EX-12 5 a2208952zex-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,   Three Months Ended
March 31,
 
 
  2007   2008   2009   2010   2011   2011   2012  

Earnings:

                                           

Income from Continuing Operations before Provision for Income Taxes

  $ 243,161   $ 240,766   $ 345,279   $ 334,222   $ 352,900   $ 97,940   $ 86,333  

Add: Fixed Charges

    292,435     309,991     292,860     284,052     286,241     68,962     78,731  
                               

  $ 535,596   $ 550,757   $ 638,139   $ 618,274   $ 639,141   $ 166,902   $ 165,064  
                               

Fixed Charges:

                                           

Interest Expense, Net

  $ 214,147   $ 219,989   $ 212,545   $ 204,559   $ 205,256   $ 48,618   $ 58,784  

Interest Portion of Rent Expense

    78,288     90,002     80,315     79,493     80,985     20,344     19,947  
                               

  $ 292,435   $ 309,991   $ 292,860   $ 284,052   $ 286,241   $ 68,962   $ 78,731  
                               

Ratio of Earnings to Fixed Charges

    1.8x     1.8x     2.2x     2.2x     2.2x     2.4x     2.1x  



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