EX-12 6 dex12.txt STATEMENT OF VISHAY INTERTECHNOLOGY, INC EXHIBIT 12 VISHAY INTERTECHNOLOGY, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES ($ in thousands)
Six Months Ended Earnings: June 30, 2001 2000 1999 1998 1997 1996 ---- ---- ---- ---- ---- ---- Income before minority interest and income taxes ..... $ 128,168 $ 690,225 $ 134,711 $ 42,646 $ 89,561 $ 70,846 Fixed charges ........................................ 11,449 33,792 61,290 57,384 22,331 20,979 Less equity in net income of affiliate ............... 0 (2,573) 2,195 1,084 1,090 318 --------- --------- --------- --------- --------- --------- Earnings, as adjusted ................................ $ 139,617 $ 721,444 $ 193,806 $ 98,946 $ 110,802 $ 91,507 ========= ========= ========= ========= ========= ========= Fixed Charges: Interest expense ..................................... $ 6,949 $ 25,177 $ 53,296 $ 49,038 $ 18,819 $ 17,408 Portion of rent expense representative of interest ... 3,572 7,143 7,130 7,901 3,138 3,226 Amortization of deferred issue costs ................. 928 1,472 864 445 374 345 --------- --------- --------- --------- --------- --------- Total fixed charges .................................. $ 11,449 $ 33,792 $ 61,290 $ 57,384 $ 22,331 $ 20,979 ========= ========= ========= ========= ========= ========= Ratio of earnings to fixed charges ................... 12.20 21.35 3.16 1.72 4.96 4.36 ========= ========= ========= ========= ========= =========