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Filing tables
Filing exhibits
- 10-K Annual report
- 10 EX-10.(P) Form Performance Share Unit Award Agreement
- 10 EX-10.(Q) Form Stock Only Stock Appreciation Rights Agreement
- 10 EX-10.(R) Form Employee Deferred Stock Unit Award Amended Agreement
- 10 EX-10.(S) 2007 Compensation Arrangements
- 12 EX-12 Computation of Ratio of Earnings to Fixed Charges
- 13 EX-13 2006 Annual Report to Shareholders
- 21 EX-21 List of Subsidiaries of the Company
- 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
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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
2006 | 2005 | 2004 | 2003 | 2002 | ||||||||||||||||
Fixed charges: | ||||||||||||||||||||
Interest expense before capitalization credits | $ | 31,310 | $ | 39,080 | $ | 42,260 | $ | 55,345 | $ | 56,601 | ||||||||||
Amortization of financing costs | 363 | 711 | 611 | 291 | 298 | |||||||||||||||
One-third of rental expense | 27,240 | 22,520 | 16,553 | 15,140 | 16,976 | |||||||||||||||
Total fixed charges | $ | 58,913 | $ | 62,311 | $ | 59,424 | $ | 70,776 | $ | 73,875 | ||||||||||
Earnings from continuing operations before income taxes | $ | 703,461 | $ | 480,237 | $ | 375,566 | $ | 335,080 | $ | 329,195 | ||||||||||
Fixed charges | 58,913 | 62,311 | 59,424 | 70,776 | 73,875 | |||||||||||||||
Capitalized interest credits | (5,000 | ) | (1,934 | ) | (1,980 | ) | (2,116 | ) | (2,896 | ) | ||||||||||
Amortization of capitalized interest | 1,241 | 1,054 | 839 | 624 | 463 | |||||||||||||||
Earnings before income taxes as adjusted | $ | 758,615 | $ | 541,668 | $ | 433,849 | $ | 404,364 | $ | 400,637 | ||||||||||
Ratio of earnings to fixed charges | 12.9 | 8.7 | 7.3 | 5.7 | 5.4 |