SEC Info - Harsco Corp - ‘10-K’ for 12/31/07

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Harsco Corp – ‘10-K’ for 12/31/07 – EX-12

On: Friday, 2/29/08, at 12:03pm ET · For: 12/31/07 · Accession #: 1072613-8-597 · File #: 1-03970

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 2/29/08  Harsco Corp                       10-K       12/31/07   10:4.8M                                   Express Filing Svcs/FA

Annual Report — Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Form 10-K Dated December 31, 2007                   HTML   2.10M 
 2: EX-2.(D)    Asset and Stock Purchase Agreement                  HTML    683K 
 3: EX-10.(W)   Restricted Stock Units Agreement                    HTML     74K 
 4: EX-12       Computation of Ratios of Earnings to Fixed Charges  HTML     45K 
 5: EX-21       Subsidiaries of the Registrant                      HTML     94K 
 6: EX-23       Consent of Accountants                              HTML      8K 
 7: EX-31.(A)   Section 302 Certification of C.E.O.                 HTML     16K 
 8: EX-31.(B)   Section 302 Certification of C.F.O.                 HTML     16K 
 9: EX-32.(A)   Section 906 Certification of C.E.O.                 HTML     10K 
10: EX-32.(B)   Section 906 Certification of C.F.O.                 HTML     10K

EX-12 — Computation of Ratios of Earnings to Fixed Charges

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

WWW.EXFILE.COM, INC. -- 888-775-4789 -- HARSCO CORP. -- EXHIBIT 12 TO FORM 10-K

EXHIBIT 12

HARSCO CORPORATION

Computation of Ratios of Earnings to Fixed Charges

(Dollars in Thousands)

	YEARS ENDED DECEMBER 31

	2007 (b)			2006 (c)			2005 (c)			2004 (c)			2003 (c)
Pre-tax income from continuing operations (net of minority interest in net income)	$	372,713		$	279,756		$	203,610		$	148,569		$	114,363

Add fixed charges computed below		129,233			100,635			77,317			74,192			68,519

Net adjustments for equity companies		(868	)		(192	)		96			461			1,062

Net adjustments for capitalized interest		(723	)		(1,114	)		(567	)		(124	)		14

Consolidated Earnings Available for Fixed Charges	$	500,355		$	379,085		$	280,456		$	223,098		$	183,958

Consolidated Fixed Charges:

Interest expense per financial statements (a)	$	81,383		$	60,478		$	41,918		$	41,057		$	40,513

Interest expense capitalized		1,035			1,325			677			251			101

Portion of rentals (1/3) representing a reasonable approximation of the interest factor		46,815			38,832			34,722			32,884			27,905

Consolidated Fixed Charges	$	129,233		$	100,635		$	77,317		$	74,192		$	68,519

Consolidated Ratio of Earnings to Fixed Charges		3.87			3.77			3.63			3.01			2.68

(a)	Includes amortization of debt discount and expense.

(b)	Does not include interest related to FIN 48 obligations.

(c)	Pre-tax income from continuing operations (net of minority interest in net income) restated to reflect the Gas Technologies business group as a Discontinued Operation. Portion of rentals revised to include recurring short-term rentals in the Access Services Segment.

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Filing Submission 0001072613-08-000597 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Harsco Corp – ‘10-K’ for 12/31/07 – EX-12

On: Friday, 2/29/08, at 12:03pm ET · For: 12/31/07 · Accession #: 1072613-8-597 · File #: 1-03970

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Annual Report — Form 10-KFiling Table of Contents

EX-12 — Computation of Ratios of Earnings to Fixed Charges

This exhibit is an HTML Document rendered as filed. [ Alternative Formats ]

Annual Report — Form 10-K
Filing Table of Contents