EX-12 4 c23180exv12.htm RATIO OF EARNINGS TO FIXED CHARGES exv12
 

 
Exhibit 12
 
GARDNER DENVER, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Dollars in thousands)
 
                                         
    YEAR ENDED DECEMBER 31,  
    2007     2006     2005     2004     2003  
   
 
Earnings:
                                       
Income before income taxes
  $ 268,360       200,615       95,644       52,286       30,358  
Fixed charges
    33,034       43,530       35,746       12,704       6,019  
 
 
Earnings, as defined
  $ 301,394       244,145       131,390       64,990       36,377  
 
 
Fixed Charges:
                                       
Interest expense
  $ 26,211       37,379       30,433       10,102       4,748  
Rentals - portion representative of interest
    6,823       6,151       5,313       2,602       1,271  
 
 
Total fixed charges
  $ 33,034       43,530       35,746       12,704       6,019  
 
 
Ratio of Earnings to Fixed Charges
    9.1 x     5.6 x     3.7 x     5.1 x     6.0x