HANNA M A CO/DE
8-K, 1997-09-19
MISCELLANEOUS PLASTICS PRODUCTS
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<PAGE>   1
 

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                 --------------


                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the

                         Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  December 4, 1996
                                                  ---------------------


                               M.A. Hanna Company
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


    Delaware                       1-5222                      34-023435
- ---------------                  -----------                ----------------
(State Or Other                  (Commission                (I.R.S. Employer
 Jurisdiction                    File Number)            Identification Number)
Of Incorporation)

          Suite 36-5000, 200 Public Square, Cleveland, Ohio 44114-2304
          ------------------------------------------------------------
               (Address of principal executive offices)     (Zip Code)

Registrant's telephone number, including area code:  (216) 589-4000
                                                    ----------------

                                     Exhibit Index Appears on sequential page 3.




<PAGE>   2



Item 5.           Other Events.
                  -------------

                  The Company is filing herewith the following exhibit to its
Registration Statement on Form S-3 (File No. 333-5763), which was declared
effective on November 8, 1996.

         1.       Computation of Ratio of Earnings to Fixed Charges
                  (revised to reflect the Company's results as of June
                  30, 1997).

                                    SIGNATURE
                                    ---------

                  Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

                                             M.A. HANNA COMPANY

Date: September 19, 1997                     By:   /s/ John S. Pyke, Jr.
                                                   --------------------------
                                             Name:  John S. Pyke, Jr.
                                             Title: Vice President, General
                                             Counsel and Secretary







<PAGE>   3




                                  EXHIBIT INDEX
                                  -------------

Exhibit           Description of Exhibit
- -------           ----------------------
 
12.1              Computation of Ratio of Earnings to Fixed Charges
                  (revised to reflect the Company's results as of
                  June 30, 1997).





<PAGE>   1
<TABLE>
<CAPTION>
                                                                                                                        Exhibit 12.1

M.A. Hanna Company
Ratio of Earnings to Fixed Charges

                                                 Six Months
                                                   Ended
                                                  June 30                                  Year Ended December 31
                                           -----------------------------------------------------------------------------------------
                                            1997          1996          1996          1995          1994          1993        1992
                                           -----------------------------------------------------------------------------------------
<S>                                        <C>           <C>          <C>            <C>           <C>           <C>         <C>   
Consolidated pretax income
from continuing operations                 55,745        50,896       102,891        98,821        66,222        37,654      27,005

Adjustments 
 Fixed charges - excluding 
 capitalized interest:
  Consolidated interest
   expense                                 10,531        11,231        20,033        26,278        28,549        32,258      32,509
  Interest portion of rental
   expense                                  3,001         3,122         6,215         5,942         5,624         5,281       4,729

     Total fixed charges                   13,532        14,353        26,248        32,220        34,173        37,539      37,238

Adjusted earnings                          69,277        65,249       129,139       131,041       100,395        75,193      64,243

Ratio of earnings to fixed charges           5.12          4.55          4.92          4.07          2.94          2.00         1.73
</TABLE>











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