EX-12.1 2 dex121.htm EXHIBIT 12.1 Exhibit 12.1

Exhibit 12.1

Danaher Corporation

Statement Regarding Computation of Ratio of Earnings to Fixed Charges

(In Thousands, except ratio data)

 

     Full Year    3 Months
Ended
     2002    2003    2004    2005    2006    March 30, 2007

Fixed Charges

                 

Gross Interest Expense

   $ 53,926    $ 59,049    $ 54,984    $ 44,933      79,829      27,453

Interest Element of Rental Expense

     8,960      9,460      9,672      10,744      12,369      2,766
                                         

Total Fixed Charges

   $ 62,886    $ 68,509    $ 64,656    $ 55,677    $ 92,198    $ 30,219
                                         

Earnings Available for

                 

Fixed Charges:

                 

Earnings before (a) income

                 

taxes, and (b) accounting changes

                 

and reduction of income tax

   $ 657,468    $ 797,035    $ 1,057,717    $ 1,234,442      1,446,172      348,769

reserves related to previously

                 

discontinued operation.

                 

Add fixed charges

     62,886      68,509      64,656      55,677      92,198      30,219
                                         

Total Earnings Available for Fixed Charges

   $ 720,354    $ 865,544    $ 1,122,373    $ 1,290,119    $ 1,538,370    $ 378,988

Ratio of Earnings to Fixed Charges

     11.5      12.6      17.4      23.2      16.7      12.5
                                         

NOTE:    These Ratios include Danaher Corporation and its consolidated subsidiaries. The ratio of earnings to fixed charges was computed by dividing earnings by fixed charges for the periods indicated, where “earnings” consist of (1) earnings before (a) income taxes, and (b) accounting changes and reduction of income tax reserves related to discontinued operations, plus (2) fixed charges, and “fixed charges” consist of (A) interest, whether expensed or capitalized, on all indebtedness, (B) amortization of premiums, discounts and capitalized expenses related to indebtedness, and (C) an interest component representing the estimated portion of rental expense that management believes is attributable to interest.