EX-12 4 twelve.txt EXHIBIT 12 FOR MARCH 31, 2002 10-Q 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, March 31, 2002 2001 ---- ---- (Dollars in thousands) Earnings before fixed charges: Income before income taxes and equity in losses of affiliates .......... $19,508 $ 5,840 Interest and other debt expense ............... 16,496 22,868 Interest portion of rental expense ............ 139 315 ------- ------- Earnings before fixed charges ................. $36,143 $29,023 ======= ======= Fixed charges: Interest and other debt expense ............... $16,496 $22,868 Interest portion of rental expense ............ 139 315 Capitalized interest .......................... 212 544 ------- ------- Total fixed charges ........................... $16,847 $23,727 ======= ======= Ratio of earnings to fixed charges ................ 2.15 1.22