The Timken Company (TKR) 10-Q2011 Q2 Quarterly report

Filed: 4 Aug 11, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: accretive, application, ASU, ball, cautioned, chart, consecutive, decision, employing, Endorsia, extend, foot, healthcare, highway, ICS, King, list, marine, peak, Pennsylvania, people, Philadelphia, prospective, Prussia, quantity, reliance, retiree, retrospective, seal, single, site, SKF, slight, speak, square, strongly, tapered, Topic, trailing, UltraWind, uncertainty, undue, VEBA, Voluntary

Removed: antidilutive, China, demanding, document, engineered, February, important, inclusion, India, middle, option, percent, repurchasing, SEC, softening, tangible, worth

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

TKR similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

EXHIBIT 12

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions, except ratio amounts)


	Six Months Ended June 30,				Years Ended December 31,
	2011		2010		2010			2009			2008			2007		2006

Income (loss) from continuing operations before tax		355.0		194.8		405.5			(94.2	)		439.6			264.7		208.6
Share of undistributed (losses) income from 50%-or-less-owned affiliates, excluding affiliates with guaranteed debt		0.3		—		(0.2	)		0.9			(1.4	)		1.3		5.7
Amortization of capitalized interest		1.0		1.5		2.0			1.9			1.8			1.4		1.2
Interest expense		19.1		19.6		38.2			41.9			44.4			42.3		49.0
Interest portion of rental expense		3.6		4.0		8.0			8.5			8.7			7.5		5.0

Earnings (loss)		379.0		219.9		453.5			(41.0	)		493.1			317.2		269.5


Interest		19.3		19.8		38.9			43.7			47.4			48.0		52.3
Interest portion of rental expense		3.6		4.0		8.0			8.5			8.7			7.5		5.0

Fixed Charges		22.9		23.8		46.9			52.2			56.1			55.5		57.3


Ratio of Earnings to Fixed Charges		16.55		9.24		9.67			(0.79	)		8.79			5.72		4.70

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.