Attached files
| file | filename |
|---|---|
| 10-K - 10-K - PARKER HANNIFIN CORP | ph630201510k.htm |
| EX-13 - EXHIBIT 13 - PARKER HANNIFIN CORP | ph6302015ex13.htm |
| EX-24 - EXHIBIT 24 - PARKER HANNIFIN CORP | ph6302015ex24.htm |
| EX-21 - EXHIBIT 21 - PARKER HANNIFIN CORP | ph6302015ex21.htm |
| EX-32 - EXHIBIT 32 - PARKER HANNIFIN CORP | ph6302015ex32.htm |
| EX-31.A - EXHIBIT 31.A - PARKER HANNIFIN CORP | ph6302015ex31a.htm |
| EX-31.B - EXHIBIT 31.B - PARKER HANNIFIN CORP | ph6302015ex31b.htm |
| EX-23 - EXHIBIT 23 - PARKER HANNIFIN CORP | ph6302015ex23.htm |
Exhibit 12 to Annual Report
on Form 10-K
for Fiscal Year Ended June 30, 2015
By Parker-Hannifin Corporation
Computation of Ratio of Earnings to Fixed Charges
(In thousands, except ratios)
Fiscal Year Ended June 30, | |||||||||||||||||||
2015 | 2014 | 2013 | 2012 | 2011 | |||||||||||||||
EARNINGS | |||||||||||||||||||
Income from continuing operations before income taxes and noncontrolling interests | $ | 1,432,240 | $ | 1,556,720 | $ | 1,311,001 | $ | 1,576,698 | $ | 1,413,721 | |||||||||
Adjustments: | |||||||||||||||||||
Interest on indebtedness, exclusive of interest capitalized | 115,077 | 79,845 | 88,668 | 89,888 | 97,009 | ||||||||||||||
Amortization of deferred loan costs | 3,329 | 2,721 | 2,884 | 2,902 | 2,695 | ||||||||||||||
Portion of rents representative of interest factor | 41,886 | 43,983 | 44,493 | 41,515 | 39,499 | ||||||||||||||
(Income) loss of equity investees | (23,204 | ) | (11,141 | ) | (247 | ) | 1,237 | 2,592 | |||||||||||
Amortization of previously capitalized interest | 179 | 190 | 193 | 196 | 226 | ||||||||||||||
Income as adjusted | $ | 1,569,507 | $ | 1,672,318 | $ | 1,446,992 | $ | 1,712,436 | $ | 1,555,742 | |||||||||
FIXED CHARGES | |||||||||||||||||||
Interest on indebtedness, exclusive of interest capitalized | $ | 115,077 | $ | 79,845 | $ | 88,668 | $ | 89,888 | $ | 97,009 | |||||||||
Amortization of deferred loan costs | 3,329 | 2,721 | 2,884 | 2,902 | 2,695 | ||||||||||||||
Portion of rents representative of interest factor | 41,886 | 43,983 | 44,493 | 41,515 | 39,499 | ||||||||||||||
Fixed charges | $ | 160,292 | $ | 126,549 | $ | 136,045 | $ | 134,305 | $ | 139,203 | |||||||||
RATIO OF EARNINGS TO FIXED CHARGES | 9.79x | 13.21x | 10.64x | 12.75x | 11.18x | ||||||||||||||