Attached files

file filename
EX-32 - 906 CERTIFICATIONS - BALL Corpex32.htm
EX-31 - 302 CERTIFICATIONS - BALL Corpex31.htm
EX-23 - CONSENT OF ACCOUNTING FIRM - BALL Corpex23.htm
EX-21 - SUBSIDIARY LIST - BALL Corpex21.htm
EX-24 - LIMITED POWER OF ATTORNEY - BALL Corpex24.htm
EX-18.3 - LETTER RE CHANGE IN ACCOUNTING PRINCIPLES - BALL Corpex18_3.htm
EX-3.II - BALL CORPORATION BYLAWS - BALL Corpex3_ii.htm
EX-10.13 - AMENDED AND RESTATED SEVERANCE AGMT - BALL Corpex10_13.htm
10-K - BALL CORPORATION MAIN 10-K DOCUMENT - BALL Corpf10-k_main.htm
EX-99.2 - SAFE HARBOR STATEMENT - BALL Corpex99_2.htm
Exhibit 12


Ball Corporation and Subsidiaries
Ratio of Earnings to Fixed Charges

 
                               
($ in millions)
 
2009
   
2008
   
2007
   
2006
   
2005
 
                               
Earnings before taxes
  $ 537.4     $ 452.8     $ 364.5     $ 446.9     $ 363.6  
Plus:
                                       
Interest expensed and capitalized (a)
    120.8       144.9       155.8       142.5       121.7  
Interest expense within rent
    26.0       27.8       28.3       27.7       25.6  
Amortization of capitalized interest
    4.4       4.8       3.1       2.9       2.9  
Distributed income of equity investees
          14.2       12.9       6.0       11.6  
Less:
                                       
Interest capitalized
    (3.6 )     (7.2 )     (6.4 )     (8.1 )     (5.3 )
                                         
Adjusted earnings
  $ 685.0     $ 637.3     $ 558.2     $ 634.1     $ 520.1  
                                         
Fixed charges (b)
    146.7       172.7       184.1       170.2       147.3  
                                         
Ratio of earnings to fixed charges
    4.7 x     3.7 x     3.0 x     3.6 x     3.5 x
 
 
(a)  
Amounts do not include interest for unrecognized tax benefits related to uncertain tax positions.
(b)  
Fixed charges include interest expensed and capitalized as well as interest expense within rent.
 
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