EX-12.1 2 h51297exv12w1.htm RATIO OF EARNINGS TO FIXED CHARGES exv12w1
 

Exhibit 12.1
SERVICE CORPORATION INTERNATIONAL
RATIO OF EARNINGS TO FIXED CHARGES

(In thousands, except ratio amounts)
                 
    Nine months ended  
    September 30,  
    2007     2006  
Earnings:
               
Income from continuing operations before income taxes
  $ 142,971     $ 90,786  
Add fixed charges (from below)
    118,970       92,241  
 
           
 
  $ 261,941     $ 183,027  
 
           
Fixed charges:
               
Interest expense:
               
Corporate
  $ 106,650     $ 72,765  
Amortization of deferred financing costs
    5,202       13,902  
Implicit interest in rental expense
    7,118       5,574  
 
           
Fixed charges
  $ 118,970     $ 92,241  
 
           
Ratio (earnings divided by fixed charges)
    2.20       1.98