Toro 2010 Annual Report Download - page 93
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Please find page 93 of the 2010 Toro 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.EXHIBIT 12
THE TORO COMPANY AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Not Covered by Independent Auditors' Report)
10/31/2010 10/31/2009 10/31/2008 10/31/2007 10/31/2006 10/31/
Earnings before income taxes $141,268,000 $95,788,000 $181,289,000 $213,227,000 $192,754,000 $
Plus: Fixed charges 23,579,921 24,280,076 26,141,532 26,003,000 24,154,000 2
Earnings available to cover
fixed charges $164,847,921 $120,068,076 $207,430,532 $239,230,000 $216,908,000 $
Ratio of earnings to fixed charges 6.99 4.95 7.93 9.20 8.98 8
Interest expense $17,113,000 $17,578,000 $19,333,000 $19,445,000 $17,672,000 $
Rentals (interest expense) 6,466,921 6,702,076 6,808,532 6,558,000 6,482,000 6
Total fixed charges $23,579,921 $24,280,076 $26,141,532 $26,003,000 $24,154,000 $