Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Coca-Cola Bottling Co. Consolidated

Ratio of Earnings to Fixed Charges

(In Thousands, Except Ratios)

	First Quarter
	2012		2011
Computation of Earnings:
Income before income taxes	$	9,562	$	10,410
Add:
Interest expense		8,495		8,205
Amortization of debt premium/discount and expenses		578		569
Interest portion of rent expense		498		419
Earnings as adjusted	$	19,133	$	19,603
Computation of Fixed Charges:
Interest expense	$	8,495	$	8,205
Capitalized interest		11		83
Amortization of debt premium/discount and expenses		578		569
Interest portion of rent expense		498		419
Fixed charges	$	9,582	$	9,276
Ratio of Earnings to Fixed Charges		2.00		2.11