Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - COMMERCIAL METALS Co | d75967e10vk.htm |
| EX-23 - EX-23 - COMMERCIAL METALS Co | d75967exv23.htm |
| EX-21 - EX-21 - COMMERCIAL METALS Co | d75967exv21.htm |
| EX-32.B - EX-32.B - COMMERCIAL METALS Co | d75967exv32wb.htm |
| EX-31.A - EX-31.A - COMMERCIAL METALS Co | d75967exv31wa.htm |
| EX-31.B - EX-31.B - COMMERCIAL METALS Co | d75967exv31wb.htm |
| EX-32.A - EX-32.A - COMMERCIAL METALS Co | d75967exv32wa.htm |
| EX-10.III.X - EX-10.III.X - COMMERCIAL METALS Co | d75967exv10wiiiwx.htm |
| EX-10.III.I - EX-10.III.I - COMMERCIAL METALS Co | d75967exv10wiiiwi.htm |
| EX-10.III.Y - EX-10.III.Y - COMMERCIAL METALS Co | d75967exv10wiiiwy.htm |
| EX-10.III.M - EX-10.III.M - COMMERCIAL METALS Co | d75967exv10wiiiwm.txt |
| EX-10.III.A - EX-10.III.A - COMMERCIAL METALS Co | d75967exv10wiiiwa.txt |
| EX-10.III.W - EX-10.III.W - COMMERCIAL METALS Co | d75967exv10wiiiww.htm |
| EX-10.III.V - EX-10.III.V - COMMERCIAL METALS Co | d75967exv10wiiiwv.htm |
| EX-10.III.L - EX-10.III.L - COMMERCIAL METALS Co | d75967exv10wiiiwl.txt |
Exhibit 12
COMMERCIAL METALS COMPANY AND SUBSIDIARIES CONSOLIDATED
RATIO OF EARNINGS TO FIXED CHARGES
(dollars in thousands, except ratios)
RATIO OF EARNINGS TO FIXED CHARGES
(dollars in thousands, except ratios)
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
EARNINGS (LOSS):* |
||||||||||||||||||||
EARNINGS (LOSS) BEFORE INCOME TAXES |
$ | (264,368 | ) | $ | 33,925 | $ | 337,311 | $ | 536,056 | $ | 554,493 | |||||||||
INTEREST EXPENSE |
75,508 | 77,562 | 59,488 | 37,257 | 29,569 | |||||||||||||||
INTEREST IMPUTED ON RENT |
16,311 | 22,780 | 21,217 | 12,082 | 8,293 | |||||||||||||||
AMORTIZATION OF CAPITALIZED INTEREST |
1,838 | 899 | 728 | 655 | 1,224 | |||||||||||||||
TOTAL EARNINGS (LOSS) |
(170,711 | ) | 135,166 | 418,744 | 586,050 | 593,579 | ||||||||||||||
FIXED CHARGES:* |
||||||||||||||||||||
INTEREST EXPENSE |
75,508 | 77,562 | 59,488 | 37,257 | 29,569 | |||||||||||||||
INTEREST CAPITALIZED |
4,538 | 12,638 | 6,877 | 3,198 | 2,256 | |||||||||||||||
INTEREST IMPUTED ON RENT |
16,311 | 22,780 | 21,217 | 12,082 | 8,293 | |||||||||||||||
TOTAL FIXED CHARGES |
96,357 | 112,980 | 87,582 | 52,537 | 40,118 | |||||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES |
** | 1.20 | 4.78 | 11.16 | 14.80 | |||||||||||||||
| * | Earnings (loss) and fixed charges include a division classified as discontinued operations. | |
| ** | Earnings for the year ended August 31, 2010 were inadequate to cover fixed charges. The coverage deficiency was $267,068. |