EX-12.01 2 g25580exv12w01.htm EX-12.01 exv12w01
For the fiscal year ended December 31, 2010
EXHIBIT 12.01
MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Year Ended December 31, 2010
(add 000, except ratio)
         
EARNINGS:
        
Earnings before income taxes
   $ 126,044 **
Loss from less than 50%-owned associated companies, net
     2,173  
Interest Expense*
     68,456  
Portion of rents representative of an interest factor
     19,218  
 
      
 
        
Adjusted Earnings and Fixed Charges
   $ 215,891  
 
        
FIXED CHARGES:
        
 
        
Interest Expense*
   $ 68,456  
Capitalized Interest
     2,129  
Portion of rents representative of an interest factor
     19,218  
 
      
 
        
Total Fixed Charges
   $ 89,803  
 
        
Ratio of Earnings to Fixed Charges
     2.40  
 
*   Interest Expense excluded $1,327 accrued for the interest component associated with uncertain tax positions.
 
**   Note: Use Earnings from Continuing Operations less net earnings attributable to noncontrolling interests.

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