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
	2015		2014
Computation of Earnings:
Income before income taxes	$	4,466	$	4,893
Add:
Interest expense		6,843		6,746
Amortization of debt premium/discount and expenses		504		478
Interest portion of rent expense		659		618
Earnings as adjusted	$	12,472	$	12,735
Computation of Fixed Charges:
Interest expense	$	6,843	$	6,746
Capitalized interest		66		62
Amortization of debt premium/discount and expenses		504		478
Interest portion of rent expense		659		618
Fixed charges	$	8,072	$	7,904
Ratio of Earnings to Fixed Charges		1.55		1.61