EX-12.1 4 l90558aex12-1.txt EXHIBIT 12.1 1 Exhibit 12.1 Schedule of computation of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies and unconsolidated companies as if consolidated for the periods shown:
Two Quarters Ended Fiscal Years Ended -------------------------- ------------------------------------------------------------------ August 18, August 12, January 29, January 2, December 27, December 28, 2001 2000 2000 1999 1997 1996 (28 Weeks) (28 Weeks) (52 weeks) (53 weeks) (52 weeks) (52 weeks) ----------- ------------- ------------- --------------- ---------------- --------------- Earnings: Earnings before tax expense (credit), and extraordinary loss........ $ 917 $ 527 $ 1,102 $ 889 $ 954 $ 701 Fixed charges................. 571 568 1,010 1,038 679 595 Capitalized interest.......... (6) (4) (5) (9) (10) (12) ----------- ------------- ------------- --------------- ---------------- --------------- $ 1,482 $ 1,091 $ 2,107 $ 1,918 $ 1,623 $ 1,284 =========== ============= ============= =============== ================ =============== Fixed charges: Interest...................... $ 363 $ 365 $ 644 $ 654 $ 397 $ 361 Portion of rental payments deemed to be interest............ 208 203 366 384 282 234 ----------- ------------- ------------- --------------- ---------------- --------------- $ 571 $ 568 $ 1,010 $ 1,038 $ 679 $ 595 =========== ============= ============= =============== ================ =============== Ratio of earnings to fixed charges................. 2.6 1.9 2.1 1.8 2.4 2.2