EX-12.01 4 g81353exv12w01.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES 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, 2002

     
EARNINGS:    
     
Earnings before income taxes
Earnings of less than 50%-owned associated companies, net
Interest Expense
Portion of rents representative of an interest factor		   $144,270
978
44,028
6,984
   
     
      Adjusted Earnings and Fixed Charges   $196,260
     
     
FIXED CHARGES:    
     
Interest Expense
Capitalized Interest
Portion of rents representative of an interest factor		   $44,028
3,788
6,984
   
     
      Total Fixed Charges   $54,800
     
Ratio of Earnings to Fixed Charges   3.58