EX-12 2 dex12.htm RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED DIVIDENDS. Ratio of Earnings to Fixed Charges and Preferred Dividends.

EXHIBIT 12

 

COLGATE-PALMOLIVE COMPANY

 

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND

PREFERRED DIVIDENDS

 

(Dollars in Millions)

(Unaudited)

 

    

Three Months Ended

March 31, 2005

  

Earnings:

         

Income before income taxes

    $ 461.0  

Add:

         

Interest on indebtedness and amortization of debt expense and discount or premium

      32.6  

Portion of rents representative of interest factor

      10.4  

Less:

         

Gain on equity investments

      (.8 )
    

Income as adjusted

    $ 503.2  
    

Fixed Charges:

         

Interest on indebtedness and amortization of debt expense and discount or premium

    $ 32.6  

Portion of rents representative of interest factor

      10.4  

Capitalized interest

      .6  
    

Total fixed charges

    $ 43.6  
    

Preferred Dividends:

         

Dividends on Preference Stock

    $ 8.7  
    

Ratio of earnings to fixed charges

      11.5  
    

Ratio of earnings to fixed charges and preferred dividends

      9.6