EX-12 7 dex12.htm COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES Computation of ratios of earnings to fixed charges

Exhibit 12

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES

Exhibit 12 —Ratio of Earning to Fixed Charges

(In thousands)

 

     Years ended December 31  
     2010     2009     2008     2007     2006  

Interest expense and amortization of debt expense and premium

   $ 27,777      $ 35,568      $ 46,945      $ 58,892      $ 54,028   

Capitalized interest

     987        2,389        729        764        617   

Interest in rent expense

     5,944        6,772        7,337        5,681        4,155   
                                        

Total fixed charges

   $ 34,708      $ 44,729      $ 55,011      $ 65,337      $ 58,800   
                                        

Income before Income Taxes

   $ 418,256      $ 392,236      $ 308,260      $ 264,931      $ 213,094   

Plus:

          

Fixed Charges

     34,708        44,729        55,011        65,337        58,800   

Amortization of capitalized interest

     682        562        438        398        377   

Distributed income from equity investment

     8,660        9,296        11,019        7,074        6,668   

Less:

          

Capitalized interest

     (987     (2,389     (729     (764     (617

Equity in earnings from affiliates

     (5,037     (12,050     (11,334     (8,236     (7,135

Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges

     23        12        (8     (6     4   
                                        

Earnings as adjusted

   $ 456,305      $ 432,396      $ 362,657      $ 328,734      $ 271,191   
                                        

Ratio of earnings to fixed charges

     13.1        9.7        6.6        5.0        4.6