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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 12 Statement Re: Computation of Ratio of Earnings to Fixed Charges
- 15 Letter Re: Unaudited Interim Financial Information
- 31.1 Rule 13A-14(A)/15D-14(A) Certification
- 31.2 Rule 13A-14(A)/15D-14(A) Certification
- 31.3 Rule 13A-14(A)/15D-14(A) Certification
- 32 Section 1350 Certifications
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Exhibit 12
UNITED TECHNOLOGIES CORPORATION
AND SUBSIDIARIES
STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Six Months Ended June 30, | ||||||||
2005 | 2004 | |||||||
In Millions of Dollars | ||||||||
Fixed Charges: | ||||||||
Interest Expense | $ | 220 | $ | 178 | ||||
Interest Capitalized | 8 | 5 | ||||||
One-third of rents* | 55 | 51 | ||||||
Total Fixed Charges | $ | 283 | $ | 234 | ||||
Earnings: | ||||||||
Income before income taxes and minority interests | $ | 2,357 | $ | 1,959 | ||||
Fixed charges per above | 283 | 234 | ||||||
Less: interest capitalized | (8 | ) | (5 | ) | ||||
275 | 229 | |||||||
Amortization of interest capitalized | 7 | 4 | ||||||
Total earnings | $ | 2,639 | $ | 2,192 | ||||
Ratio of earnings to fixed charges | 9.33 | 9.37 | ||||||
* | Reasonable approximation of the interest factor. |