EX-12 6 h92673ex12.txt RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12 INTEGRATED ELECTRICAL SERVICES, INC., AND SUBSIDIARIES RATIO OF EARNINGS TO FIXED CHARGES (IN THOUSANDS OF DOLLARS)
YEAR ENDED SEPTEMBER 30, ------------------------------------------------------- 1997 1998 1999 2000 2001 ------- ------- ------- ------- ------- CONSOLIDATED Earnings: Income before income taxes ..................... $ 7,298 $12,638 $83,455 $42,799 $54,381 Fixed charges ................ 283 2,486 14,772 25,925 29,631 ------- ------- ------- ------- ------- $ 7,581 $15,124 $98,227 $68,724 $84,012 ======= ======= ======= ======= ======= Fixed Charges: Interest expense ............. $ 214 $ 1,161 $13,145 $23,230 $26,053 Portion of rental cost Representing interest ..... 69 1,325 1,627 2,695 3,578 ------- ------- ------- ------- ------- $ 283 $ 2,486 $14,772 $25,925 $29,631 ======= ======= ======= ======= ======= Ratio of Earnings to Fixed Charges ................ 26.8 6.1 6.6 2.7 2.8 ======= ======= ======= ======= =======