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EXHIBIT 12
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
Statement Re Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in thousands)
Years ended September 30
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1994 1993 1992 1991 1990
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Earnings:
Pre-tax income from continuing operations $118,325 $ 67,900 $116,599 $ 62,362 $ 63,983
Distributed income of affiliated companies 5,638 5,988 5,766 4,688 3,607
Add fixed charges:
Interest on indebtedness 41,668 44,043 41,714 38,661 41,145
Portion of rents representative of the
interest factor 5,879 4,838 4,933 5,715 5,226
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Income as adjusted $171,510 $122,769 $169,012 $111,426 $113,961
Fixed Charges:
Interest on indebtedness $ 41,668 $ 44,043 $ 41,714 $ 38,661 $ 41,145
Capitalized interest -- -- 3,963 8,745 --
Portion of rents representative of
the interest factor 5,879 4,838 4,933 5,715 5,226
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Total fixed charges $ 47,547 $ 48,881 $ 50,610 $ 53,121 $ 46,371
Ratio of earnings to fixed charges 3.61 2.51 3.34 2.10 2.46
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