EXHIBIT 12
HASBRO, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Six Months and Quarter Ended June 30, 2002
(Thousands of Dollars)
	Six
	Months		Quarter
	-------		-------
Earnings available for fixed charges:
Net loss	$(288,678	)	(25,888	)
Add:
Cumulative effect of accounting change	245,732		-
Fixed charges	47,850		23,476
Income taxes	(15,089	)	(9,095	)
	------------		----------
Total	$(10,185	)	(11,507	)
	=======		======
Fixed Charges:
Interest on long-term debt	$ 35,909		17,505
Other interest charges	1,950		812
Amortization of debt expense	984		536
Rental expense representative
of interest factor	9,007		4,623
	------------		----------
Total	$ 47,850		23,476
	=======		======
Ratio of earnings to fixed charges	(0.21	)	(0.49	)
	=======		======