Attached files
| file | filename |
|---|---|
| EX-31.A - EX-31.A - PACCAR FINANCIAL CORP | d776124dex31a.htm |
| EX-12.A - EX-12.A - PACCAR FINANCIAL CORP | d776124dex12a.htm |
| EX-32.A - EX-32.A - PACCAR FINANCIAL CORP | d776124dex32a.htm |
| EX-31.B - EX-31.B - PACCAR FINANCIAL CORP | d776124dex31b.htm |
| EXCEL - IDEA: XBRL DOCUMENT - PACCAR FINANCIAL CORP | Financial_Report.xls |
| 10-Q - 10-Q - PACCAR FINANCIAL CORP | d776124d10q.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)
| Nine Months Ended September 30 |
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| 2014 | 2013 | |||||||
| FIXED CHARGES |
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| Interest expense |
$ | 40.1 | $ | 43.8 | ||||
| Facility and equipment rental |
1.1 | 1.1 | ||||||
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| TOTAL FIXED CHARGES |
41.2 | $ | 44.9 | |||||
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| EARNINGS |
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| Income before income taxes |
$ | 127.8 | $ | 113.6 | ||||
| Depreciation |
172.3 | 155.0 | ||||||
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| 300.1 | 268.6 | |||||||
| FIXED CHARGES |
41.2 | 44.9 | ||||||
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| EARNINGS AS DEFINED |
$ | 341.3 | $ | 313.5 | ||||
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| RATIO OF EARNINGS TO FIXED CHARGES |
8.28X | 6.98X | ||||||
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