EX-12 2 a2187181zex-12.htm EXHIBIT 12
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Exhibit 12


IRON MOUNTAIN INCORPORATED

STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in thousands)

 
  Year Ended December 31,    
 
 
  Six Months
Ended
June 30, 2008
 
 
  2003   2004   2005   2006   2007  

Earnings:

                                     
 

Income from Continuing Operations before Provision for Income Taxes and Minority Interest

  $ 156,989   $ 166,735   $ 197,018   $ 224,218   $ 223,024   $ 112,943  
     

Add: Fixed Charges

    195,258     240,270     245,431     264,211     308,871     164,161  
                           

  $ 352,247   $ 407,005   $ 442,449   $ 488,429   $ 531,895   $ 277,104  
                           

Fixed Charges:

                                     
 

Interest Expense, Net

  $ 150,468   $ 185,749   $ 183,584   $ 194,958   $ 228,593   $ 119,776  
 

Interest Portion of Rent Expense

    44,790     54,521     61,847     69,253     80,278     44,385  
                           

  $ 195,258   $ 240,270   $ 245,431   $ 264,211   $ 308,871   $ 164,161  
                           

Ratio of Earnings to Fixed Charges

    1.8 x   1.7 x   1.8 x   1.8 x   1.7 x   1.7 x



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IRON MOUNTAIN INCORPORATED STATEMENT OF THE CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands)