EX-12.1 4 dex121.htm STATEMENT OF COMPUTATION OF RATIOS Statement of Computation of Ratios

EXHIBIT 12.1

 

Bio-Rad Laboratories, Inc.

Ratios of Earnings to Fixed Charges

(in millions)

 

     Year Ended December 31,
  
     2000
     2001
     2002
     2003
     2004
  

Income from continuing operations

    $ 44.5     $ 63.0     $ 105.2     $ 115.4     $ 97.3  

Add:

                                         

Interest expense

      30.6       24.1       28.2       31.0       20.2  

Interest component of rental expense

      4.3       5.2       6.4       7.6       7.6  
    
 
 
 
 

Earnings available for fixed charges

    $ 79.4     $ 92.3     $ 139.8     $ 154.0     $ 125.1  

Fixed Charges:

                                         

Interest expense

      30.6       24.1       28.2       31.0       20.2  

Interest component of rental expense

      4.3       5.2       6.4       7.6       7.6  
    
 
 
 
 

Total fixed charges

    $ 34.9     $ 29.3     $ 34.6     $ 38.6     $ 27.8  

Ratio of earnings to fixed charges

      2.3 x     3.2 x     4.0 x     4.0 x     4.5 x