EXHIBIT 12
HASBRO, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Nine Months and Quarter Ended September 29, 2002
(Thousands of Dollars)
	Nine
	Months		Quarter
	-------		-------
Earnings available for fixed charges:
Net earnings (loss)	$(232,830	)	55,848
Add:
Cumulative effect of accounting change	245,732		-
Fixed charges	72,637		24,787
Income taxes	4,533		19,622
	------------		----------
Total	$  90,072		100,257
	=======		======
Fixed charges:
Interest on long-term debt	$ 51,670		15,761
Other interest charges	4,086		2,136
Amortization of debt expense	1,421		437
Rental expense representative
of interest factor	15,460		6,453
	------------		----------
Total	$ 72,637		24,787
	=======		======
Ratio of earnings to fixed charges	1.24		4.04
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