EX-12.1 4 g04979exv12w1.htm EX-12.1 STATEMENT RE COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EX-12.1
 

EXHIBIT 12.1
BROWN-FORMAN CORPORATION
Computation of Ratios of Earnings to Fixed Charges
(Dollars in millions)
                                                 
    Year Ended April 30     Six Months Ended  
    2002     2003     2004     2005     2006     October 31, 2006  
Earnings available for fixed charges
   $ 326.2     $ 340.5     $ 388.6     $ 532.3     $ 582.8     $ 334.5  
 
                                                
Fixed Charges:
                                                
Interest incurred
   $ 9.0     $ 8.4     $ 22.4     $ 21.2     $ 18.6     $ 12.1  
Portion of rent expense deemed to represent interest factor
     4.6       5.1       5.8       5.2       5.4       3.1  
 
                                    
Fixed charges
   $ 13.6     $ 13.5     $ 28.2     $ 26.4     $ 24.0     $ 15.2  
 
                                    
 
                                                
Ratio of earnings to fixed charges
     24.0 x     25.2 x     13.8 x     20.1 x     24.3 x     22.1 x