EX-12.01 5 d654417dex1201.htm EX-12.01 EX-12.01

EXHIBIT 12.01

MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

For the Year Ended December 31, 2013

(add 000, except ratio)

 

EARNINGS:

   

Earnings before income taxes*

    $ 166,131   

Loss from less than 50%-owned associated companies, net

      241   

Interest expense**

      53,467   

Portion of rents representative of an interest factor

      12,944   
  

 

 

  

Adjusted Earnings and Fixed Charges

    $ 232,783   

FIXED CHARGES:

   

Interest expense**

    $ 53,467   

Capitalized interest

      1,792   

Portion of rents representative of an interest factor

      12,944   
  

 

 

  

Total Fixed Charges

    $ 68,203   

Ratio of Earnings to Fixed Charges

      3.41   

 

* Represents earnings from continuing operations less net earnings attributable to noncontrolling interests.
** Interest expense excluded $1,446 accrued for the interest expense component associated with uncertain tax provisions.