EX-12 3 exhibit12.htm EXIBIT 12 OF 1ST QTR. Q 2010 exhibit12.htm
 
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 three months ended March 31:
 
 
   
2010
    
2009
  
   
(Dollars in thousands)
  
             
Earnings before fixed charges:
            
             
Income before income taxes
   $ 44,171     $ 41,942  
                 
Interest and other debt expense
     12,535       10,456  
                 
Interest portion of rental expense
     79       97  
                 
Earnings before fixed charges
   $ 56,785     $ 52,495  
                 
Fixed charges:
                
                 
Interest and other debt expense
   $ 12,535     $ 10,456  
                 
Interest portion of rental expense
     79       97  
                 
Capitalized interest
     121       221  
                 
Total fixed charges
   $ 12,735     $ 10,774  
                 
Ratio of earnings to fixed charges
     4.46       4.87