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Exhibit 12
IRON MOUNTAIN INCORPORATED
STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
|
| Six Months |
| Six Months |
| |||
|
| Ended |
| Ended |
| |||
|
| June 30, 2010 |
| June 30, 2011 |
| |||
Earnings: |
|
|
|
|
| |||
| Income from Continuing Operations before Provision for Income Taxes |
| $ | 179,635 |
| $ | 189,549 |
|
| Add: Fixed Charges |
| 145,671 |
| 139,143 |
| ||
|
|
| $ | 325,306 |
| $ | 328,692 |
|
|
|
|
|
|
|
| ||
Fixed Charges: |
|
|
|
|
| |||
| Interest Expense, Net |
| $ | 105,533 |
| $ | 97,998 |
|
| Interest Portion of Rent Expense |
| 40,138 |
| 41,145 |
| ||
|
|
| $ | 145,671 |
| $ | 139,143 |
|
Ratio of Earnings to Fixed Charges |
| 2.2 | x | 2.4 | x |