Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - PARKER HANNIFIN CORP | Financial_Report.xls |
| EX-31.A - EXHIBIT 31A - PARKER HANNIFIN CORP | ph9302014ex31a.htm |
| EX-10.C - EXHIBIT C - PARKER HANNIFIN CORP | ph9302014ex10c.htm |
| EX-31.B - EXHIBIT 31B - PARKER HANNIFIN CORP | ph9302014ex31b.htm |
| EX-10.A - EXHIBIT 10A - PARKER HANNIFIN CORP | ph9302014ex10a.htm |
| EX-32 - EXHIBIT 32 - PARKER HANNIFIN CORP | ph9302014ex32.htm |
| EX-10.B - EXHIBIT B - PARKER HANNIFIN CORP | ph9302014ex10b.htm |
| 10-Q - 10-Q - PARKER HANNIFIN CORP | ph-10qxq19302014.htm |
Exhibit 12
Parker-Hannifin Corporation
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
Three Months Ended | |||||||||||||||||||||||||||
September 30, | Fiscal Year Ended June 30, | ||||||||||||||||||||||||||
2014 | 2013 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||||||||
EARNINGS | |||||||||||||||||||||||||||
Income from continuing operations before income taxes and noncontrolling interests | $ | 396,635 | $ | 324,094 | $ | 1,556,720 | $ | 1,311,001 | $ | 1,576,698 | $ | 1,413,721 | $ | 754,817 | |||||||||||||
Adjustments: | |||||||||||||||||||||||||||
Interest on indebtedness, exclusive of interest capitalized | 20,281 | 20,278 | 79,845 | 88,668 | 89,888 | 97,009 | 101,173 | ||||||||||||||||||||
Amortization of deferred loan costs | 680 | 680 | 2,721 | 2,884 | 2,902 | 2,695 | 2,426 | ||||||||||||||||||||
Portion of rents representative of interest factor | 10,996 | 11,123 | 43,983 | 44,493 | 41,515 | 39,499 | 41,194 | ||||||||||||||||||||
Loss (income) of equity investees | (5,854 | ) | (1,446 | ) | (11,141 | ) | (247 | ) | 1,237 | 2,592 | 6,757 | ||||||||||||||||
Amortization of previously capitalized interest | 48 | 48 | 190 | 193 | 196 | 226 | 259 | ||||||||||||||||||||
Income as adjusted | $ | 422,786 | $ | 354,777 | $ | 1,672,318 | $ | 1,446,992 | $ | 1,712,436 | $ | 1,555,742 | $ | 906,626 | |||||||||||||
FIXED CHARGES | |||||||||||||||||||||||||||
Interest on indebtedness, exclusive of interest capitalized | $ | 20,281 | $ | 20,278 | $ | 79,845 | $ | 88,668 | $ | 89,888 | $ | 97,009 | $ | 101,173 | |||||||||||||
Amortization of deferred loan costs | 680 | 680 | 2,721 | 2,884 | 2,902 | 2,695 | 2,426 | ||||||||||||||||||||
Portion of rents representative of interest factor | 10,996 | 11,123 | 43,983 | 44,493 | 41,515 | 39,499 | 41,194 | ||||||||||||||||||||
Fixed charges | $ | 31,957 | $ | 32,081 | $ | 126,549 | $ | 136,045 | $ | 134,305 | $ | 139,203 | $ | 144,793 | |||||||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 13.23 | x | 11.06 | x | 13.21 | x | 10.64 | x | 12.75 | x | 11.18 | x | 6.26 | x | |||||||||||||