EX-12.0 2 h33447exv12w0.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES exv12w0
 

Exhibit 12.0
COOPER INDUSTRIES, LTD.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollar Amounts in Thousands)
(Unaudited)
                                         
    Year Ended December 31,  
    2005     2004     2003     2002     2001  
Interest Expense
   $ 64,800     $ 68,100     $ 74,100     $ 74,500     $ 84,700  
Capitalized Interest
     —       —       —       —       1,462  
Estimated Interest Portion of Rent Expense
     10,583       11,666       12,183       14,679       13,369  
 
                              
Fixed Charges
   $ 75,383     $ 79,766     $ 86,283     $ 89,179     $ 99,531  
 
                              
Income from Continuing Operations Before Income Taxes
   $ 495,000     $ 428,500     $ 346,500     $ 280,200     $ 316,400  
Add: Fixed Charges
     75,383       79,766       86,283       89,179       98,069  
Less: Equity in Earnings of 50% or Less Owned Companies
     (1,328 )     (2,903 )     (2,534 )     (2,969 )     (2,922 )
 
                              
Earnings Before Fixed Charges
   $ 569,055     $ 505,363     $ 430,249     $ 366,410     $ 411,547  
 
                              
Ratio of Earnings to Fixed Charges
     7.5 x     6.3 x     5.0 x     4.1 x     4.1 x