EX-12 4 c71682exv12.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES 2002 Annual Report on Form 10-K EXHIBIT 12 COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands)
Fiscal Year Ended --------------------------------------------------- June 30, 2002 July 1, 2001 July 2, 2000 ------------- ------------ ------------ Net income $ 53,120 $ 48,013 $ 136,473 Add: Interest 44,433 30,665 21,267 Income tax expense and other taxes on income 27,390 23,860 80,150 Fixed charges of unconsolidated subsidiaries -- -- 119 ------------- ------------ ------------ Earnings as defined $ 124,943 $ 102,538 $ 238,009 ============= ============ ============ Interest $ 44,433 $ 30,665 $ 21,267 Fixed charges of unconsolidated subsidiaries -- -- 119 ------------- ------------ ------------ Fixed charges as defined $ 44,433 $ 30,665 $ 21,386 ============= ============ ============ Ratio of earnings to fixed charges 2.8 x 3.3 x 11.1 x ============= ============ ============