Attached files
| file | filename |
|---|---|
| EX-32.(A) - EX-32.(A) - PACCAR FINANCIAL CORP | d415398dex32a.htm |
| EX-31.(B) - EX-31.(B) - PACCAR FINANCIAL CORP | d415398dex31b.htm |
| EX-31.(A) - EX-31.(A) - PACCAR FINANCIAL CORP | d415398dex31a.htm |
| EX-12.(A) - EX-12.(A) - PACCAR FINANCIAL CORP | d415398dex12a.htm |
| 10-Q - FORM 10-Q - PACCAR FINANCIAL CORP | d415398d10q.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)
| Six Months Ended June 30 |
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| 2017 | 2016 | |||||||
| FIXED CHARGES |
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| Interest expense |
$ | 43.1 | $ | 36.4 | ||||
| Facility and equipment rental |
.8 | .8 | ||||||
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| TOTAL FIXED CHARGES |
$ | 43.9 | $ | 37.2 | ||||
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| EARNINGS |
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| Income before income taxes |
$ | 42.5 | $ | 72.2 | ||||
| Depreciation |
167.4 | 133.6 | ||||||
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| 209.9 | 205.8 | |||||||
| FIXED CHARGES |
43.9 | 37.2 | ||||||
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| EARNINGS AS DEFINED |
$ | 253.8 | $ | 243.0 | ||||
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| RATIO OF EARNINGS TO FIXED CHARGES |
5.78X | 6.53X | ||||||
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