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 Nine Months Ended
------------------ -----------------
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2006 2005 2006 2005
---- ---- ---- ----
(Dollars in thousands)
Earnings before fixed charges:
Income before income taxes $69,011 $73,476 $123,029 $119,637
Interest and other debt expense 17,920 12,618 43,369 49,568
Interest portion of rental expense 382 262 1,086 771
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Earnings before fixed charges $87,313 $86,356 $167,484 $169,976
======= ======= ======== ========
Fixed charges:
Interest and other debt expense $17,920 $12,618 $ 43,369 $ 49,568
Interest portion of rental expense 382 262 1,086 771
Capitalized interest 437 332 1,213 903
------- ------- -------- --------
Total fixed charges $18,739 $13,212 $ 45,668 $ 51,242
======= ======= ======== ========
Ratio of earnings to fixed charges 4.66 6.54 3.67 3.32