PALL CORP - FORM 10-K - EX-12 - RATIO OF EARNINGS TO FIXED CHARGES - September 28, 2010

Attached files

file filename
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - PALL CORPexhibit23.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT. - PALL CORPexhibit21.htm
EX-31.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 302 - PALL CORPexhibit31-2.htm
EX-32.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER - PALL CORPexhibit32-1.htm
EX-32.2 - CERTIFICATION OF CHIEF FINANCIAL OFFICER - PALL CORPexhibit32-2.htm
EX-31.1 - CERTIFICATION OF CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 302 - PALL CORPexhibit31-1.htm
EX-3.1I - RESTATED CERTIFICATE OF INCORPORATION OF THE REGISTRANT - PALL CORPexhibit3-1i.htm
EX-10.21 - FORM OF NOTICE OF GRANT OF RESTRICTED STOCK UNITS UNDER PALL CORPORATION - PALL CORPexhibit10-21.htm
EX-10.22 - FORM OF NOTICE OF GRANT OF ANNUAL AWARD UNITS UNDER PALL CORPORATION - PALL CORPexhibit10-22.htm
10-K - ANNUAL REPORT - PALL CORPpallcorp_10k.htm

Exhibit 12
 
Pall Corporation and Subsidiaries
Computation of Ratio of Earnings to Fixed Charges
(amounts in thousands, except ratios)
 
    Fiscal Year Ended
         July 31, 2010        July 31, 2009        July 31, 2008        July 31, 2007        July 31, 2006
Determination of Earnings:                                  
       Earnings before income taxes   $ 327,721     $ 270,786     $ 325,555   $ 260,529   $ 203,230
       Fixed charges     31,335       47,887       61,210     65,392     48,601
       Amortization of capitalized interest     218       246       342     476     735
       Capitalized interest     (225 )     (489 )     -     -     -
              Total earnings as defined   $ 359,049     $ 318,430     $ 387,107   $ 326,397   $ 252,566
 
Determination of Fixed Charges:                                  
       Interest Expense (*)   $ 19,910     $ 36,864     $ 50,937   $ 56,837   $ 40,323
       Rents (**)     11,200       10,534       10,273     8,555     8,278
       Capitalized interest     225       489       -     -     -
              Total fixed charges   $ 31,335     $ 47,887     $ 61,210   $ 65,392   $ 48,601
 
Computation of Ratio of Earnings to                                  
       Fixed Charges     11.5       6.6       6.3     5.0     5.2
                                   
(*)        Interest expense includes the amortized premiums, discounts and capitalized expenses related to indebtedness
(**)   Rents included in the computation consist of one-third of rental expense.

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