EX-99.1 6 f12164exv99w1.htm EXHIBIT 99.1 exv99w1
 

Exhibit 99.1
Earnings to Fixed Charges
The ratio of earnings to fixed charges for the nine months ended August 1, 2004 and July 31, 2005 and for each of the last five fiscal years, was as follows:
                                                 
                                    Nine Months Ended
Fiscal Year   August 1,   July 31,
2000   2001   2002   2003   2004   2004   2005
32.82x     11.80x       4.58x       (a )     23.32       22.36x       24.53x  
 
                                                
(a)   Due to Applied’s loss in fiscal 2003, the ratio of coverage was less than 1:1. Applied would have needed to generate additional earnings of $209 million to achieve the coverage ratio of 1:1.