EX-12 6 h10818exv12.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, --------------------------------------------------- 1999 2000 2001 2002 2003 ------- ------- ------- ------- ------- CONSOLIDATED Earnings: Income before income taxes and cumulative effect of change in accounting principle .. $83,455 $42,799 $54,381 $16,108 $28,609 Fixed charges .......... 14,772 25,925 29,631 30,006 28,945 ------- ------- ------- ------- ------- $98,227 $68,724 $84,012 $46,114 $57,554 ======= ======= ======= ======= ======= Fixed Charges: Interest expense ....... $13,145 $23,230 $26,053 $26,702 $25,744 Portion of rental cost representing interest . 1,627 2,695 3,578 3,304 3,201 ------- ------- ------- ------- ------- $14,772 $25,925 $29,631 $30,006 $28,945 ======= ======= ======= ======= ======= Ratio of Earnings to Fixed Charges ........... 6.6 2.7 2.8 1.5 2.0 ======= ======= ======= ======= =======