EX-12.1 4 dex121.htm STATEMENT OF COMPUTATION OF RATIOS Statement of Computation of Ratios

Exhibit 12.1

Waste Connections, Inc.

Computation of Earnings to Fixed Charges and

Earnings to Fixed Charges and Preferred Stock Dividends Ratio

(In thousands except ratios)

 

     Year Ended December 31,    6 Months Ended
6/30/2008
     2003    2004    2005    2006    2007   

Earnings:

                 

Income before income taxes

   $ 103,340    $ 115,609    $ 132,588    $ 125,752    $ 158,998    $ 81,302

Plus: fixed charges per below

     33,513      23,999      26,547      32,399      36,657      19,661

Less: capitalized interest per below

     29      167      432      654      206      9

Plus: current period amortization of interest capitalized in prior periods

     9      13      21      30      39      19

Total earnings

   $ 136,833    $ 139,454    $ 158,724    $ 157,527    $ 195,488    $ 100,973

Fixed charges

                 

Interest expense

   $ 31,666    $ 21,724    $ 23,489    $ 28,970    $ 33,430    $ 18,240

Capitalized interest

     29      167      432      654      206      9

Interest portion of rent expense

     1,818      2,108      2,626      2,775      3,021      1,412

Total fixed charges

   $ 33,513    $ 23,999    $ 26,547    $ 32,399    $ 36,657    $ 19,661

Ratio of earnings to fixed charges

     4.1      5.8      6.0      4.9      5.3      5.1