Exhibit 12
COOPER INDUSTRIES PLC
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
(Dollar Amounts in Thousands)
(Unaudited)
Six Months Ended June 30, | Year Ended December 31, | |||||||||||||||||||||||||||
2012 | 2011 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||||||
Interest Expense | $ | 31,450 | $ | 35,420 | $ | 69,150 | $ | 51,450 | $ | 64,200 | $ | 70,400 | $ | 51,000 | ||||||||||||||
Estimated Interest Portion of Rent Expense | 7,300 | 6,985 | 14,000 | 14,800 | 14,284 | 14,058 | 12,132 | |||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Fixed Charges | $ | 38,750 | $ | 42,405 | $ | 83,150 | $ | 66,250 | $ | 78,484 | $ | 84,458 | $ | 63,132 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Income From Continuing Operations Before Income Taxes | $ | 426,900 | $ | 380,700 | $ | 757,200 | $ | 530,100 | $ | 482,700 | $ | 807,200 | $ | 826,200 | ||||||||||||||
Add: Fixed Charges | 38,750 | 42,405 | 83,150 | 66,250 | 78,484 | 84,458 | 63,132 | |||||||||||||||||||||
Distributed income of Equity Investees | 6,925 | 12,350 | 48,366 | — | — | — | — | |||||||||||||||||||||
Less: Equity in (Income)/Losses of Equity Investees | (32,375 | ) | (28,935 | ) | (66,780 | ) | (22,768 | ) | — | 7,765 | (265 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Earnings Before Fixed Charges | $ | 440,200 | $ | 406,520 | $ | 821,936 | $ | 573,582 | $ | 561,184 | $ | 899,423 | $ | 889,067 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||||||||||||||
Ratio of Earnings to Fixed Charges | 11.4x | 9.6x | 9.9x | 8.7x | 7.2x | 10.6x | 14.1x |