Attached files
| file | filename |
|---|---|
| EX-21 - EX-21 - Toll Brothers, Inc. | w76594exv21.htm |
| EX-23 - EX-23 - Toll Brothers, Inc. | w76594exv23.htm |
| EX-31.2 - EX-31.2 - Toll Brothers, Inc. | w76594exv31w2.htm |
| EX-32.2 - EX-32.2 - Toll Brothers, Inc. | w76594exv32w2.htm |
| EX-32.1 - EX-32.1 - Toll Brothers, Inc. | w76594exv32w1.htm |
| EX-31.1 - EX-31.1 - Toll Brothers, Inc. | w76594exv31w1.htm |
| EX-10.21 - EX-10.21 - Toll Brothers, Inc. | w76594exv10w21.htm |
| EX-10.25 - EX-10.25 - Toll Brothers, Inc. | w76594exv10w25.htm |
| EX-10.17 - EX-10.17 - Toll Brothers, Inc. | w76594exv10w17.htm |
| 10-K - FORM 10-K - Toll Brothers, Inc. | w76594e10vk.htm |
Exhibit 12
Statement re: Computation of Ratios of Earnings to Fixed Charges
| Year ended October 31, | 2005 | 2006 | 2007 | 2008 | 2009 | |||||||||||||||
(Loss) earnings: |
||||||||||||||||||||
(Loss)
income before income taxes |
$ | 1,323,128 | $ | 1,126,616 | $ | 70,680 | $ | (466,787 | ) | $ | (452,164 | ) | ||||||||
| Interest expense | 126,193 | 122,473 | 102,652 | 89,300 | 96,726 | |||||||||||||||
Rent expense |
3,923 | 4,377 | 4,252 | 4,070 | 3,425 | |||||||||||||||
Amortization |
1,079 | 1,096 | 1,102 | 1,380 | 1,239 | |||||||||||||||
| $ | 1,454,349 | $ | 1,254,562 | $ | 178,686 | $ | (372,037 | ) | $ | (350,774 | ) | |||||||||
Fixed charges: |
||||||||||||||||||||
Homebuilding |
||||||||||||||||||||
Interest incurred |
$ | 115,439 | $ | 141,266 | $ | 136,758 | $ | 116,340 | $ | 118,026 | ||||||||||
Rent expense |
3,923 | 4,377 | 4,252 | 4,070 | 3,425 | |||||||||||||||
Amortization |
1,079 | 1,096 | 1,102 | 1,380 | 1,239 | |||||||||||||||
| $ | 120,441 | $ | 146,739 | $ | 142,112 | $ | 121,790 | $ | 122,690 | |||||||||||
Ratio |
12.08 | 8.55 | 1.26 | (a) | (a) | |||||||||||||||
| (a) | For the twelve-month periods ended October 31, 2009 and 2008, our earnings were not sufficient to cover fixed charges by approximately $473.5 million and $493.8 million, respectively. |