Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PACCAR FINANCIAL CORP | Financial_Report.xls |
| 10-Q - FORM 10-Q - PACCAR FINANCIAL CORP | d497286d10q.htm |
| EX-31.A - EX-31.A - PACCAR FINANCIAL CORP | d497286dex31a.htm |
| EX-12.A - EX-12.A - PACCAR FINANCIAL CORP | d497286dex12a.htm |
| EX-32.A - EX-32.A - PACCAR FINANCIAL CORP | d497286dex32a.htm |
| EX-31.B - EX-31.B - PACCAR FINANCIAL CORP | d497286dex31b.htm |
PACCAR FINANCIAL CORP. - FORM 10-Q
EXHIBIT 12(b)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
PURSUANT TO THE SUPPORT AGREEMENT
BETWEEN THE COMPANY AND PACCAR
(Millions of Dollars)
| Three Months Ended March 31 |
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| 2013 | 2012 | |||||||
| FIXED CHARGES |
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| Interest expense |
$ | 14.9 | $ | 14.7 | ||||
| Facility and equipment rental |
.4 | .4 | ||||||
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| TOTAL FIXED CHARGES |
15.3 | $ | 15.1 | |||||
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| EARNINGS |
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| Income before income taxes |
$ | 36.6 | $ | 31.8 | ||||
| Depreciation |
48.9 | 40.6 | ||||||
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| 85.5 | 72.4 | |||||||
| FIXED CHARGES |
15.3 | 15.1 | ||||||
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| EARNINGS AS DEFINED |
$ | 100.8 | $ | 87.5 | ||||
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| RATIO OF EARNINGS TO FIXED CHARGES |
6.59X | 5.79X | ||||||
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