EX-12 2 firstqex12.txt 10Q1Q01 Exhibit 12 SILGAN HOLDINGS INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Unaudited) The following table sets forth Silgan Holdings Inc.'s computation of its ratio of earnings to fixed charges for the periods indicated.
Three Months Ended March 31, ---------------------------- 2001 2000 ---- ---- (Dollars in thousands) Earnings before fixed charges: Income before income taxes .............. $ 5,840 $ 8,674 Interest and other debt expense ......... 22,868 20,981 Interest portion of rental expense ...... 315 289 ------- ------- Earnings before fixed charges ........... $29,023 $29,944 ======= ======= Fixed charges: Interest and other debt expense ......... $22,868 $20,981 Interest portion of rental expense ...... 315 289 Capitalized interest .................... 544 -- ------- ------- Total fixed charges ..................... $23,727 $21,270 ======= ======= Ratio of earnings to fixed charges ............. 1.22 1.41 ==== ====