Attached files
Exhibit 12.1
Plum Creek Timber Company, Inc.
Ratio of Earnings to Fixed Charges
Years Ended December 31, | |||||||||||||||||||||
(In Millions) |
3 Months Ended March 31, 2010 |
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||||
Consolidated Pretax Income from Continuing Operations |
$ | 61 | $ | 150 | $ | 193 | $ | 279 | $ | 328 | $ | 339 | |||||||||
Fixed Charges (per below) |
36 | 153 | 158 | 155 | 140 | 119 | |||||||||||||||
Distributed Income of Equity Investees |
28 | 53 | | | | | |||||||||||||||
Interest Capitalized |
| (1 | ) | (1 | ) | (1 | ) | | | ||||||||||||
Earnings |
$ | 125 | $ | 355 | $ | 350 | $ | 433 | $ | 468 | $ | 458 | |||||||||
Interest and Other Financial Charges |
$ | 35 | $ | 150 | $ | 154 | $ | 151 | $ | 138 | $ | 118 | |||||||||
Interest Portion of Rental Expense |
1 | 3 | 4 | 4 | 2 | 1 | |||||||||||||||
Fixed Charges |
$ | 36 | $ | 153 | $ | 158 | $ | 155 | $ | 140 | $ | 119 | |||||||||
Ratio of Earnings to Fixed Charges |
3.5 | 2.3 | 2.2 | 2.8 | 3.3 | 3.8 | |||||||||||||||