Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - TIMKEN CO | l42733exv32.htm |
| EX-10.1 - EX-10.1 - TIMKEN CO | l42733exv10w1.htm |
| EX-31.1 - EX-31.1 - TIMKEN CO | l42733exv31w1.htm |
| EX-31.2 - EX-31.2 - TIMKEN CO | l42733exv31w2.htm |
| EXCEL - IDEA: XBRL DOCUMENT - TIMKEN CO | Financial_Report.xls |
| 10-Q - FORM 10-Q - TIMKEN CO | l42733e10vq.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in millions, except ratio amounts)
| Six Months Ended June 30, | Years Ended December 31, | |||||||||||||||||||||||||||
| 2011 | 2010 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||||
Income (loss) from continuing operations
before tax |
355.0 | 194.8 | 405.5 | (94.2 | ) | 439.6 | 264.7 | 208.6 | ||||||||||||||||||||
Share of undistributed (losses) income from
50%-or-less-owned affiliates, excluding
affiliates with guaranteed debt |
0.3 | — | (0.2 | ) | 0.9 | (1.4 | ) | 1.3 | 5.7 | |||||||||||||||||||
Amortization of capitalized interest |
1.0 | 1.5 | 2.0 | 1.9 | 1.8 | 1.4 | 1.2 | |||||||||||||||||||||
Interest expense |
19.1 | 19.6 | 38.2 | 41.9 | 44.4 | 42.3 | 49.0 | |||||||||||||||||||||
Interest portion of rental expense |
3.6 | 4.0 | 8.0 | 8.5 | 8.7 | 7.5 | 5.0 | |||||||||||||||||||||
Earnings (loss) |
379.0 | 219.9 | 453.5 | (41.0 | ) | 493.1 | 317.2 | 269.5 | ||||||||||||||||||||
Interest |
19.3 | 19.8 | 38.9 | 43.7 | 47.4 | 48.0 | 52.3 | |||||||||||||||||||||
Interest portion of rental expense |
3.6 | 4.0 | 8.0 | 8.5 | 8.7 | 7.5 | 5.0 | |||||||||||||||||||||
Fixed Charges |
22.9 | 23.8 | 46.9 | 52.2 | 56.1 | 55.5 | 57.3 | |||||||||||||||||||||
Ratio of Earnings to Fixed Charges |
16.55 | 9.24 | 9.67 | (0.79 | ) | 8.79 | 5.72 | 4.70 | ||||||||||||||||||||