Paccar Financial 10-Q2013 Q3 Quarterly report

Filed: 7 Nov 13, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	7th grade Avg

New words: benchmark, carryforward, Fed, government, Index, Interbank, July, jurisdiction, London, OIS, Overnight, permit, qualifying, redesignated, remove, restriction, SeeLegal, unrecognized

Removed: approximately

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Paccar Financial similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

PACCAR FINANCIAL CORP. - FORM 10-Q

EXHIBIT 12(b)

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

PURSUANT TO THE SUPPORT AGREEMENT

BETWEEN THE COMPANY AND PACCAR

(Millions of Dollars)


	Nine Months Ended September 30
	2013		2012
FIXED CHARGES
Interest expense	$	43.8	$	43.8
Facility and equipment rental		1.1		1.2

TOTAL FIXED CHARGES	$	44.9	$	45.0


EARNINGS
Income before income taxes	$	113.6	$	101.7
Depreciation		155.0		130.8

		268.6		232.5

FIXED CHARGES		44.9		45.0


EARNINGS AS DEFINED	$	313.5	$	277.5


RATIO OF EARNINGS TO FIXED CHARGES		6.98X		6.17X

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.