Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - PACCAR FINANCIAL CORP | d729443d10q.htm |
| EXCEL - IDEA: XBRL DOCUMENT - PACCAR FINANCIAL CORP | Financial_Report.xls |
| EX-32.(A) - EX-32.(A) - PACCAR FINANCIAL CORP | d729443dex32a.htm |
| EX-12.(A) - EX-12.(A) - PACCAR FINANCIAL CORP | d729443dex12a.htm |
| EX-31.(B) - EX-31.(B) - PACCAR FINANCIAL CORP | d729443dex31b.htm |
| EX-31.(A) - EX-31.(A) - PACCAR FINANCIAL CORP | d729443dex31a.htm |
| EX-3.(C) - EX-3.(C) - PACCAR FINANCIAL CORP | d729443dex3c.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)
| Six Months Ended June 30 |
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| 2014 | 2013 | |||||||
| FIXED CHARGES |
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| Interest expense |
$ | 26.6 | $ | 29.4 | ||||
| Facility and equipment rental |
.7 | .7 | ||||||
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| TOTAL FIXED CHARGES |
27.3 | $ | 30.1 | |||||
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| EARNINGS |
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| Income before income taxes |
$ | 81.9 | $ | 72.7 | ||||
| Depreciation |
112.3 | 100.8 | ||||||
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| 194.2 | 173.5 | |||||||
| FIXED CHARGES |
27.3 | 30.1 | ||||||
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| EARNINGS AS DEFINED |
$ | 221.5 | $ | 203.6 | ||||
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| RATIO OF EARNINGS TO FIXED CHARGES |
8.11X | 6.76X | ||||||
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