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Content analysis
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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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| 2006 |
| 2007 |
| 2008 |
| 2009 |
| 2010 |
| September 30, 2010 |
| September 30, 2011 |
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Earnings: |
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Income from Continuing Operations before Provision for Income Taxes |
| $ | 252,570 |
| $ | 243,705 |
| $ | 240,107 |
| $ | 349,243 |
| $ | 336,489 |
| $ | 236,435 |
| $ | 239,278 |
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Add: Fixed Charges |
| 254,231 |
| 294,608 |
| 313,657 |
| 296,047 |
| 287,026 |
| 218,029 |
| 210,640 |
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| $ | 506,801 |
| $ | 538,313 |
| $ | 553,764 |
| $ | 645,290 |
| $ | 623,515 |
| $ | 454,464 |
| $ | 449,918 |
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Fixed Charges: |
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Interest Expense, Net |
| $ | 186,442 |
| $ | 215,719 |
| $ | 222,448 |
| $ | 214,640 |
| $ | 206,510 |
| $ | 157,587 |
| $ | 148,431 |
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Interest Portion of Rent Expense |
| 67,789 |
| 78,889 |
| 91,209 |
| 81,407 |
| 80,516 |
| 60,442 |
| 62,209 |
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| $ | 254,231 |
| $ | 294,608 |
| $ | 313,657 |
| $ | 296,047 |
| $ | 287,026 |
| $ | 218,029 |
| $ | 210,640 |
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Ratio of Earnings to Fixed Charges |
| 2.0 | x | 1.8 | x | 1.8 | x | 2.2 | x | 2.2 | x | 2.1 | x | 2.1 | x |