EX-12 7 g24279exv12.htm EX-12 exv12
Exhibit 12
Coca-Cola Bottling Co. Consolidated
Ratio of Earnings to Fixed Charges
(In Thousands, Except Ratios)
                                 
    Second Quarter     First Half  
    2010     2009     2010     2009  
Computation of Earnings:
                               
Income before income taxes
  $ 21,016     $ 20,743     $ 29,865     $ 32,626  
Add:
                               
Interest expense
    8,224       9,350       16,462       18,043  
Amortization of debt premium/discount and expenses
    588       615       1,170       1,218  
Interest portion of rent expense
    451       379       827       725  
 
                       
Earnings as adjusted
  $ 30,279     $ 31,087     $ 48,324     $ 52,612  
 
                       
 
                               
Computation of Fixed Charges:
                               
Interest expense
  $ 8,224     $ 9,350     $ 16,462     $ 18,043  
Capitalized interest
    12       (28 )     77       51  
Amortization of debt premium/discount and expenses
    588       615       1,170       1,218  
Interest portion of rent expense
    451       379       827       725  
 
                       
Fixed charges
  $ 9,275     $ 10,316     $ 18,536     $ 20,037  
 
                       
 
                               
Ratio of Earnings to Fixed Charges
    3.26       3.01       2.61       2.63