EMC 2006 Annual Report Download - page 130

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Exhibit 12.1
EMC CORPORATION
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Year Ended December 31,
2006
2005
2004
2003
2002
Computation of Earnings:
Pre-tax income (loss) $ 1,390,018 $ 1,652,243 $ 1,185,030 $ 571,023 $ (296,487)
Fixed charges 109,093 76,776 74,155 70,786 81,815
Total earnings $ 1,499,111 $ 1,729,019 $ 1,259,185 $ 641,809 $ (214,672)
Computation of Fixed Charges:
Interest expense $ 34,123 $ 7,988 $ 7,516 $ 3,030 $ 11,415
Estimate of interest within rental expense 74,970 68,788 66,639 67,756 70,400
Total fixed charges $ 109,093 $ 76,776 $ 74,155 $ 70,786 $ 81,815
Ratio of Earnings to Fixed Charges 13.74x 22.52x 16.98x 9.07x (1)
(1) For the year ended December 31, 2002, we had an earnings-to-fixed charges coverage deficiency of approximately $296.5 million.