EX-12.01 2 g22182exv12w01.htm EX-12.01 exv12w01
EXHIBIT 12.01
MARTIN MARIETTA MATERIALS, INC. AND CONSOLIDATED SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
For the Year Ended December 31, 2009
(add 000, except ratio)
         
EARNINGS:
       
 
       
Earnings before income taxes
  $ 112,557 **
Loss from less than 50%-owned associated companies, net
    1,313  
Interest Expense*
    73,460  
Portion of rents representative of an interest factor
    17,301  
 
     
 
       
Adjusted Earnings and Fixed Charges
  $ 204,631  
 
       
FIXED CHARGES:
       
 
       
Interest Expense*
  $ 73,460  
Capitalized Interest
    1,010  
Portion of rents representative of an interest factor
    17,301  
 
     
 
       
Total Fixed Charges
  $ 91,771  
 
       
Ratio of Earnings to Fixed Charges
    2.23  
 
*   Interest Expense excluded interest income of $343 related to the reversal of interest accruals for uncertain tax positions.
 
**   Note: Use Earnings from Continuing Operations less net earnings attributable to noncontrolling interests.