Silgan (SLGN) 10-Q 2013 Q2 Quarterly report

Exhibit 12

SILGAN HOLDINGS INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Unaudited)

The following table sets forth Silgan Holdings Inc.’s computation of its ratio of earnings to fixed charges for the periods presented:

	Three Months Ended				Six Months Ended
	June 30,		June 30,		June 30,		June 30,
	2013		2012		2013		2012
	(Dollars in thousands)
Earnings before fixed charges:
Income before income taxes	$	59,460	$	13,907	$	100,167	$	64,080
Interest and other debt expense (1)	15,445		54,732		32,862		70,322
Interest portion of rental expense	139		127		228		274
Earnings before fixed charges	$	75,044	$	68,766	$	133,257	$	134,676
Fixed charges:
Interest and other debt expense (1)	$	15,445	$	54,732	$	32,862	$	70,322
Interest portion of rental expense	139		127		228		274
Capitalized interest	58		62		147		129
Total fixed charges	$	15,642	$	54,921	$	33,237	$	70,725
Ratio of earnings to fixed charges	4.80		1.25		4.01		1.90

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⁽¹⁾ Includes a loss on early extinguishment of debt of $2.1 million for the six months ended June 30, 2013 and $38.7 million for each of the three and six months ended June 30, 2012.