Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - PROFESSIONAL VETERINARY PRODUCTS LTD /NE/ | c54309e10vk.htm |
| EX-11 - EX-11 - PROFESSIONAL VETERINARY PRODUCTS LTD /NE/ | c54309exv11.htm |
| EX-32 - EX-32 - PROFESSIONAL VETERINARY PRODUCTS LTD /NE/ | c54309exv32.htm |
| EX-31.1.A - EX-31.1.A - PROFESSIONAL VETERINARY PRODUCTS LTD /NE/ | c54309exv31w1wa.htm |
| EX-31.1.B - EX-31.1.B - PROFESSIONAL VETERINARY PRODUCTS LTD /NE/ | c54309exv31w1wb.htm |
Exhibit 12
PROFESSIONAL VETERINARY PRODUCTS, LTD.
Computation of Ratio of Earnings to Fixed Charges
For the Five Years Ended July 31, 2009
(in thousands, except per share data)
For the Five Years Ended July 31, 2009
(in thousands, except per share data)
| July 31, | July 31, | July 31, | July 31, | July 31, | ||||||||||||||||
| 2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Income before income taxes |
$ | 4,028 | $ | 3,890 | $ | 3,859 | $ | 2,230 | $ | 7,143 | ||||||||||
Plus interest expense |
$ | 1,233 | $ | 1,689 | $ | 1,936 | $ | 1,379 | $ | 1,096 | ||||||||||
Earnings available for
fixed charges |
$ | 5,261 | $ | 5,579 | $ | 5,795 | $ | 3,609 | $ | 8,239 | ||||||||||
Interest expense |
$ | 1,233 | $ | 1,689 | $ | 1,936 | $ | 1,379 | $ | 1,096 | ||||||||||
Ratio of earnings to
fixed charges |
4.27 | x | 3.30 | x | 2.99 | x | 2.62 | x | 7.52 | x | ||||||||||