United Rentals S-4 Registration of securities issued in business combination transactions

EXHIBIT 12(a)

UNITED RENTALS, INC.

STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

	Year Ended December 31									Three Months Ended March 31,
	1998		1999		2000		2001	2002(2)		2002	2003(3)
	(dollars in thousands)
Earnings:
Income before provision for income taxes and extraordinary items	$	78,297	$	241,807	$	301,496	$214,550	$(101,384	)	$12,432	$(14,300	)
Interest expense		64,157		139,828		228,779	221,563	195,961		49,983	50,975
Amortization of debt issuance costs		1,423		4,154		6,880	9,468	10,080		2,462	2,907
Interest portion of rent expense (1)		6,834		21,833		45,224	55,739	61,742		14,090	15,098
Earnings as adjusted	$	150,711	$	407,622	$	582,379	$501,320	$166,399		$78,967	$54,680
Fixed charges:
Interest expense	$	64,157	$	139,828	$	228,779	$221,563	$195,961		$49,983	$50,975
Amortization of debt issuance costs		1,423		4,154		6,880	9,468	10,080		2,462	2,907
Interest portion of rent expense(1)		6,834		21,833		45,224	55,739	61,742		14,090	15,098
Fixed charges	$	72,414	$	165,815	$	280,883	$286,770	$267,783		$66,535	$68,980
Ratio of earnings to fixed charges		2.1x		2.5x		2.1x	1.7x	0.6x		1.2x	0.8x

⁽¹⁾ The interest portion of rent expense is estimated to be one-third of rent expense.

⁽²⁾ The ratio for the year 2002 was less than 1x. The amount of the deficiency was approximately $101.4 million.

⁽³⁾ The ratio for the first three months of 2003 was less than 1x. The amount of the deficiency was approximately $14.3 million.