EX-12.1 5 a14-2996_1ex12d1.htm EX-12.1

EXHIBIT 12.1

 

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE KROGER CO. AND CONSOLIDATED SUBSIDIARY COMPANIES FOR THE FIVE FISCAL YEARS ENDED FEBRUARY 1, 2014

 

 

 

February1,
2014
(52 weeks)

 

February2,
2013
(53 weeks)

 

January 28,
2012
(52 weeks)

 

January 29,
2011
(52 weeks)

 

January 30,
2010
(52 weeks)

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Earnings before tax expense

 

$

2,282

 

$

2,302

 

$

843

 

$

1,734

 

$

589

 

Fixed charges

 

797

 

823

 

794

 

826

 

881

 

Capitalized interest

 

(5

)

(3

)

(6

)

(7

)

(10

)

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax earnings before fixed charges

 

$

3,074

 

$

3,122

 

$

1,631

 

$

2,553

 

$

1,460

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest

 

$

448

 

$

465

 

$

441

 

$

455

 

$

512

 

Portion of rental payments deemed to be interest

 

349

 

358

 

353

 

371

 

369

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

797

 

$

823

 

$

794

 

$

826

 

$

881

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

3.9

 

3.8

 

2.1

 

3.1

 

1.7