EX-12 2 g23362exv12.htm EX-12 exv12
Exhibit 12
Coca-Cola Bottling Co. Consolidated
Ratio of Earnings to Fixed Charges
(In Thousands, Except Ratios)
                 
    First Quarter  
    2010     2009  
Computation of Earnings:
               
Income before income taxes
  $ 8,849     $ 11,883  
Add:
               
Interest expense
    8,238       8,693  
Amortization of debt premium/discount and expenses
    582       603  
Interest portion of rent expense
    376       346  
 
           
Earnings as adjusted
  $ 18,045     $ 21,525  
 
           
 
               
Computation of Fixed Charges:
               
Interest expense
  $ 8,238     $ 8,693  
Capitalized interest
    65       79  
Amortization of debt premium/discount and expenses
    582       603  
Interest portion of rent expense
    376       346  
 
           
Fixed charges
  $ 9,261     $ 9,721  
 
           
 
               
Ratio of Earnings to Fixed Charges
    1.95       2.21