EX-12 4 dex12.htm STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Statement of Computation of Ratios of Earnings to Fixed Charges

Exhibit: 12

FMC CORPORATION

STATEMENT OF COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 

(in Millions, Except Ratios)    Three Months
Ended
March 31,
 
   2006     2005  

Earnings:

    

Income from continuing operations before income taxes

   $ 63.3     $ 54.8  

Minority interests

     2.0       1.3  

Undistributed (earnings) of affiliates

     (0.6 )     (4.3 )

Interest expense and amortization of debt discount, fees and expenses

     8.4       17.0  

Amortization of capitalized interest

     0.6       1.0  

Interest included in rental expense

     1.2       0.8  
                

Total earnings

   $ 74.9     $ 70.6  
                

Fixed charges:

    

Interest expense and amortization of debt discount, fees and expenses

   $ 8.4     $ 17.0  

Interest capitalized as part of fixed assets

     0.8       0.9  

Interest included in rental expense

     1.2       0.8  
                

Total fixed charges

   $ 10.4     $ 18.7  
                

Ratio of earnings to fixed charges

     7.2x       3.8x