EXHIBIT 12
HASBRO, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Nine Months and Quarter Ended September 26, 2004
(Thousands of Dollars)
	Nine
	Months	Quarter
	-------	-------
Earnings available for fixed charges:
Net earnings	$ 114,058	88,687
Add:
Fixed charges	33,097	10,848
Income taxes	36,501	30,609
	------------	----------
Total	$ 183,656	130,144
	=======	======
Fixed charges:
Interest on long-term debt	$ 21,293	6,995
Other interest charges	2,678	1,290
Amortization of debt expense	785	240
Rental expense representative
of interest factor	8,341	2,323
	------------	----------
Total	$ 33,097	10,848
	=======	======
Ratio of earnings to fixed charges	5.549	11.997
	=======	======