EX-12.1 4 y59113exv12w1.htm EX-12.1: STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EX-12.1
Exhibit 12.1
HUBBELL INCORPORATED
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions)
                                                         
    Three Months    
    Ended    
    March 31,   Year Ended December 31,
    2008   2007   2007   2006   2005   2004   2003
Computation of Earnings:
                                                        
Earnings
     69.6       59.3       284.2       221.5       215.7       197.3       155.5  
Fixed Charges
     6.7       5.7       22.9       20.3       23.7       24.9       25.0  
Total Earnings
     76.3       65.0       307.1       241.8       239.4       222.2       180.5  
Computation of Fixed Charges:
                                                        
Interest Expense
     5.3       4.4       17.7       15.4       19.4       20.7       20.5  
Interest Portion of Rent Expense
     1.4       1.3       5.2       4.9       4.4       4.2       4.4  
Total Fixed Charges
     6.7       5.7       22.9       20.3       23.7       24.9       25.0  
Ratio of Earnings to Fixed Charges
     11.4 x     11.4 x     13.4 x     11.9 x     10.1 x     8.9 x     7.2 x
     For purposes of calculating the above ratios, “earnings” consist of income from continuing operations before income taxes and fixed charges. “Fixed charges” consist of interest expense (which includes interest on indebtedness and amortization of debt expense) and the portion of rents that Hubbell believes to be representative of the interest factor (one-third of rental expense).