EX-12 6 c69477ex12.txt STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES (Unaudited) ELI LILLY AND COMPANY AND SUBSIDIARIES (Dollars in millions)
Three Months Ended Years Ended December 31, March 31, ---------------------------------------------------------------- 2002 2001 2000 1999 1998 1997 -------- -------- -------- -------- -------- -------- Consolidated pretax income from continuing operations before extraordinary item $ 806.7 $3,552.1 $3,858.7 $3,245.4 $2,665.0 $2,901.1 Interest from continuing operations and other fixed charges 26.6 208.1 225.4 213.1 198.3 253.1 Less interest capitalized during the period from continuing operations (17.0) (61.5) (43.1) (29.3) (17.0) (20.4) -------- -------- -------- -------- -------- -------- Earnings $ 816.3 $3,698.7 $4,041.0 $3,429.2 $2,846.3 $3,133.8 ======== ======== ======== ======== ======== ======== Fixed charges (1) $ 26.6 $ 208.1 $ 225.4 $ 213.2 $ 200.5 $ 256.8 ======== ======== ======== ======== ======== ======== Ratio of earnings to fixed charges 30.7 17.8 17.9 16.1 14.2 12.2 ======== ======== ======== ======== ======== ========
(1) Fixed charges include interest from continuing operations for all years presented and preferred stock dividends for 1997 through 1999.