EX-12.1 4 mtex12_1.txt STATEMENT
Exhibit 12.1 METTLER TOLEDO INTERNATIONAL INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (AMOUNTS IN THOUSANDS OF DOLLARS) 2003 2002 2001 2000 1999 ---- ---- ---- ---- ---- Earnings before taxes and minority interest.. $ 136,911 $ 110,410 $ 118,434 $ 108,629 $ 79,877 Fixed charges Interest expense.......................... 14,153 17,209 17,162 20,034 21,980 Amortization of debt issuance fees........ 646 636 636 636 636 Rentals (a)............................... 9,405 8,235 6,652 7,477 5,096 Total fixed charges.......................... $ 24,204 $ 26,080 $ 24,450 $ 28,147 $ 27,712 Earnings before taxes, minority interest and fixed charges................................ $ 161,115 $ 136,490 $ 142,884 $ 136,776 $ 107,589 Ratio of earnings to fixed charges........... 6.7 5.2 5.8 4.9 3.9 (a) One-third of rental expense under operating leases (the portion that has been deemed by us to be representative of an interest factor).