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EXHIBIT 12
CABOT CORPORATION AND CONSOLIDATED SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
Six Months
Ended Years ended September 30
March 31 ----------------------------------------------------
1995 1994 1993 1992 1991 1990
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Earnings:
Pre-tax income from continuing operations $116,060 $118,325 $ 67,900 $116,599 $ 62,362 $ 63,983
Distributed income of affiliated companies 5,906 5,638 5,988 5,766 4,688 3,607
Add fixed charges:
Interest on indebtedness 18,908 41,668 44,043 41,714 38,661 41,145
Portion of rents representative of
the interest factor 2,674 5,879 4,838 4,933 5,715 5,226
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Income as adjusted $143,548 $171,510 $122,769 $169,012 $111,426 $113,961
Fixed charges:
Interest on indebtedness $ 18,098 $ 41,668 $ 44,043 $ 41,714 $ 38,661 $ 41,145
Capitalized interest _ _ _ 3,963 8,745 _
Portion of rents representative of
the interest factor 2,674 5,879 4,838 4,933 5,715 5,226
------- -------- -------- -------- -------- --------
Total fixed charges $20,772 $ 47,547 $ 48,881 $ 50,610 $ 53,121 $ 46,371
Ratio of earnings to fixed charges 6.91 3.61 2.51 3.34 2.10 2.46
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