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)
Three Months Ended | ||||||||||||||||||||||||||||
March 31, | Year Ended December 31, | |||||||||||||||||||||||||||
2011 | 2010 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||||
Interest Expense | $ | 17,340 | $ | 12,800 | $ | 51,450 | $ | 64,200 | $ | 70,400 | $ | 51,000 | $ | 51,500 | ||||||||||||||
Estimated Interest Portion of Rent Expense | 3,500 | 3,787 | 14,800 | 14,284 | 14,058 | 12,132 | 10,168 | |||||||||||||||||||||
Fixed Charges | $ | 20,840 | $ | 16,587 | $ | 66,250 | $ | 78,484 | $ | 84,458 | $ | 63,132 | $ | 61,668 | ||||||||||||||
Income From Continuing Operations Before Income Taxes | $ | 181,300 | $ | 146,800 | $ | 530,100 | $ | 482,700 | $ | 807,200 | $ | 826,200 | $ | 647,700 | ||||||||||||||
Add: Fixed Charges | 20,840 | 16,587 | 66,250 | 78,484 | 84,458 | 63,132 | 61,668 | |||||||||||||||||||||
Distributed income of Equity Investees | 5,362 | — | — | — | — | — | — | |||||||||||||||||||||
Less: Equity in (Income)/Losses of Equity Investees | (14,475 | ) | — | (22,768 | ) | — | 7,765 | (265 | ) | (724 | ) | |||||||||||||||||
Earnings Before Fixed Charges | $ | 193,027 | $ | 163,387 | $ | 573,582 | $ | 561,184 | $ | 899,423 | $ | 889,067 | $ | 708,644 | ||||||||||||||
Ratio of Earnings to Fixed Charges | 9.3 | x | 9.9 | x | 8.7 | x | 7.2 | x | 10.6 | x | 14.1 | x | 11.5 | x |