Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - TIMKEN CO | Financial_Report.xls |
| 10-Q - FORM 10-Q - TIMKEN CO | l40864e10vq.htm |
| EX-32 - EX-32 - TIMKEN CO | l40864exv32.htm |
| EX-31.2 - EX-31.2 - TIMKEN CO | l40864exv31w2.htm |
| EX-31.1 - EX-31.1 - TIMKEN CO | l40864exv31w1.htm |
EXHIBIT 12
COMPUTATION
OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratio amounts)
| Nine Months Ended | ||||||||||||||||||||||||||||
| September 30, | Years Ended December 31, | |||||||||||||||||||||||||||
| 2010 | 2009 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||||
Income (loss) from continuing
operations before tax |
$ | 305.6 | $ | (55.9 | ) | $ | (94.2 | ) | $ | 439.6 | $ | 264.7 | $ | 208.6 | $ | 308.2 | ||||||||||||
Share of undistributed (losses)
income from 50%-or-less-owned
affiliates, excluding affiliates
with guaranteed debt |
(0.1 | ) | 1.8 | 0.9 | (1.4 | ) | 1.3 | 5.7 | 4.8 | |||||||||||||||||||
Amortization of capitalized interest |
3.0 | 2.5 | 4.1 | 1.8 | 1.4 | 1.2 | 1.2 | |||||||||||||||||||||
Interest expense |
28.7 | 27.2 | 41.9 | 44.4 | 42.3 | 49.0 | 51.3 | |||||||||||||||||||||
Interest portion of rental expense |
6.0 | 6.7 | 8.5 | 8.7 | 7.5 | 5.0 | 3.4 | |||||||||||||||||||||
Earnings (loss) |
$ | 343.2 | $ | (17.7 | ) | $ | (38.8 | ) | $ | 493.1 | $ | 317.2 | $ | 269.5 | $ | 368.9 | ||||||||||||
Interest |
$ | 29.1 | $ | 28.6 | $ | 43.7 | $ | 47.4 | $ | 48.0 | $ | 52.3 | $ | 51.9 | ||||||||||||||
Interest portion of rental expense |
6.0 | 6.7 | 8.5 | 8.7 | 7.5 | 5.0 | 3.4 | |||||||||||||||||||||
Fixed Charges |
$ | 35.1 | $ | 35.3 | $ | 52.2 | $ | 56.1 | $ | 55.5 | $ | 57.3 | $ | 55.3 | ||||||||||||||
Ratio of Earnings to Fixed Charges |
9.78 | (0.50 | ) | (0.74 | ) | 8.79 | 5.72 | 4.70 | 6.67 | |||||||||||||||||||