EX-12 2 a4758104ex12.txt TABLE EXHIBIT 12
COCA-COLA ENTERPRISES INC. EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS (In millions except ratios) Quarter Ended Nine Months Ended ---------------------- ---------------------- October 1, September 26, October 1, September 26, 2004 2003 2004 2003 ---------- ---------- ---------- ---------- Computation of Earnings: Income from continuing operations before income taxes $ 299 $ 372 $ 742 $ 788 Add: Interest Expense 148 148 455 437 Amortization of capitalized interest 1 1 2 2 Amortization of debt premium/discount and expenses 3 3 11 11 Interest portion of rent expense 17 16 45 35 ---------- ---------- ---------- ---------- Earnings as Adjusted $ 468 $ 540 $ 1,255 $ 1,273 ========== ========== ========== ========== Computation of Fixed Charges: Interest expense $ 148 $ 148 $ 455 $ 437 Capitalized Interest - - 1 - Amortization of debt premium/discount and expenses 3 3 11 11 Interest portion of rent expense 17 16 45 35 ---------- ---------- ---------- ---------- Fixed Charges $ 168 $ 167 $ 512 $ 483 Preferred stock dividends - - - 2 ---------- ---------- ---------- ---------- Combined Fixed Charges and Preferred Stock Dividends $ 168 $ 167 $ 512 $ 485 ========== ========== ========== ========== Ratio of Earnings to Fixed Charges (a) 2.78 3.23 2.45 2.64 ========== ========== ========== ========== Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends (a) 2.78 3.23 2.45 2.62 ========== ========== ========== ========== (a) Ratios were calculated prior to rounding to millions.