Attached files

file filename
EX-31.(A) - CERTIFICATION OF PRINCIPAL EXECUTIVE OFFICER - PACCAR FINANCIAL CORPd316565dex31a.htm
EX-12.(A) - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES OF THE COMPANY PURSUANT TO SEC - PACCAR FINANCIAL CORPd316565dex12a.htm
EX-31.(B) - CERTIFICATION OF PRINCIPAL FINANCIAL OFFICER - PACCAR FINANCIAL CORPd316565dex31b.htm
EXCEL - IDEA: XBRL DOCUMENT - PACCAR FINANCIAL CORPFinancial_Report.xls
10-Q - FORM 10-Q - PACCAR FINANCIAL CORPd316565d10q.htm
EX-32.(A) - CERTIFICATION PURSUANT TO RULE 13A-14(B) AND SECTION 906 - PACCAR FINANCIAL CORPd316565dex32a.htm

PACCAR FINANCIAL CORP. - FORM 10-Q

EXHIBIT 12(b)

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

PURSUANT TO THE SUPPORT AGREEMENT

BETWEEN THE COMPANY AND PACCAR

(Millions of Dollars)

 

     Three Months Ended
March 31
 
     2012      2011  

FIXED CHARGES

     

Interest expense

   $ 14.7       $ 16.8   

Facility and equipment rental

     .4         .5   
  

 

 

    

 

 

 
     

TOTAL FIXED CHARGES

   $ 15.1       $ 17.3   
  

 

 

    

 

 

 
     

EARNINGS

     

Income before income taxes

   $ 31.8       $ 23.5   

Depreciation

     40.6         32.5   
  

 

 

    

 

 

 
     72.4         56.0   
     

FIXED CHARGES

     15.1         17.3   
  

 

 

    

 

 

 
     

EARNINGS AS DEFINED

   $ 87.5       $ 73.3   
  

 

 

    

 

 

 
     

RATIO OF EARNINGS TO FIXED CHARGES

     5.79X         4.24X