EX-12 3 a2199654zex-12.htm EX-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, 2009 		  Six Months
Ended
June 30, 2010 		 
 
   2005   2006   2007   2008   2009  

Earnings:

                                            
 

Income before Provision for Income Taxes

   $ 197,018   $ 224,218   $ 223,024   $ 224,867   $ 332,833   $ 159,794   $ 157,480  
 

Add: Fixed Charges

     245,431     264,211     308,871     330,088     311,474     151,358     154,448  
                               

  $ 442,449   $ 488,429   $ 531,895   $ 554,955   $ 644,307   $ 311,152   $ 311,928  
                               

Fixed Charges:

                                            
 

Interest Expense, Net

   $ 183,584   $ 194,958   $ 228,593   $ 236,635   $ 227,790   $ 110,696   $ 112,807  
 

Interest Portion of Rent Expense

     61,847     69,253     80,278     93,453     83,684     40,662     41,641  
                               

  $ 245,431   $ 264,211   $ 308,871   $ 330,088   $ 311,474   $ 151,358   $ 154,448  
                               

Ratio of Earnings to Fixed Charges

     1.8x     1.8x     1.7x     1.7x     2.1x     2.1x     2.0x  



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