixed charges:          
Interest expense 285.4 285.9 199.0 138.1 124.7
Amortization of debt expense 10.6 10.2 5.2 7.2 8.0
Interest component of rent expense 55.5 53.6 40.4 26.8 24.4
Fixed charges $ 351.5 $ 349.7 $ 244.6 $ 172.1 $ 157.1
Ratio of earnings to fixed charges 4.3 x  3.4 x  4.2 x  4.5 x  3.8 x