EX-12 4 a2219921zex-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,
 
 
  2009   2010   2011   2012   2013   2013   2014  

Earnings:

                                           

Income from Continuing Operations before Provision for Income Taxes

  $ 345,279   $ 334,222   $ 352,900   $ 298,366   $ 163,018   $ 56,921   $ 74,446  

Add: Fixed Charges

    292,860     284,052     286,241     326,261     335,637     83,216     88,292  
                               

  $ 638,139   $ 618,274   $ 639,141   $ 624,627   $ 498,655   $ 140,137   $ 162,738  
                               
                               

Fixed Charges:

                                           

Interest Expense, Net

  $ 212,545   $ 204,559   $ 205,256   $ 242,599   $ 254,174   $ 63,182   $ 62,312  

Interest Portion of Rent Expense

    80,315     79,493     80,985     83,662     81,463     20,034     25,980  
                               

  $ 292,860   $ 284,052   $ 286,241   $ 326,261   $ 335,637   $ 83,216   $ 88,292  
                               
                               

Ratio of Earnings to Fixed Charges

    2.2x     2.2x     2.2x     1.9x     1.5x     1.7x     1.8x  



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