Attached files
| file | filename |
|---|---|
| 10-K - 10-K - TORO CO | a2195867z10-k.htm |
| EX-23 - EXHIBIT 23 - TORO CO | a2195867zex-23.htm |
| EX-32 - EXHIBIT 32 - TORO CO | a2195867zex-32.htm |
| EX-21 - EXHIBIT 21 - TORO CO | a2195867zex-21.htm |
| EX-31.1 - EXHIBIT 31.1 - TORO CO | a2195867zex-31_1.htm |
| EX-31.2 - EXHIBIT 31.2 - TORO CO | a2195867zex-31_2.htm |
| EX-10.16 - EXHIBIT 10.16 - TORO CO | a2195867zex-10_16.htm |
EXHIBIT 12
THE TORO COMPANY AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Not Covered by Independent Auditors’ Report)
|
|
|
10/31/09 |
|
10/31/2008 |
|
10/31/2007 |
|
10/31/2006 |
|
10/31/2005 |
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|||||
|
Earnings before income taxes |
|
$ |
95,788,000 |
|
$ |
181,289,000 |
|
$ |
213,227,000 |
|
$ |
192,754,000 |
|
$ |
170,272,000 |
|
|
Plus: Fixed charges |
|
24,280,076 |
|
26,141,532 |
|
26,003,000 |
|
24,154,000 |
|
24,298,000 |
|
|||||
|
Earnings available to cover fixed charges |
|
$ |
120,068,076 |
|
$ |
207,430,532 |
|
$ |
239,230,000 |
|
$ |
216,908,000 |
|
$ |
194,570,000 |
|
|
Ratio of earnings to fixed charges |
|
4.95 |
|
7.93 |
|
9.20 |
|
8.98 |
|
8.01 |
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|||||
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|
|
|
|
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|
|
|
|
|
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|||||
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Interest expense |
|
$ |
17,578,000 |
|
$ |
19,333,000 |
|
$ |
19,445,000 |
|
$ |
17,672,000 |
|
$ |
17,733,000 |
|
|
Rentals (interest expense) |
|
6,702,076 |
|
6,808,532 |
|
6,558,000 |
|
6,482,000 |
|
6,565,000 |
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|||||
|
Total fixed charges |
|
$ |
24,280,076 |
|
$ |
26,141,532 |
|
$ |
26,003,000 |
|
$ |
24,154,000 |
|
$ |
24,298,000 |
|