EX-12 2 dex12.htm RATIO OF EARNINGS TO FIXED CHARGES FOR THE 3 & 6 MONTHS ENDED JUNE 30, 2006&2005 Ratio of Earnings to Fixed Charges for the 3 & 6 months ended June 30, 2006&2005

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,
2006
   June 30,
2005
   June 30,
2006
   June 30,
2005
     (Dollars in thousands)

Earnings before fixed charges:

           

Income before income taxes

   $ 25,672    $ 24,827    $ 54,018    $ 46,161

Interest and other debt expense

     14,199      24,668      25,449      36,950

Interest portion of rental expense

     339      257      659      506
                           

Earnings before fixed charges

   $ 40,210    $ 49,752    $ 80,126    $ 83,617
                           

Fixed charges:

           

Interest and other debt expense

   $ 14,199    $ 24,668    $ 25,449    $ 36,950

Interest portion of rental expense

     339      257      659      506

Capitalized interest

     421      285      776      571
                           

Total fixed charges

   $ 14,959    $ 25,210    $ 26,884    $ 38,027
                           

Ratio of earnings to fixed charges

     2.69      1.97      2.98      2.20