Exhibit 12 AMETEK, INC. STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN THOUSANDS) 2005 2004 2003 2002 2001 --------- ---------- ----------- ---------- ---------- EARNINGS: Net income $ 140,643 $ 112,711 $ 87,815 $ 83,698 $ 66,111 Income tax expense 63,565 53,068 42,272 39,200 18,251 Interest expense - gross 33,103 28,343 26,063 25,498 28,505 Capitalized interest (190) -- (46) (317) (592) Interest portion of rental expense 4,843 3,757 2,998 2,839 2,982 --------- ---------- ----------- ---------- ---------- Adjusted earnings $ 241,964 $ 197,879 $ 159,102 $ 150,918 $ 115,257 ========= ========== =========== ========== ========== FIXED CHARGES: Interest expense, net of capitalized interest $ 32,913 $ 28,343 $ 26,017 $ 25,181 $ 27,913 Capitalized interest 190 -- 46 317 592 Interest portion of rental expense 4,843 3,757 2,998 2,839 2,982 --------- ---------- ----------- ---------- ---------- Fixed charges $ 37,946 $ 32,100 $ 29,061 $ 28,337 $ 31,487 ========= ========== =========== ========== ========== --------- ---------- ----------- ---------- ---------- RATIO OF ADJUSTED EARNINGS TO FIXED CHARGES 6.4x 6.2x 5.5x 5.3x 3.7x ========= ========== =========== ========== ==========