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Filing tables
Filing exhibits
- 10-K Annual report
- 10 EX-10(P) 2006 Compensation Arrangements
- 12 EX-12 Computation of Ratio of Earnings to Fixed Charges
- 13 EX-13 Portions of the Company's 2005 Annual Report
- 18 EX-18 Letter Dated February 28, 2006
- 21 EX-21 List of Company's Subsidiaries As of December 31, 2005
- 23 EX-23 Consent of Deloitte & Touche LLP
- 24 EX-24 Powers of Attorney
- 31 EX-31(A) Section 302 Certification of the CEO
- 31 EX-31(B) Section 302 Certification of the CFO
- 32 EX-32(A) Section 906 Certification of the CEO
- 32 EX-32(B) Section 906 Certification of the CFO
Related press release
Legacy Vulcan similar filings
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Exhibit 12
VULCAN MATERIALS COMPANY AND SUBSIDIARY COMPANIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Years Ended December 31
Amounts in Thousands
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Years Ended December 31
Amounts in Thousands
2005 | 2004 | 2003 | 2002 | 2001 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expenses before capitalization credits | $ | 39,080 | $ | 42,260 | $ | 55,345 | $ | 56,601 | $ | 62,456 | ||||||||||
Amortization of financing costs | 711 | 611 | 291 | 298 | 494 | |||||||||||||||
One-third of rental expense | 22,520 | 16,553 | 15,140 | 16,976 | 18,281 | |||||||||||||||
Total fixed charges | $ | 62,311 | $ | 59,424 | $ | 70,776 | $ | 73,875 | $ | 81,231 | ||||||||||
Earnings from continuing operations before income taxes | $ | 480,237 | $ | 375,566 | $ | 335,080 | $ | 329,195 | $ | 339,932 | ||||||||||
Fixed charges | 62,311 | 59,424 | 70,776 | 73,875 | 81,231 | |||||||||||||||
Capitalized interest credits | (1,934 | ) | (1,980 | ) | (2,116 | ) | (2,896 | ) | (2,708 | ) | ||||||||||
Amortization of capitalized interest | 1,054 | 839 | 624 | 463 | 362 | |||||||||||||||
Earnings before income taxes as adjusted | $ | 541,668 | $ | 433,849 | $ | 404,364 | $ | 400,637 | $ | 418,817 | ||||||||||
Ratio of earnings to fixed charges | 8.7 | 7.3 | 5.7 | 5.4 | 5.2 |