Attached files
file | filename |
---|---|
EXCEL - IDEA: XBRL DOCUMENT - TIMKEN CO | Financial_Report.xls |
10-Q - FORM 10-Q - TIMKEN CO | l40275e10vq.htm |
EX-32 - EX-32 - TIMKEN CO | l40275exv32.htm |
EX-3.1 - EX-3.1 - TIMKEN CO | l40275exv3w1.htm |
EX-31.2 - EX-31.2 - TIMKEN CO | l40275exv31w2.htm |
EX-31.1 - EX-31.1 - TIMKEN CO | l40275exv31w1.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands, except ratio amounts)
(Dollars in thousands, except ratio amounts)
Six Months Ended | ||||||||||||||||||||||||||||
June 30, | Years Ended December 31, | |||||||||||||||||||||||||||
2010 | 2009 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||||
Income (loss) from continuing operations before taxes |
$ | 194.8 | $ | (44.0 | ) | $ | (94.2 | ) | $ | 439.6 | $ | 264.7 | $ | 208.6 | $ | 308.2 | ||||||||||||
Share of undistributed losses from
50%-or-less-owned affiliates, excluding
affiliates with guaranteed debt |
| 1.3 | 0.9 | (1.4 | ) | 1.3 | 5.7 | 4.8 | ||||||||||||||||||||
Amortization of capitalized interest |
1.8 | 1.3 | 4.1 | 1.8 | 1.4 | 1.2 | 1.2 | |||||||||||||||||||||
Interest expense |
19.6 | 16.9 | 41.9 | 44.4 | 42.3 | 49.0 | 51.3 | |||||||||||||||||||||
Interest portion of rental expense |
4.0 | 4.4 | 8.5 | 8.7 | 7.5 | 5.0 | 3.4 | |||||||||||||||||||||
Earnings (loss) |
$ | 220.2 | $ | (20.1 | ) | $ | (38.8 | ) | $ | 493.1 | $ | 317.2 | $ | 269.5 | $ | 368.9 | ||||||||||||
Interest |
20.2 | 18.1 | 43.7 | 47.4 | 48.0 | 52.3 | 51.9 | |||||||||||||||||||||
Interest portion of rental expense |
4.0 | 4.4 | 8.5 | 8.7 | 7.5 | 5.0 | 3.4 | |||||||||||||||||||||
Fixed Charges |
$ | 24.2 | $ | 22.5 | $ | 52.2 | $ | 56.1 | $ | 55.5 | $ | 57.3 | $ | 55.3 | ||||||||||||||
Ratio of Earnings to Fixed Charges |
9.10 | (0.89 | ) | (0.74 | ) | 8.79 | 5.71 | 4.70 | 6.67 | |||||||||||||||||||