Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Coca-Cola Bottling Co. Consolidated

Ratio of Earnings to Fixed Charges

(In Thousands, Except Ratios)

	Third Quarter				First Nine Months
	2012		2011		2012		2011
Computation of Earnings:
Income before income taxes	$	18,405	$	15,877	$	47,437	$	45,665
Add:
Interest expense		8,463		8,488		25,463		25,170
Amortization of debt premium/discount and expenses		572		603		1,726		1,744
Interest portion of rent expense		496		447		1,481		1,275
Earnings as adjusted	$	27,936	$	25,415	$	76,107	$	73,854
Computation of Fixed Charges:
Interest expense	$	8,463	$	8,488	$	25,463	$	25,170
Capitalized interest		28		19		62		141
Amortization of debt premium/discount and expenses		572		603		1,726		1,744
Interest portion of rent expense		496		447		1,481		1,275
Fixed charges	$	9,559	$	9,557	$	28,732	$	28,330
Ratio of Earnings to Fixed Charges		2.92		2.66		2.65		2.61