Attached files
EXHIBIT 12
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS (LOSS) TO FIXED CHARGES
(Amounts in millions, except ratios)
Years ended September 30 | |||||||||||||||||
2009 | 2008 | 2007 | 2006 | 2005 | |||||||||||||
Earnings (Loss): |
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Pre-tax income (loss) from continuing operations |
$ | (102 | ) | $ | 112 | $ | 168 | $ | 97 | $ | (93 | ) | |||||
Distributed income of affiliated companies |
1 | 2 | 10 | 5 | 3 | ||||||||||||
Add fixed charges: |
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Interest on indebtedness |
30 | 38 | 34 | 27 | 29 | ||||||||||||
Portion of rents representative of the interest factor |
9 | 9 | 8 | 6 | 3 | ||||||||||||
Preferred stock dividend |
| | 1 | 2 | 3 | ||||||||||||
Income (loss) as adjusted |
$ | (65 | ) | $ | 161 | $ | 221 | $ | 137 | $ | (55 | ) | |||||
Fixed charges: |
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Interest on indebtedness |
$ | 30 | $ | 38 | $ | 34 | $ | 27 | $ | 29 | |||||||
Capitalized interest |
4 | 3 | 1 | 2 | 2 | ||||||||||||
Portion of rents representative of the interest factor |
9 | 9 | 8 | 6 | 3 | ||||||||||||
Preferred stock dividend |
| | 1 | 2 | 3 | ||||||||||||
Total fixed charges |
$ | 43 | $ | 50 | $ | 44 | $ | 37 | $ | 37 | |||||||
Ratio of earnings (loss) to fixed charges |
NA | 3 | 5 | 4 | NA |