EX-12 2 exhibit126-30x16.htm EXHIBIT 12 Exhibit


Exhibit 12


SILGAN HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)


The following table sets forth Silgan Holdings Inc.’s computation of its ratio of earnings to fixed charges for the periods presented:

 
 
Three Months Ended
 
Six Months Ended
 
 
June 30,
2016
 
June 30,
2015
 
June 30,
2016
 
June 30,
2015
 
 
(Dollars in thousands)
Earnings before fixed charges:
 
 
 
 
 
 
 
 
Income before income taxes
 
$
50,768

 
$
61,529

 
$
91,757

 
$
112,147

Interest and other debt expense
 
16,883

 
16,762

 
33,339

 
33,205

Interest portion of rental expense
 
166

 
142

 
331

 
285

Earnings before fixed charges
 
$
67,817

 
$
78,433

 
$
125,427

 
$
145,637

 
 
 
 
 
 
 
 
 
Fixed charges:
 
 

 
 

 
 

 
 

Interest and other debt expense
 
$
16,883

 
$
16,762

 
$
33,339

 
$
33,205

Interest portion of rental expense
 
166

 
142

 
331

 
285

Capitalized interest
 
561

 
189

 
1,036

 
361

Total fixed charges
 
$
17,610

 
$
17,093

 
$
34,706

 
$
33,851

 
 
 
 
 
 
 
 
 
Ratio of earnings to fixed charges
 
3.85

 
4.59

 
3.61

 
4.30