EX-12 3 arm-1q_05ex12.htm EARNINGS TO FIXED CHARGES

ArvinMeritor, Inc.
Computation of Earnings to Fixed Charges
Three Months Ended December 31, 2004

 
 
 
         
Earnings Available for Fixed Charges:        
          
   Pre-tax income from continuing operations   $14  
          
Adjustments:       
   Equity in earnings (losses) of affiliates plus        
   dividends from affiliates    (4 )

       10  
Add fixed charges included in earnings:       
   Interest expense    28  
   Interest element of rentals    3  

     Total    31  

          
   Total earnings available for fixed charges:   $41  

          
   Fixed charges included in earnings   $31  
   Capitalized interest      

   Total fixed charges   $31  

          
   Ratio of Earnings to Fixed Charges (1)    1.32

1 = “Earnings” are defined as pre-tax income from continuing operations, adjusted for undistributed earnings of less than majority owned subsidiaries and fixed charges excluding capitalized interest. “Fixed charges” are defined as interest on borrowings (whether expensed or capitalized), the portion of rental expense applicable to interest, and amortization of debt issuance costs.