EX-12 6 ex12.htm RATIO OF EARNINGS TO FIXED CHARGES Ex 12 2001

                                                               EXHIBIT 12

EMERSON ELECTRIC CO. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in Millions)

 

              YEAR ENDED SEPTEMBER 30,           

 

  

   1997   

   1998   

   1999   

   2000   

  2001    


Earnings:
 Income before income taxes (a)
 Fixed charges



$ 1,821.7 
    176.5 



2,002.3 
    218.2 



2,064.0 
    258.1 



2,212.9 
    359.5 



1,624.3  
   377.3  


    Earnings, as defined

 


$ 1,998.2 


  2,220.5 


  2,322.1 


  2,572.4 


 2,001.6  

 

 

 

 

 

 

 

Fixed Charges:
 Interest expense
 One-third of all rents
  


$   124.2 
     52.3 


161.4 
     56.8 


199.0 
     59.1 


292.4 
     67.1 


304.3  
    73.0  

    Total fixed charges

 

$   176.5 

    218.2 

    258.1 

    359.5 

   377.3  

 

 

 

 

 

 

 


Ratio of Earnings to Fixed Charges


     11.3x


     10.2x


      9.0x


      7.2x


     5.3x 

 

 (a) Represents income before income taxes and minority interests in the income of
     consolidated subsidiaries with fixed charges.