HANNA M A CO/DE
8-K, 1998-02-23
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):  February 18, 1998
                                                  --------------------

                               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 September 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: February 19, 1998                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 September 30, 1997).






<PAGE>   1


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


<TABLE>
<CAPTION>
                                          Nine Months
                                            Ended
                                          September 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              84,419      77,309     102,891      98,821      66,222      37,654      27,005

Adjustments
 Fixed charges - excluding
 capitalized interest:
  Consolidated interest
   expense                              16,507      15,582      20,033      26,278      28,549      32,258      32,509
  Interest portion of rental
   expense                               4,521       4,856       6,215       5,942       5,624       5,281       4,729

     Total fixed charges                21,028      20,438      26,248      32,220      34,173      37,539      37,238

Adjusted earnings                      105,447      97,747     129,139     131,041     100,395      75,193      64,243

Ratio of earnings to fixed charges        5.01        4.78        4.92        4.07        2.94        2.00        1.73
</TABLE>






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