Attached files
| file | filename |
|---|---|
| EX-32.(A) - EX-32.(A) - PACCAR FINANCIAL CORP | d363287dex32a.htm |
| EX-31.(B) - EX-31.(B) - PACCAR FINANCIAL CORP | d363287dex31b.htm |
| EX-31.(A) - EX-31.(A) - PACCAR FINANCIAL CORP | d363287dex31a.htm |
| EX-12.(A) - EX-12.(A) - PACCAR FINANCIAL CORP | d363287dex12a.htm |
| 10-Q - FORM 10-Q - PACCAR FINANCIAL CORP | d363287d10q.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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| 2017 | 2016 | |||||||
| FIXED CHARGES |
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| Interest expense |
$ | 21.3 | $ | 17.6 | ||||
| Facility and equipment rental |
.4 | .4 | ||||||
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| TOTAL FIXED CHARGES |
$ | 21.7 | $ | 18.0 | ||||
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| EARNINGS |
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| Income before income taxes |
$ | 20.0 | $ | 38.3 | ||||
| Depreciation |
83.3 | 65.2 | ||||||
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| 103.3 | 103.5 | |||||||
| FIXED CHARGES |
21.7 | 18.0 | ||||||
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| EARNINGS AS DEFINED |
$ | 125.0 | $ | 121.5 | ||||
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| RATIO OF EARNINGS TO FIXED CHARGES |
5.76X | 6.75X | ||||||
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