EXHIBIT 12 CONMED Corporation Statement Showing Computations of Ratio of Earnings to Fixed Charges 1996 1997 1998 1999 2000 ------- ------- -------- ------- ------- Income (loss) before income taxes and extraordinary item................................ $25,447 $(10,705) $ 30,276 $42,436 $30,178 Interest expense........................ 217 - 30,891 32,360 34,286 Portion of rentals representative of interest factor.............................. 108 147 875 978 1,114 ------- ------- -------- ------- ------- Total earnings available for fixed charges....................... $25,772 $(10,558) $ 62,042 $75,774 $65,578 ======= ======== ======== ======= ======= Interest expense........................ $ 217 $ - $ 30,891 $32,360 $34,286 Portion of rentals representative of interest factor.............................. 108 147 875 978 1,114 ------- ------- -------- ------- ------- Total fixed charges..................... $ 325 $ 147 $ 31,766 $33,338 $35,400 ======= ======= ======== ======= ======= Ratio of earnings to fixed charges....................... 79.30 (A) 1.95 2.27 1.85 ======= ======= ======== ======= ======= (A) As a result of the loss incurred in 1997, the Company was unable to fully cover the indicated fixed charges.