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,
2009 2008 2009 2008
---- ---- ---- ----
(Dollars in thousands)
Earnings before fixed charges:
Income before income taxes $114,146 $84,537 $209,443 $168,207
Interest and other debt expense 13,724 15,100 37,050 46,215
Interest portion of rental expense 91 272 281 869
-------- ------- -------- --------
Earnings before fixed charges $127,961 $99,909 $246,774 $215,291
======== ======= ======== ========
Fixed charges:
Interest and other debt expense $ 13,724 $15,100 $ 37,050 $ 46,215
Interest portion of rental expense 91 272 281 869
Capitalized interest 98 487 269 1,708
-------- ------- -------- --------
Total fixed charges $ 13,913 $15,859 $ 37,600 $ 48,792
======== ======= ======== ========
Ratio of earnings to fixed charges 9.20 6.30 6.56 4.41