EX-12 4 l35389aexv12.htm EX-12 EX-12
Exhibit 12
ABERCROMBIE & FITCH CO.
Computation of Leverage Ratio and Coverage Ratio
         
    January 31, 2009
Leverage Ratio Calculation:
        
Adjusted Total Debt (1)
     1,990,762  
Consolidated EBITDAR (2)
     934,775  
 
        
Leverage Ratio
     2.13  
 
        
 
        
Coverage Ratio Calculation:
        
Consolidated EBITDAR (2)
     934,775  
Net Interest Expense + Long
        
Term Debt due in One Year +
        
Minimum Rent + Contingent Rent
     268,109  
 
        
Coverage Ratio
     3.49  
 
        
 
(1)   Adjusted Total Debt includes long-term debt, outstanding standby letters of credit and 600% of forward minimum rent commitments.
 
(2)   Consolidated EBITDAR includes consolidated net income, interest expense, income tax expense, depreciation and amortization, minimum rent, contingent rent, non-cash compensation charges and interest income.