Exhibit 12.1
Danaher Corporation
Statement Regarding Computation of Ratio of Earnings to Fixed Charges
(In Thousands, except ratio data)
| Full Year | 6 Months Ended | |||||||||||
| 2001 | 2002 | 2003 | 2004 | 2005 | June 30, 2006 | |||||||
Fixed charges | ||||||||||||
Gross Interest Expense | 48,147 | 53,926 | 59,049 | 54,984 | 44,933 | 27,275 | ||||||
Interest Element of Rental Expense | 6,342 | 8,960 | 9,460 | 9,672 | 10,744 | 4,753 | ||||||
Total Fixed Charges | 54,489 | 62,886 | 68,509 | 64,656 | 55,677 | 32,028 | ||||||
Earnings Available for Fixed Charges: | ||||||||||||
Earnings before (a) income taxes, and (b) accounting changes and reduction of income tax reserves related to previously discontinued operation | 476,264 | 657,468 | 797,035 | 1,057,717 | 1,234,442 | 656,909 | ||||||
Add fixed charges | 54,489 | 62,886 | 68,509 | 64,656 | 55,677 | 32,028 | ||||||
Total Earnings available for fixed charges | 530,753 | 720,354 | 865,544 | 1,122,373 | 1,290,119 | 688,937 | ||||||
Ratio of earnings to fixed charges | 9.7 | 11.5 | 12.6 | 17.4 | 23.2 | 21.5 | ||||||
NOTE: These Ratios include Danaher Corporation and its consolidated subsidiaries. The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges for the periods indicated, where “earnings” consist of (1) earnings before (a) income taxes, and (b) accounting changes and reduction of income tax reserves related to discontinued operations, plus (2) fixed charges, and “fixed charges” consist of (A) interest, whether expensed or capitalized, on all indebtedness, (B) amortization of premiums, discounts and capitalized expenses related to indebtedness, and (C) an interest component representing the estimated portion of rental expense that management believes is attributable to interest.