Attached files

file filename
10-Q - QUARTERLY REPORT - PARKER HANNIFIN CORPd10q.htm
EX-10.(H) - FORM OF NOTICE OF RONA BONUS AWARD UNDER PERFORMANCE BONUS PLAN - PARKER HANNIFIN CORPdex10h.htm
EX-10.(E) - FORM OF NOTICE OF FY10 TARGET INCENTIVE BONUS AWARD - PARKER HANNIFIN CORPdex10e.htm
EX-10.(A) - AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT BENEFITS PROGRAM - PARKER HANNIFIN CORPdex10a.htm
EX-10.(F) - FORM OF NOTICE OF FY10 TARGET INCENTIVE BONUS AWARD UNDER PERFORMANCE BONUS PLAN - PARKER HANNIFIN CORPdex10f.htm
EX-10.(D) - FORM OF 2010 NOTICE OF STOCK OPTIONS WITH TANDEM STOCK APPRECIATION RIGHTS - PARKER HANNIFIN CORPdex10d.htm
EX-10.(G) - FORM OF NOTICE OF 2010-11-12 LONG TERM INCENTIVE AWARD UNDER PERFORM BONUS PLAN - PARKER HANNIFIN CORPdex10g.htm
EXCEL - IDEA: XBRL DOCUMENT - PARKER HANNIFIN CORPFinancial_Report.xls
EX-32 - SECTION 906 CEO AND CFO CERTIFICATION - PARKER HANNIFIN CORPdex32.htm
EX-31.(I).(A) - SECTION 302 CEO CERTIFICATION - PARKER HANNIFIN CORPdex31ia.htm
EX-31.(I).(B) - SECTION 302 CFO CERTIFICATION - PARKER HANNIFIN CORPdex31ib.htm
EX-10.(I) - FORM OF 2010 NOTICE OF ISSUANCE OF RESTRICTED STOCK FOR NON-EMPLOYEE DIRECTORS - PARKER HANNIFIN CORPdex10i.htm

Exhibit 12

PARKER-HANNIFIN CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(In thousands)

 

     Three months
Ended September 30,
    Fiscal Year Ended June 30,  
     2009     2008     2009     2008     2007     2006     2005  

EARNINGS

              

Income from continuing operations

before income taxes and

noncontrolling interests

   $ 114,029      $ 358,388      $ 683,083      $ 1,334,572      $ 1,166,463      $ 901,490      $ 740,127   

Adjustments:

              

Interest on indebtedness, exclusive

of capitalized interest and

interest on ESOP loan guarantee

     24,989        27,496        109,911        96,572        80,053        71,100        62,482   

Amortization of deferred loan costs

     734        583        2,143        1,793        1,511        1,888        1,457   

Portion of rents representative of

interest factor

     10,460        8,845        41,839        35,378        29,000        25,609        21,507   

(Income) loss of equity investees

     (73     (182     (1,529     2,596        1,059        (161     (1,935

Amortization of previously

capitalized interest

     65        65        262        278        282        304        280   
                                                        

Income as adjusted

   $ 150,204      $ 395,195      $ 835,709      $ 1,471,189      $ 1,278,368      $ 1,000,230      $ 823,918   
                                                        

FIXED CHARGES

              

Interest on indebtedness, exclusive of

capitalized interest and interest on ESOP loan guarantee

   $ 24,989      $ 27,496      $ 109,911      $ 96,572      $ 80,053      $ 71,100      $ 62,482   

Capitalized interest

             436        178     

Amortization of deferred loan costs

     734        583        2,143        1,793        1,511        1,888        1,457   

Portion of rents representative of interest

factor

     10,460        8,845        41,839        35,378        29,000        25,609        21,507   
                                                        

Fixed charges

   $ 36,183      $ 36,924      $ 153,893      $ 133,743      $ 111,000      $ 98,775      $ 85,446   
                                                        

RATIO OF EARNINGS TO FIXED

CHARGES

     4.15     10.70     5.43     11.00     11.52     10.13     9.64