EX-12 2 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)

 

  

Six months Ended

June 30,

 
     2006     2005  

Earnings:

    

Income from continuing operations before income taxes

   $ 105.9     $ 107.3  

Minority interests

     4.5       3.1  

Undistributed losses (earnings) of affiliates

     (1.3 )     (7.5 )

Interest expense and amortization of debt discount, fees and expenses

     17.6       34.0  

Amortization of capitalized interest

     2.0       2.0  

Interest included in rental expense

     2.3       1.7  
                

Total earnings

   $ 131.0     $ 140.6  
                

Fixed charges:

    

Interest expense and amortization of debt discount, fees and expenses

   $ 17.6     $ 34.0  

Interest capitalized as part of fixed assets

     1.6       0.9  

Interest included in rental expense

     2.3       1.7  
                

Total fixed charges

   $ 21.5     $ 36.6  
                

Ratio of earnings to fixed charges

     6.1x       3.8x