EX-12 6 ex12_f10k.htm EXHIBIT 12 Exhibit 12 for Ball Corporation's Form 10K

Exhibit 12

Ball Corporation and Subsidiaries
Ratio of Earnings to Fixed Charges

($ in millions)
2004
2003
2002
2001
2000
Earnings (loss) before taxes     $ 435.2   $ 319.7   $ 230.2   $ (113. 7) $ 113.9  
Plus:  
   Interest expensed and capitalized    105.8    144.2    83.2    89.7    98.5  
   Interest expense within rent    24.8    22.6    17.1    21.7    25.4  
   Amortization of capitalized interest    1.8    1.9    2.0    2.3    2.0  
   Distributed income of equity investees    8.4    4.5    --    --    --  
Less:  
   Interest capitalized    (2.1 )  (3.1 )  (2.4 )  (1.4 )  (3.3 )





Adjusted earnings (loss)    573.9    489.8    330.1    (1.4 )  236.5  
Fixed charges (a)    130.6    166.8    100.3    111.4    123.9  
Ratio of earnings to fixed charges    4.4 x  2.9 x  3.3 x  0.0 x(b)  1.9 x






(a)     Fixed charges include interest expensed and capitalized as well as interest expense within rent.

(b)     During 2001 there was a deficiency of earnings to fixed charges of $112.8 million.