Carlisle Companies (CSL) 10-Q2013 Q1 Quarterly report

Filed: 24 Apr 13, 12:00am

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Exhibit 12

The following table sets forth the Company’s ratio of earnings to fixed charges for the three months ended March 31, 2013 and the years ended December 31, as indicated:

	Three Months Ended	Year Ended December 31,
	March 31, 2013	2012	2011	2010	2009
Ratio of earnings to fixed charges	7.36	13.45	10.12	14.84	15.26

For purposes of computing the ratio of earnings to fixed charges, earnings are defined as earnings before income taxes from continuing operations, less interest on tax liabilities, plus fixed charges. Fixed charges consist of interest expense (including capitalized interest, but excluding interest on tax liabilities) and the portion of rental expense that is representative of the interest factor.

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