EX-12 2 ex12.txt Exhibit 12 GARDNER DENVER, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN THOUSANDS)
YEAR ENDED DECEMBER 31, ---------------------------------------------------------- 2004 2003 2002 2001 2000 Earnings: Income before income taxes $52,286 30,358 28,827 34,683 29,894 Fixed charges 12,704 6,019 7,483 7,789 8,486 ---------------------------------------------------------- Earnings, as defined $64,990 36,377 36,310 42,472 38,380 Fixed Charges: Interest expense $10,102 4,748 6,365 6,796 7,669 Rentals-portion representative of interest 2,602 1,271 1,118 993 817 ---------------------------------------------------------- Total fixed charges $12,704 6,019 7,483 7,789 8,486 Ratio of Earnings to Fixed Charges 5.1x 6.0x 4.9x 5.5x 4.5x ---------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------