Danaher 2007 Annual Report Download - page 119

Download and view the complete annual report

Please find page 119 of the 2007 Danaher annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 141

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141

Exhibit 12.1
DANAHER CORPORATION AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
($ IN THOUSANDS, EXCEPT RATIO DATA)
2003 2004 2005 2006 2007
Fixed Charges:
Gross Interest Expense $58,379 $ 54,487 $44,540 $79,375 $ 109,702
Interest Element of Rental Expense 9,460 9,672 10,744 12,369 14,804
Interest on FIN 48 liabilities — — — — —
Total Fixed Charges $67,839 $64,159 $55,284 $ 91,744 $124,506
Earnings Available for Fixed Charges:
Earnings from Continuing Operations before (a) income taxes, and
(b) accounting changes and reduction of income tax reserves related to
previously discontinued operation. $787,188 $1,042,667 $1,217,742 $1,428,843 $1,637,099
Add fixed charges 67,839 64,159 55,284 91,744 124,506
Interest on FIN 48 liabilities — — — — —
Total Earnings Available for Fixed Charges $855,027 $1,106,826 $1,273,026 $1,520,587 $1,761,605
Ratio of Earnings to Fixed Charges 12.6 17.3 23.0 16.6 14.1
Source: DANAHER CORP /DE/, 10-K, February 21, 2008 Powered by Morningstar® Document Research℠
The information contained herein may not be copied, adapted or distributed and is not warranted to be accurate, complete or timely. The user assumes all risks for any damages or losses arising from any use of this information,
except to the extent such damages or losses cannot be limited or excluded by applicable law. Past financial performance is no guarantee of future results.