Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - TEREX CORP | Financial_Report.xls |
| EX-32 - CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER CERTIFICATION - TEREX CORP | tex33115-ex32.htm |
| EX-31.1 - CHIEF EXECUTIVE OFFICER CERTIFICATION - TEREX CORP | tex33115-ex311.htm |
| EX-31.2 - CHIEF FINANCIAL OFFICER CERTIFICATION - TEREX CORP | tex33115-ex312.htm |
| 10-Q - 10-Q 03.31.2015 - TEREX CORP | tex331201510-q.htm |
Exhibit 12
TEREX CORPORATION
CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(amounts in millions)
Three Months Ended March 31, | |||||||||
2015 | 2014 | ||||||||
Earnings: | |||||||||
Income (loss) before income taxes | $ | 10.1 | $ | 43.0 | |||||
Adjustments: | |||||||||
Undistributed (income) loss of less than 50% owned investments | (2.4 | ) | 0.3 | ||||||
Fixed charges | 35.7 | 39.0 | |||||||
Earnings | $ | 43.4 | $ | 82.3 | |||||
Fixed charges: | |||||||||
Interest expense, including debt discount amortization | $ | 28.2 | $ | 30.4 | |||||
Amortization/writeoff of debt issuance costs | 1.3 | 2.1 | |||||||
Portion of rental expense representative of interest factor (assumed to be 33%) | 6.2 | 6.5 | |||||||
Fixed charges | $ | 35.7 | $ | 39.0 | |||||
Ratio of earnings to fixed charges | 1.2 | x | 2.1 | x | |||||
Amount of earnings deficiency for coverage of fixed charges | $ | — | $ | — | |||||