EX-12 3 a2207442zex-12.htm EX-12
QuickLinks -- Click here to rapidly navigate through this document


Exhibit 12


HARSCO CORPORATION
Computation of Ratios of Earnings to Fixed Charges

 
  YEARS ENDED DECEMBER 31  
(Dollars in thousands)
  2011(a)   2010(a)   2009(a)   2008(a)   2007(a)  

Pre-tax income from continuing operations attributable to Harsco stockholders(b)

  $ 40,401   $ 15,161   $ 152,347   $ 337,443   $ 372,713  

Add: Consolidated Fixed Charges computed below

    86,608     97,334     95,180     120,709     129,233  

Net adjustments for unconsolidated entities

    (464 )   (214 )   (94 )   (417 )   (868 )

Net adjustments for capitalized interest

    165     125     (572 )   (277 )   (723 )
                       

Consolidated Earnings Available for Fixed Charges

  $ 126,710   $ 112,406   $ 246,861   $ 457,458   $ 500,355  
                       

Consolidated Fixed Charges:

                               

Interest expense per financial statements(c)

  $ 48,735   $ 60,623   $ 62,746   $ 73,160   $ 81,383  

Interest expense capitalized

    250     254     947     552     1,035  

Portion of rentals (1/3rd) representing a reasonable approximation of the interest factor

    37,623     36,457     31,487     46,997     46,815  
                       

Consolidated Fixed Charges

  $ 86,608   $ 97,334   $ 95,180   $ 120,709   $ 129,233  
                       

Consolidated Ratio of Earnings to Fixed Charges

    1.46     1.15     2.59     3.79     3.87  
                       

(a)
Does not include interest related to uncertain tax position obligations.

(b)
On January 1, 2009, the Company adopted changes issued by the Financial Accounting Standards Board related to consolidation accounting and reporting. These changes, among others, required that minority interests be renamed noncontrolling interests and that a company presents a consolidated net income measure that includes the amount attributable to such noncontrolling interests for all periods presented. For the computation above, income attributable to noncontrolling interests have been excluded from pre-tax income.

(c)
Includes amortization of debt discount.



QuickLinks

HARSCO CORPORATION Computation of Ratios of Earnings to Fixed Charges