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Content analysis
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H.S. sophomore Avg
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Exhibit 12
IRON MOUNTAIN INCORPORATED
STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
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| Nine Months |
| Nine Months |
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| Year Ended December 31, |
| Ended |
| Ended |
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| 2005 |
| 2006 |
| 2007 |
| 2008 |
| 2009 |
| September 30, 2009 |
| September 30, 2010 |
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Earnings: |
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Income before Provision for Income Taxes |
| $ | 197,018 |
| $ | 224,218 |
| $ | 223,024 |
| $ | 224,867 |
| $ | 332,833 |
| $ | 241,584 |
| $ | 27,014 |
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Add: Fixed Charges |
| 245,431 |
| 264,211 |
| 308,871 |
| 330,088 |
| 311,474 |
| 232,332 |
| 230,850 |
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| $ | 442,449 |
| $ | 488,429 |
| $ | 531,895 |
| $ | 554,955 |
| $ | 644,307 |
| $ | 473,916 |
| $ | 257,864 |
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Fixed Charges: |
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Interest Expense, Net |
| $ | 183,584 |
| $ | 194,958 |
| $ | 228,593 |
| $ | 236,635 |
| $ | 227,790 |
| $ | 170,165 |
| $ | 168,464 |
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Interest Portion of Rent Expense |
| 61,847 |
| 69,253 |
| 80,278 |
| 93,453 |
| 83,684 |
| 62,167 |
| 62,386 |
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| $ | 245,431 |
| $ | 264,211 |
| $ | 308,871 |
| $ | 330,088 |
| $ | 311,474 |
| $ | 232,332 |
| $ | 230,850 |
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Ratio of Earnings to Fixed Charges |
| 1.8 | x | 1.8 | x | 1.7 | x | 1.7 | x | 2.1 | x | 2.0 | x | 1.1 | x |