EX-12.1 8 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

C. R. BARD, INC. AND SUBSIDIARIES

 

Exhibit 12.1 - Computation of Ratio of Earnings to Fixed Charges

 

     2004

    2003

    2002

    2001

    2000

    1999

 

Earnings before taxes

   $ 414,200     $ 223,200     $ 211,000     $ 204,900     $ 154,000     $ 173,300  

Add(Deduct):

                                                

Fixed charges

     17,700       17,900       17,700       19,100       24,500       24,200  

Undistributed earnings of less than 50% owned companies carried at equity

     (2,400 )     (2,000 )     (1,100 )     (2,000 )     (2,900 )     (2,700 )
    


 


 


 


 


 


Earnings available for fixed charges

   $ 429,500     $ 239,100     $ 227,600     $ 222,000     $ 175,600     $ 194,800  
    


 


 


 


 


 


Fixed charges:

                                                

Interest, including amounts capitalized

   $ 12,700     $ 12,500     $ 12,600     $ 14,200     $ 19,300     $ 19,300  

Proportion of rent expense deemed to represent interest factor

     5,000       5,400       4,800       4,900       5,200       4,900  
    


 


 


 


 


 


Fixed charges

   $ 17,700     $ 17,900     $ 17,400     $ 19,100     $ 24,500     $ 24,200  
    


 


 


 


 


 


Ratio of earnings to fixed charges

     24.27       13.36       13.08       11.62       7.17       8.05  
    


 


 


 


 


 


 

Exhibit 12.1