Exhibit 12
COOPER INDUSTRIES, LTD.
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollar Amounts in Thousands)
(Unaudited)
(Dollar Amounts in Thousands)
(Unaudited)
| Six Months Ended | ||||||||||||||||||||||||||||
| June 30, | Year Ended December 31, | |||||||||||||||||||||||||||
| 2005 | 2004 | 2004 | 2003 | 2002 | 2001 | 2000 | ||||||||||||||||||||||
| Interest Expense | $ | 35,500 | $ | 34,300 | $ | 68,100 | $ | 74,100 | $ | 74,500 | $ | 84,700 | $ | 100,300 | ||||||||||||||
| Capitalized Interest | — | — | — | — | — | 1,462 | 3,946 | |||||||||||||||||||||
| Estimated Interest Portion of Rent Expense | 5,219 | 5,617 | 11,666 | 12,183 | 14,679 | 13,369 | 15,614 | |||||||||||||||||||||
| Fixed Charges | $ | 40,719 | $ | 39,917 | $ | 79,766 | $ | 86,283 | $ | 89,179 | $ | 99,531 | $ | 119,860 | ||||||||||||||
| Income From Continuing Operations Before Income Taxes | $ | 235,800 | $ | 202,000 | $ | 428,500 | $ | 346,500 | $ | 280,200 | $ | 316,400 | $ | 549,900 | ||||||||||||||
| Add: Fixed Charges | 40,719 | 39,917 | 79,766 | 86,283 | 89,179 | 98,069 | 115,914 | |||||||||||||||||||||
| Less: Equity in (Earnings) / Losses of Less Than 50% Owned Companies | (612 | ) | (1,535 | ) | (2,903 | ) | (2,534 | ) | (2,969 | ) | (2,922 | ) | (3,367 | ) | ||||||||||||||
| Earnings Before Fixed Charges | $ | 275,907 | $ | 240,382 | $ | 505,363 | $ | 430,249 | $ | 366,410 | $ | 411,547 | $ | 662,447 | ||||||||||||||
| Ratio of Earnings to Fixed Charges | 6.8x | 6.0x | 6.3x | 5.0x | 4.1x | 4.1x | 5.5x | |||||||||||||||||||||