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)    Nine months Ended
September 30,		  
   2006     2005  

Earnings:

     

Income from continuing operations before income taxes

    $ 160.5     $ 99.1  

Minority interests

      6.5       5.3  

Undistributed losses (earnings) of affiliates

      (1.7 )     (11.4 )

Interest expense and amortization of debt discount, fees and expenses

      25.1       47.3  

Amortization of capitalized interest

      2.9       2.9  

Interest included in rental expense

      3.5       2.5  
                

Total earnings

    $ 196.8     $ 145.7  
                

Fixed charges:

     

Interest expense and amortization of debt discount, fees and expenses

    $ 25.1     $ 47.3  

Interest capitalized as part of fixed assets

      2.7       3.0  

Interest included in rental expense

      3.5       2.5  
                

Total fixed charges

    $ 31.3     $ 52.8  
                

Ratio of earnings to fixed charges

      6.3x       2.8x