EX-12 3 dex12.htm STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratios of Earnings to Fixed Charges

Exhibit: 12

FMC CORPORATION

STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 

     Three Months Ended
March 31,
 
(in Millions, Except Ratios)    2008     2007  

Earnings:

    

Income from continuing operations before income taxes

   $ 142.5     $ 75.4  

Minority interests

     2.9       1.9  

Undistributed (earnings) of affiliates

     (0.3 )     (0.8 )

Interest expense and amortization of debt discount, fees and expenses

     8.9       9.2  

Amortization of capitalized interest

     1.0       1.0  

Interest included in rental expense

     1.3       1.2  
                

Total earnings

   $ 156.3     $ 87.9  
                

Fixed charges:

    

Interest expense and amortization of debt discount, fees and expenses

   $ 8.9     $ 9.2  

Interest capitalized as part of fixed assets

     1.2       0.9  

Interest included in rental expense

     1.3       1.2  
                

Total fixed charges

   $ 11.4     $ 11.3  
                

Ratio of earnings to fixed charges

     13.7       7.8