Attached files
file | filename |
---|---|
10-K - FORM 10-K - TIMKEN CO | l38915e10vk.htm |
EX-32 - EX-32 - TIMKEN CO | l38915exv32.htm |
EX-24 - EX-24 - TIMKEN CO | l38915exv24.htm |
EX-4.9 - EX-4.9 - TIMKEN CO | l38915exv4w9.htm |
EX-10.4 - EX-10.4 - TIMKEN CO | l38915exv10w4.htm |
EX-31.2 - EX-31.2 - TIMKEN CO | l38915exv31w2.htm |
EX-31.1 - EX-31.1 - TIMKEN CO | l38915exv31w1.htm |
EX-10.3 - EX-10.3 - TIMKEN CO | l38915exv10w3.htm |
EX-10.1 - EX-10.1 - TIMKEN CO | l38915exv10w1.htm |
EX-10.2 - EX-10.2 - TIMKEN CO | l38915exv10w2.htm |
EX-10.21 - EX-10.21 - TIMKEN CO | l38915exv10w21.htm |
EX-23 - EX-23 - TIMKEN CO | l38915exv23.htm |
EX-21 - EX-21 - TIMKEN CO | l38915exv21.htm |
EX-10.6 - EX-10.6 - TIMKEN CO | l38915exv10w6.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands, except ratio amounts)
Years Ended December 31, | ||||||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||
(Loss) income from continuing operations before tax |
$ | (94,230 | ) | $ | 439,587 | $ | 264,656 | $ | 208,633 | $ | 308,197 | |||||||||
Share of undistributed losses from
50%-or-less-owned affiliates, excluding
affiliates with guaranteed debt |
907 | (1,418 | ) | 1,321 | 5,696 | 4,762 | ||||||||||||||
Amortization of capitalized interest |
4,096 | 1,839 | 1,406 | 1,229 | 1,204 | |||||||||||||||
Interest expense |
41,883 | 44,401 | 42,314 | 49,037 | 51,299 | |||||||||||||||
Interest portion of rental expense |
8,527 | 8,687 | 7,516 | 4,950 | 3,384 | |||||||||||||||
(Loss) earnings |
$ | (38,817 | ) | $ | 493,096 | $ | 317,213 | $ | 269,545 | $ | 368,846 | |||||||||
Interest |
$ | 43,360 | $ | 47,354 | $ | 48,014 | $ | 52,318 | $ | 51,919 | ||||||||||
Interest portion of rental expense |
8,527 | 8,687 | 7,516 | 4,950 | 3,384 | |||||||||||||||
Fixed Charges |
$ | 52,187 | $ | 56,041 | $ | 55,530 | $ | 57,268 | $ | 55,303 | ||||||||||
Ratio of Earnings to Fixed Charges |
(0.74 | ) | 8.80 | 5.71 | 4.71 | 6.67 | ||||||||||||||