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Filing tables
Filing exhibits
- 10-Q Quarterly report
- 3 EX-3(A) Amended Articles of Incorporation
- 10 EX-10(A) Amendment to the 2006 Gainsharing Plan
- 10 EX-10(B) Agreement Dated April 7, 2006
- 12 EX-12 Computation of Earnings
- 31 EX-31(A) Certification of CEO
- 31 EX-31(B) Certification of CFO
- 32 EX-32(A) Certification of CEO Per Section 906
- 32 EX-32(B) Certification of CFO Per Section 906
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Exhibit No. 12
THE PROGRESSIVE CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(millions)
(unaudited)
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(millions)
(unaudited)
Three Months Ended | ||||||||
March 31, | ||||||||
2006 | 2005 | |||||||
Income before income taxes | $ | 647.5 | $ | 614.7 | ||||
Fixed Charges: | ||||||||
Interest and amortization on indebtedness | 21.0 | 21.0 | ||||||
Portion of rents representative of the interest factor | 5.4 | 2.8 | ||||||
Total fixed charges | 26.4 | 23.8 | ||||||
Interest capitalized, net of amortized interest | (.4 | ) | — | |||||
Total income available for fixed charges | $ | 673.5 | $ | 638.5 | ||||
Ratio of earnings to fixed charges | 25.5 | 26.8 | ||||||