EX-12 4 c12621exv12.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS 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,
     
    2006     2005     2004     2003     2002  
     
Consolidated pretax income before cumulative effect of a change in accounting principle
   $ 3,418.0     $ 2,717.5     $ 2,941.9     $ 3,261.7     $ 3,457.7  
 
                                        
Interest
     344.8       245.7       162.9       121.9       140.0  
 
                                        
Less interest capitalized during the period
     (106.7 )     (140.5 )     (111.3 )     (60.9 )     (60.3 )
     
 
                                        
Earnings
   $ 3,656.1     $ 2,822.7     $ 2,993.5     $ 3,322.7     $ 3,537.4  
     
 
                                        
Fixed charges
   $ 344.8     $ 245.7     $ 162.9     $ 121.9     $ 140.0  
     
 
                                        
Ratio of earnings to fixed charges
     10.6       11.5       18.4       27.3       25.3