EX-12 2 ex12.txt EXHIBIT 12 RATIO OF EARNINGS TO FIXED CHARGES GARDNER DENVER, INC. COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (DOLLARS IN THOUSANDS)
FOR THE THREE MONTHS ENDED MARCH 31, YEAR ENDED DECEMBER 31, ---------------- ------------------------------------------------------------- 2005 2004 2003 2002 2001 2000 ---------------- ------------------------------------------------------------- Earnings: Income before income taxes $ 14,703 52,286 30,358 28,827 34,683 29,894 Plus: Fixed Charges 4,947 12,704 6,019 7,483 7,789 8,486 ---------------- ---------------------------------- -------------------------- Total $ 19,650 64,990 36,377 36,310 42,472 38,380 ================ ============================================================= Fixed Charges: Interest expense incl. amortization of debt expense $ 4,033 10,102 4,748 6,365 6,796 7,669 Rentals-portion representative of interest 914 2,602 1,271 1,118 993 817 ---------------- ------------------------------------------------------------- Total $ 4,947 12,704 6,019 7,483 7,789 8,486 ================ ============================================================ Ratio of earnings to fixed charges 4.0 5.1 6.0 4.9 5.5 4.5 ================ =============================================================