Free signup for more
- Track your favorite companies
- Receive email alerts for new filings
- Personalized dashboard of news and more
- Access all data and search results
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Avg
|
New words:
aided, albeit, Alcan, Alliance, AML, ancillary, AOCL, Argentine, assimilation, attention, Baie, basic, Batavia, Bellevue, Brampton, brewery, BTIC, career, Carolina, carryforward, central, championship, Columbia, compression, constrained, coupled, Cup, derecognized, destroy, diesel, disputed, diversification, Dow, driven, Emerging, FIN, fire, flavored, frequency, graph, harvest, Hassloch, HDP, Hermsdorf, hosting, household, inadvertently, interruption, London, metric, mortality, Neenah, Nelson, neutral, Newark, nonvested, outpace, overfunded, pail, peso, polypropylene, portability, preclude, preliminary, promotion, promulgated, properly, Qualitative, quantifying, Quantitative, radio, realigning, realignment, rebuild, reconstruction, redundant, Reidsville, reintroduction, remitted, retrospective, retrospectively, Richmond, scheme, sizeable, soccer, south, strength, structure, surcharge, threshold, treated, underfunded, understated, undisclosed, uniform, unrecognized, USCan, valuable, Whitby, withdrawn
Removed:
aggressive, antenna, appeal, attainment, Bavaria, Bundesverfassungsgericht, confirmed, Constitutional, contesting, deep, headed, implementation, lack, Oberverwaltungsgericht, posting, proceeding, processed, reach, schedule, shipped, Sr, steering, Suspension, suspensive, Tennessee, TRW, Verwaltungsgericht, video, violated, west
Filing tables
Filing exhibits
Related press release
BALL similar filings
Filing view
External links
Exhibit 12
Ball Corporation and Subsidiaries
Ratio of Earnings to Fixed Charges
($ in millions) | 2006 | 2005 | 2004 | 2003 | 2002 | |||||||||||
Earnings before taxes (a) | $ | 446.9 | $ | 363.6 | $ | 445.9 | $ | 323.5 | $ | 224.4 | ||||||
Plus: | ||||||||||||||||
Interest expensed and capitalized | 142.5 | 121.7 | 105.8 | 144.2 | 83.2 | |||||||||||
Interest expense within rent | 27.7 | 25.6 | 24.8 | 22.6 | 17.1 | |||||||||||
Amortization of capitalized interest | 2.9 | 2.9 | 1.8 | 1.9 | 2.0 | |||||||||||
Distributed income of equity investees | 6.0 | 11.6 | 8.4 | 4.5 | – | |||||||||||
Less: | ||||||||||||||||
Interest capitalized | (8.1 | ) | (5.3 | ) | (2.1 | ) | (3.1 | ) | (2.4 | ) | ||||||
Adjusted earnings (a) | $ | 634.1 | $ | 520.1 | $ | 584.6 | $ | 493.6 | $ | 324.3 | ||||||
Fixed charges (b) | 170.2 | 147.3 | 130.6 | 166.8 | 100.3 | |||||||||||
Ratio of earnings to fixed charges | 3.6x | 3.5x | 4.5x | 3.0x | 3.2x |
(a) | Amounts have been retrospectively adjusted for the company’s change in 2006 from the last-in, first-out method of inventory accounting to the first-in, first-out method. |
(b) | Fixed charges include interest expensed and capitalized as well as interest expense within rent. |