EX-12 2 d791769dex12.htm EX-12 EX-12

Exhibit 12

RPM

RATIO OF EARNINGS TO FIXED CHARGES

Periods Ended May 31, 2010 through 2014

 

     3 Months  Ended
August 31, 2014		      Year Ended May 31,  
        2014      2013      2012      2011      2010  

Ratio of Earnings to Fixed Charges 1

      7.21         5.34        2.86        4.84        4.72        4.67  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

 

1       Calculated as follows

   

(income before income taxes)

+ (fixed charges)

   (fixed charges)

Fixed charges consist of interest expense, amortized expenses related to debt and an estimate of the interest portion of rental expense.

 

     3 Months  Ended
August 31, 2014		      Year Ended May 31,  
(All numbers in thousands)       2014      2013      2012      2011      2010  

Income before income tax

      148,078        424,487        176,891        328,289        295,053        268,454  

Fixed charges

      23,848        97,918        95,346        85,579        79,227        73,207  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total

      171,926        522,405        272,237        413,868        374,280        341,661