EX-12.1 3 dex121.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS Statement regarding Computation of Ratio of Earnings

Exhibit 12.1

 

EMC CORPORATION

STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

    

Year Ended December 31,


 
     2006

   2005

   2004

   2003

   2002

 

Computation of Earnings:

                                    

Pre-tax income (loss)

   $ 1,390,018    $ 1,652,243    $ 1,185,030    $ 571,023    $ (296,487 )

Fixed charges

     109,093      76,776      74,155      70,786      81,815  
    

  

  

  

  


Total earnings

   $ 1,499,111    $ 1,729,019    $ 1,259,185    $ 641,809    $ (214,672 )
    

  

  

  

  


Computation of Fixed Charges:

                                    

Interest expense

   $ 34,123    $ 7,988    $ 7,516    $ 3,030    $ 11,415  

Estimate of interest within rental expense

     74,970      68,788      66,639      67,756      70,400  
    

  

  

  

  


Total fixed charges

   $ 109,093    $ 76,776    $ 74,155    $ 70,786    $ 81,815  
    

  

  

  

  


Ratio of Earnings to Fixed Charges

     13.74x      22.52x      16.98x      9.07x      (1 )

(1) For the year ended December 31, 2002, we had an earnings-to-fixed charges coverage deficiency of approximately $296.5 million.