EX-12.1 3 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

 

(dollars in millions)    2006     2005     2004     2003     2002     2001  

Earnings before taxes

    $ 347.6     $ 449.6     $ 414.2     $ 223.2     $ 211.0     $ 204.9  

Add(Deduct):

             

Fixed charges

      21.8       17.3       17.7       17.9       17.4       19.1  

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

      (0.2 )     (3.6 )     (2.4 )     (2.0 )     (1.1 )     (2.0 )
                                                

Earnings available for fixed charges

    $ 369.2     $ 463.3     $ 429.5     $ 239.1     $ 227.3     $ 222.0  
                                                

Fixed charges:

             

Interest, including amounts capitalized

    $ 16.9     $ 12.2     $ 12.7     $ 12.5     $ 12.6     $ 14.2  

Proportion of rent expense deemed to represent interest factor

      4.9       5.1       5.0       5.4       4.8       4.9  
                                                

Fixed charges

    $ 21.8     $ 17.3     $ 17.7     $ 17.9     $ 17.4     $ 19.1  
                                                

Ratio of earnings to fixed charges

      16.94       26.78       24.27       13.36       13.06       11.62  
                                                

 

Exhibit 12.1