Exhibit 12
COOPER INDUSTRIES PLC
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollar Amounts in Thousands)
(Unaudited)
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollar Amounts in Thousands)
(Unaudited)
Six Months Ended | ||||||||||||||||||||||||||||
June 30, | Year Ended December 31, | |||||||||||||||||||||||||||
2010 | 2009 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||||
Interest Expense | $ | 24,800 | $ | 32,500 | $ | 64,200 | $ | 70,400 | $ | 51,000 | $ | 51,500 | $ | 64,800 | ||||||||||||||
Estimated Interest Portion of Rent Expense | 7,605 | 6,767 | 14,284 | 14,058 | 12,132 | 10,168 | 10,583 | |||||||||||||||||||||
Fixed Charges | $ | 32,405 | $ | 39,267 | $ | 78,484 | $ | 84,458 | $ | 63,132 | $ | 61,668 | $ | 75,383 | ||||||||||||||
Income From Continuing Operations Before Income Taxes | $ | 183,900 | $ | 199,800 | $ | 482,700 | $ | 807,200 | $ | 826,200 | $ | 647,700 | $ | 495,000 | ||||||||||||||
Add: Fixed Charges | 32,405 | 39,267 | 78,484 | 84,458 | 63,132 | 61,668 | 75,383 | |||||||||||||||||||||
Less: Equity in (Earnings)/Losses of Less Than 50% Owned Companies | — | — | — | 7,765 | (265 | ) | (724 | ) | (1,328 | ) | ||||||||||||||||||
Earnings Before Fixed Charges | $ | 216,305 | $ | 239,067 | $ | 561,184 | $ | 899,423 | $ | 889,067 | $ | 708,644 | $ | 569,055 | ||||||||||||||
Ratio of Earnings to Fixed Charges | 6.7 | x | 6.1 | x | 7.2 | x | 10.6 | x | 14.1 | x | 11.5 | x | 7.5 | x |