EX-12 10 y61092exv12.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12 HUBBELL INCORPORATED COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLAR AMOUNTS IN MILLIONS)
THREE MONTHS ENDED MARCH 31, YEAR ENDED DECEMBER 31, --------------------- ------------------------------------------------------------ 2002 2001 2001 2000 1999 1998 1997 -------- -------- -------- -------- -------- -------- -------- Income from continuing operations before provision for income taxes per statement of income $ 25.3 $ 28.2 $ 55.8 $ 184.3 $ 197.0 $ 230.5 $ 180.1 Add: Interest on indebtedness 2.2 5.3 15.5 19.7 15.9 9.9 7.3 Portion of rents representative of the interest factor 0.9 1.0 3.6 3.1 3.0 2.6 2.4 -------- -------- -------- -------- -------- -------- -------- Earnings as adjusted 28.4 34.5 74.9 207.1 215.9 243.0 189.8 -------- -------- -------- -------- -------- -------- -------- Interest on indebtedness 2.2 5.3 15.5 19.7 15.9 9.9 7.3 Portion of rents representative of the interest factor 0.9 1.0 3.6 3.1 3.0 2.6 2.4 -------- -------- -------- -------- -------- -------- -------- Fixed charges 3.1 6.3 19.1 22.8 18.9 12.5 9.7 -------- -------- -------- -------- -------- -------- -------- Ratio of earnings as adjusted to fixed charges 9.2 5.5 3.9 9.1 11.4 19.4 19.6 ======== ======== ======== ======== ======== ======== ========