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New words:
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Removed:
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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 10.1 Form of Executive Agreement Dated As of November 1, 2007
- 10.2 Form of Executive Cic Agreement Dated As of November 1, 2007
- 12 Computation of Ratio of Earnings to Fixed Charges
- 31.1 Section 302 CEO Certification
- 31.2 Section 302 CFO Certification
- 32 Section 906 Ceo/cfo Certification
Related press release
OLN similar filings
Filing view
External links
Exhibit 12
OLIN CORPORATION AND CONSOLIDATED SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(In millions)
(Unaudited
Nine Months Ended September 30, | ||||||||
2007 | 2006 | |||||||
Earnings: | ||||||||
Income from continuing operations before taxes | $ | 105.3 | $ | 131.8 | ||||
Add (deduct): | ||||||||
Equity in income of non-consolidated affiliates | (34.4 | ) | (37.1 | ) | ||||
Amortization of capitalized interest | — | — | ||||||
Fixed charges as described below | 22.4 | 21.5 | ||||||
Total | $ | 93.3 | $ | 116.2 | ||||
Fixed Charges: | ||||||||
Interest expensed | $ | 15.9 | $ | 15.3 | ||||
Estimated interest factor in rent expense(1) | 6.5 | 6.2 | ||||||
Total | $ | 22.4 | $ | 21.5 | ||||
Ratio of earnings to fixed charges | 4.2 | 5.4 |
(1) Amounts represent those portions of rent expense that are reasonable approximations of interest costs.