EX-12 11 0011.txt EXHIBIT 12 EXHIBIT 12 HASBRO, INC. AND SUBSIDIARIES Computation of Ratio of Earnings to Fixed Charges Fiscal Years Ended in December (Thousands of Dollars) 2000 1999 1998 1997 1996 ---- ---- ---- ---- ---- Earnings available for fixed charges: Net earnings (loss) ($144,631) 188,953 206,365 134,986 199,912 Add: Fixed charges 135,302 88,456 53,209 43,893 47,174 Taxes on income (81,355) 84,892 97,113 69,539 106,981 ------- ------- ------- ------- ------- Total ($90,684) 362,301 356,687 248,418 354,067 ======= ======= ======= ======= ======= Fixed charges: Interest on long-term debt $ 74,206 25,068 9,688 7,348 9,258 Other interest charges 40,215 44,272 26,423 20,138 22,207 Amortization of debt expense 1,724 425 121 377 339 Rental expense representa- tive of interest factor 19,157 18,691 16,977 16,030 15,370 ------- ------- ------- ------- ------- Total $135,302 88,456 53,209 43,893 47,174 ======= ======= ======= ======= ======= Ratio of earnings to fixed charges (0.67) 4.10 6.70 5.66 7.51 ======= ======= ======= ======= =======