Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - SONOCO PRODUCTS CO | d326554dex32.htm |
| EX-31 - EX-31 - SONOCO PRODUCTS CO | d326554dex31.htm |
| EX-23 - EX-23 - SONOCO PRODUCTS CO | d326554dex23.htm |
| EX-21 - EX-21 - SONOCO PRODUCTS CO | d326554dex21.htm |
| 10-K - 10-K - SONOCO PRODUCTS CO | d326554d10k.htm |
EXHIBIT 12
SONOCO PRODUCTS COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Years Ended December 31 | ||||||||||||||||||||
| 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||||
| EARNINGS |
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| Pretax income |
$ | 441,277 | $ | 327,946 | $ | 325,707 | $ | 292,709 | $ | 283,006 | ||||||||||
| Add: Distributed income from affiliates |
10,231 | 8,131 | 9,809 | 13,631 | 9,329 | |||||||||||||||
| Add: Fixed charges |
81,195 | 83,614 | 81,806 | 88,704 | 91,690 | |||||||||||||||
| Add: Amortization of capitalized interest |
3,297 | 3,244 | 3,449 | 2,677 | 2,450 | |||||||||||||||
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| Total Earnings |
536,000 | 422,935 | 420,771 | 397,721 | 386,475 | |||||||||||||||
| Less: Capitalized interest |
(3,250 | ) | (2,571 | ) | (3,248 | ) | (5,946 | ) | (4,056 | ) | ||||||||||
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| Adjusted Earnings |
$ | 532,750 | $ | 420,364 | $ | 417,523 | $ | 391,775 | $ | 382,419 | ||||||||||
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| FIXED CHARGES |
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| Interest expense |
$ | 54,170 | $ | 56,973 | $ | 55,140 | $ | 59,913 | $ | 64,114 | ||||||||||
| Capitalized interest |
3,250 | 2,571 | 3,248 | 5,946 | 4,056 | |||||||||||||||
| Portion of rents representative of the interest factor |
23,775 | 24,070 | 23,418 | 22,845 | 23,520 | |||||||||||||||
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| Total Fixed Charges |
$ | 81,195 | $ | 83,614 | $ | 81,806 | $ | 88,704 | $ | 91,690 | ||||||||||
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| Ratio of Earnings to Fixed Charges |
6.56 | 5.03 | 5.10 | 4.42 | 4.17 | |||||||||||||||
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