BJ SERVICES CO - FORM 10-K - EX-12.1 - RATIOS OF EARNINGS TO FIXED CHARGES

file	filename
10-K - FORM 10-K FOR FISCAL YEAR ENDED SEPTEMBER 30, 2009 - BJ SERVICES CO	d10k.htm
EX-21.1 - SUBSIDIARIES OF THE COMPANY - BJ SERVICES CO	dex211.htm
EX-23.1 - CONSENT OF DELOITTE & TOUCHE LLP - BJ SERVICES CO	dex231.htm
EX-31.2 - SECTION 302 CERTIFICATION FOR JEFFREY E. SMITH (CFO) - BJ SERVICES CO	dex312.htm
EX-31.1 - SECTION 302 CERTIFICATION FOR J. W. STEWART (CEO) - BJ SERVICES CO	dex311.htm
EX-32.1 - SECTION 906 CERTIFICATION FURNISHED FOR J. W. STEWART (CEO) - BJ SERVICES CO	dex321.htm
EX-32.2 - SECTION 906 CERTIFICATION FURNISHED FOR JEFFREY E. SMITH (CFO) - BJ SERVICES CO	dex322.htm

Exhibit 12.1

BJ SERVICES COMPANY

RATIOS OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)


	Year Ended September 30,
	2009		2008		2007		2006		2005
COMPUTATION OF EARNINGS:
Add:
Income from continuing operations before income taxes and fixed charges	$	194,167	$	878,520	$	1,113,881	$	1,171,903	$	650,086
Fixed charges		66,944		65,894		66,495		40,518		40,939
Amortization of capitalized interest		3,466		2,878		1,877		1,741		1,582
Deduct:
Interest capitalized		6,025		7,042		8,002		2,035		1,215
Minority interest in pretax income of subsidiaries that have not incurred fixed charges		13,765		11,903		11,315		3,970		3,725

Earnings, as defined	$	244,787	$	928,347	$	1,162,936	$	1,208,157	$	687,667


COMPUTATION OF FIXED CHARGES:
Interest expensed and capitalized	$	33,273	$	35,149	$	40,743	$	14,216	$	12,166
Amortized premiums, discounts and capitalized interest related to indebtedness		3,646		2,991		1,959		1,763		3,671
Estimate of interest within rental expense		30,025		27,754		23,793		24,539		25,102

Fixed charges, as defined	$	66,944	$	65,894	$	66,495	$	40,518	$	40,939


Ratio of Earnings to Fixed Charges		3.66		14.09		17.49		29.82		16.80

BJ SERVICES CO - FORM 10-K - EX-12.1 - RATIOS OF EARNINGS TO FIXED CHARGES - November 23, 2009