Attached files
| file | filename |
|---|---|
| EX-32 - EX-32 - SONOCO PRODUCTS CO | d536150dex32.htm |
| EX-31 - EX-31 - SONOCO PRODUCTS CO | d536150dex311.htm |
| EX-23 - EX-23 - SONOCO PRODUCTS CO | d536150dex23.htm |
| EX-21 - EX-21 - SONOCO PRODUCTS CO | d536150dex21.htm |
| EX-3.1 - EX-3.1 - SONOCO PRODUCTS CO | d536150dex31.htm |
| 10-K - 10-K - SONOCO PRODUCTS CO | d536150d10k.htm |
EXHIBIT 12
SONOCO PRODUCTS COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Years Ended December 31 | ||||||||||||||||||||
| 2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
| EARNINGS |
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| Pretax income |
$ | 314,554 | $ | 441,277 | $ | 327,946 | $ | 325,707 | $ | 292,709 | ||||||||||
| Add: Distributed income from affiliates |
6,967 | 10,231 | 8,131 | 9,809 | 13,631 | |||||||||||||||
| Add: Fixed charges |
81,503 | 81,195 | 83,614 | 81,806 | 88,704 | |||||||||||||||
| Add: Amortization of capitalized interest |
3,048 | 3,297 | 3,244 | 3,449 | 2,677 | |||||||||||||||
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| Total Earnings |
406,072 | 536,000 | 422,935 | 420,771 | 397,721 | |||||||||||||||
| Less: Capitalized interest |
(3,083 | ) | (3,250 | ) | (2,571 | ) | (3,248 | ) | (5,946 | ) | ||||||||||
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| Adjusted Earnings |
$ | 402,989 | $ | 532,750 | $ | 420,364 | $ | 417,523 | $ | 391,775 | ||||||||||
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| FIXED CHARGES |
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| Interest expense |
$ | 57,220 | $ | 54,170 | $ | 56,973 | $ | 55,140 | $ | 59,913 | ||||||||||
| Capitalized interest |
3,083 | 3,250 | 2,571 | 3,248 | 5,946 | |||||||||||||||
| Portion of rents representative of the interest factor |
21,200 | 23,775 | 24,070 | 23,418 | 22,845 | |||||||||||||||
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| Total Fixed Charges |
$ | 81,503 | $ | 81,195 | $ | 83,614 | $ | 81,806 | $ | 88,704 | ||||||||||
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| Ratio of Earnings to Fixed Charges |
4.94 | 6.56 | 5.03 | 5.10 | 4.42 | |||||||||||||||
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