EXHIBIT 12 Benchmark Electronics, Inc. Ratio of Earnings to Fixed Charges (Dollars in thousands) 2000 1999 1998 1997 1996 Earnings: ---- ---- ---- ---- ---- Income before income taxes and extraordinary item $28,430 20,276 26,890 23,952 14,483 Fixed charges 28,304 11,637 5,346 2,984 1,774 Income before income taxes, ------ ------ ------ ------ ------ extraordinary item and fixed charges 56,734 31,913 32,236 26,936 16,257 ====== ====== ====== ====== ====== Fixed Charges: Amortization of debt issuance costs 1,609 570 122 60 25 Interest expense 22,787 9,696 4,393 2,472 1,442 Interest component of rental expense 3,908 1,371 831 452 307 Total fixed charges ------ ------ ----- ----- ----- $28,304 11,637 5,346 2,984 1,774 ====== ====== ===== ===== ===== Earnings to fixed charges ratio 2.00x 2.74x 6.03x 9.03x 9.16x