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EXHIBIT 12
COCA-COLA ENTERPRISES INC.
EARNINGS TO FIXED CHARGES
(in millions; except ratios)
Three Months Ended | ||||||
April 2, 2010 |
April 3, 2009 | |||||
Computation of Earnings: |
||||||
Income before income taxes |
$ | 140 | $ | 86 | ||
Add: |
||||||
Interest expense |
133 | 155 | ||||
Amortization of capitalized interest |
1 | 1 | ||||
Amortization of debt premium/discount and expenses |
4 | 4 | ||||
Interest portion of rent expense |
19 | 18 | ||||
Earnings as adjusted |
$ | 297 | $ | 264 | ||
Computation of Fixed Charges: |
||||||
Interest expense |
$ | 133 | $ | 155 | ||
Capitalized interest |
1 | | ||||
Amortization of debt premium/discount and expenses |
4 | 4 | ||||
Interest portion of rent expense |
19 | 18 | ||||
Fixed charges |
$ | 157 | $ | 177 | ||
Ratio of Earnings to Fixed Charges (A) |
1.90 | 1.49 | ||||
(A) | Ratios were calculated prior to rounding to millions. |