Attached files
| file | filename |
|---|---|
| EX-31.(A) - EX-31(A) - PACCAR FINANCIAL CORP | d25166dex31a.htm |
| EX-31.(B) - EX-31(B) - PACCAR FINANCIAL CORP | d25166dex31b.htm |
| EX-12.(A) - EX-12(A) - PACCAR FINANCIAL CORP | d25166dex12a.htm |
| 10-Q - 10-Q - PACCAR FINANCIAL CORP | d25166d10q.htm |
| EX-32.(A) - EX-32(A) - PACCAR FINANCIAL CORP | d25166dex32a.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)
| Nine Months Ended September 30 |
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| 2015 | 2014 | |||||||
| FIXED CHARGES |
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| Interest expense |
$ | 43.9 | $ | 40.1 | ||||
| Facility and equipment rental |
1.2 | 1.1 | ||||||
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| TOTAL FIXED CHARGES |
$ | 45.1 | $ | 41.2 | ||||
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| EARNINGS |
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| Income before income taxes |
$ | 137.8 | $ | 127.8 | ||||
| Depreciation |
182.7 | 172.3 | ||||||
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| 320.5 | 300.1 | |||||||
| FIXED CHARGES |
45.1 | 41.2 | ||||||
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| EARNINGS AS DEFINED |
$ | 365.6 | $ | 341.3 | ||||
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| RATIO OF EARNINGS TO FIXED CHARGES |
8.11X | 8.28X | ||||||
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