EX-12 5 dex12.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio of Earnings to Fixed Charges

Exhibit 12

Coca-Cola Bottling Co. Consolidated

Ratio of Earnings to Fixed Charges

(In Thousands, Except Ratios)

 

     First Quarter
     2007    2006

Computation of Earnings

      

Income before income taxes

    $ 7,650    $ 1,374

Add:

      

Minority interest

      681      556

Interest expense

      11,450      11,555

Amortization of debt premium/discount and expenses

      768      665

Interest portion of rent expense

      305      292
             

Earnings as adjusted

    $ 20,854    $ 14,442
             

Computation of Fixed Charges:

      

Interest expense

    $ 11,450    $ 11,555

Capitalized interest

      273      63

Amortization of debt premium/discount and expenses

      768      665

Interest portion of rent expense

      305      292
             

Fixed charges

    $ 12,796    $ 12,575
             

Ratio of Earnings to Fixed Charges

      1.63      1.15