Attached files
file | filename |
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8-K - 8-K - AMPHENOL CORP /DE/ | a12-3046_18k.htm |
EX-99.1 - EX-99.1 - AMPHENOL CORP /DE/ | a12-3046_1ex99d1.htm |
Exhibit 12.1
Amphenol Corporation
Computation of Ratio of Earnings to Fixed Charges
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For the nine months ended |
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For the fiscal years ended |
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September 30, |
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December 31, |
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2011 |
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2010 |
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2010 |
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2009 |
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2008 |
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2007 |
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2006 |
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($ in thousands) |
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Earnings: |
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Income before income taxes and net income attributable to noncontrolling interests |
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$ |
557,717 |
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$ |
477,074 |
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$ |
657,680 |
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$ |
437,145 |
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$ |
582,154 |
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$ |
500,984 |
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$ |
373,272 |
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Fixed charges |
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40,300 |
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38,456 |
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51,284 |
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45,620 |
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47,562 |
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45,184 |
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46,535 |
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Total Earnings (1) |
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$ |
598,017 |
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$ |
515,530 |
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$ |
708,964 |
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$ |
482,765 |
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$ |
629,716 |
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$ |
546,168 |
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$ |
419,807 |
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Fixed Charges: |
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Interest expense |
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$ |
31,885 |
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$ |
30,549 |
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$ |
40,741 |
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$ |
36,586 |
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$ |
39,627 |
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$ |
36,876 |
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$ |
38,799 |
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Interest component of rent expense |
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8,415 |
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7,907 |
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10,543 |
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9,034 |
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7,935 |
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8,308 |
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7,736 |
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Total Fixed Charges (2) |
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$ |
40,300 |
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$ |
38,456 |
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$ |
51,284 |
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$ |
45,620 |
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$ |
47,562 |
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$ |
45,184 |
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$ |
46,535 |
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Ratio of Earnings to Fixed Charges |
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14.8 |
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13.4 |
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13.8 |
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10.6 |
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13.2 |
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12.1 |
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9.0 |
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(1) For the years ended December 31, 2006 through 2008, earnings consist of income before income taxes plus fixed charges (income before income taxes for these periods include the adjustment for noncontrolling interests as those financial statements have not been retroactively restated in accordance with the standards of the Consolidations Topic of the FASB Accounting Standards Codification).
(2) Fixed charges consist of interest expense including amortization of deferred debt issuance costs and one third of rental expenses on operating leases, representing that portion of rent expense which management believes is representative of the interest component of rent expense. Program fees on the sales of accounts receivable are not included, as they do not meet the definition of fixed charges per Item 601 of Regulation S-K.