EX-12 6 c02657exv12.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES exv12
 

EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
Eli Lilly and Company and Subsidiaries
(Dollars in millions)
                                         
    Years Ended December 31,  
       
    2005     2004     2003     2002     2001  
     
 
                                       
Consolidated pretax income before cumulative effect of a change in accounting principle
  $ 2,717.5     $ 2,941.9     $ 3,261.7     $ 3,457.7     $ 3,506.9  
 
                                       
Interest
    245.7       162.9       121.9       140.0       253.3  
 
                                       
Less interest capitalized during the period
    (140.5 )     (111.3 )     (60.9 )     (60.3 )     (61.5 )
     
 
                                       
Earnings
  $ 2,822.7     $ 2,993.5     $ 3,322.7     $ 3,537.4     $ 3,698.7  
     
 
                                       
Fixed charges
  $ 245.7     $ 162.9     $ 121.9     $ 140.0     $ 253.3  
     
 
                                       
Ratio of earnings to fixed charges
    11.5       18.4       27.3       25.3       14.6