EX-12 2 a6813299ex12.htm EXHIBIT 12 a6813299ex12.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 periods presented:


   
Three Months Ended
   
Six Months Ended
 
   
June 30,
   
June 30,
   
June 30,
   
June 30,
 
   
2011
   
2010
   
2011
   
2010
 
   
(Dollars in thousands)
 
                         
Earnings before fixed charges:
                       
                         
Income before income taxes
  $ 78,016     $ 55,087     $ 117,720     $ 99,258  
                                 
Interest and other debt expense
    16,446       11,971       30,385       24,506  
                                 
Interest portion of rental expense
    214       83        370       167  
                                 
Earnings before fixed charges
  $ 94,676     $ 67,141     $ 148,475     $ 123,931  
                                 
Fixed charges:
                               
                                 
Interest and other debt expense
  $ 16,446     $ 11,971     $ 30,385     $ 24,506  
                                 
Interest portion of rental expense
    214       83       370       167  
                                 
Capitalized interest
    173       74       360       195  
                                 
Total fixed charges
  $ 16,833     $ 12,128     $ 31,115     $ 24,868  
                                 
Ratio of earnings to fixed charges
    5.62       5.54       4.77       4.98