SONOCO PRODUCTS CO - FORM 10-K - EX-12 - COMPUTATION OF RATIO OF EARNING TO FIXED CHARGES

file	filename
EX-31 - SECTION 302 CEO & CFO CERTIFICATIONS - SONOCO PRODUCTS CO	dex31.htm
EX-23 - CONSENT OF PRICEWATERHOUSECOOPERS LLP - SONOCO PRODUCTS CO	dex23.htm
EX-10.13 - AMENDMENTS TO OMNIBUS - SONOCO PRODUCTS CO	dex1013.htm
EX-21 - SUBSIDIARIES OF THE REGISTRANT - SONOCO PRODUCTS CO	dex21.htm
EX-32 - SECTION 906 CEO & CFO CERTIFICATIONS - SONOCO PRODUCTS CO	dex32.htm
10-K - FORM 10-K - SONOCO PRODUCTS CO	d10k.htm

EXHIBIT 12

SONOCO PRODUCTS COMPANY

Computation of Ratio of Earnings to Fixed Charges

(Dollars in thousands)


	Years Ended December 31

	2009			2008			2007			2006			2005
EARNINGS
Pretax income	$	214,221		$	202,376		$	255,626		$	274,808		$	231,126
Add: Distributed income from affiliates		5,563			7,632			8,435			9,496			6,766
Add: Fixed charges		60,591			72,964			79,950			68,669			67,568
Amortization of capitalized interest		2,301			2,161			2,245			2,115			1,911


Total Earnings		282,676			285,133			346,256			355,088			307,371

Less: Capitalized interest		(2,899	)		(1,917	)		(2,916	)		(2,666	)		(2,042	)


Adjusted Earnings	$	279,777		$	283,216		$	343,340		$	352,422		$	305,329


FIXED CHARGES
Interest expense	$	40,992		$	53,401		$	61,440		$	51,952		$	51,559
Capitalized interest		2,899			1,917			2,916			2,666			2,042
Portion of rents representative of the interest factor		16,700			17,646			15,594			14,051			13,967


Total Fixed Charges	$	60,591		$	72,964		$	79,950		$	68,669		$	67,568


Ratio of Earnings to Fixed Charges		4.62			3.88			4.29			5.13			4.52

SONOCO PRODUCTS CO - FORM 10-K - EX-12 - COMPUTATION OF RATIO OF EARNING TO FIXED CHARGES - February 26, 2010