EX-12 3 exhibit12.htm RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12



 

Exhibit 12

 

HASBRO, INC. AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

Nine Months and Quarter Ended September 25, 2011

 

(Thousands of Dollars)

 
 
 
     

 

Nine

   

 

Months

 

Quarter

 
 

------------

 

------------

 

Earnings available for fixed charges:

    

  Net earnings

$246,237

 

170,990

 

  Add:

    

    Fixed charges

78,530

 

26,685

 

    Income taxes

51,012

 

50,467

 
 

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-----------

 

     Total

$375,779

 

248,142

 
 

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Fixed charges:

    

  Interest expense

$  66,702

 

22,479

 

  Rental expense representative

    

   of interest factor

11,828

 

4,206

 

 

-----------

 

-----------

 

      Total

$  78,530

 

26,685

 
 

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Ratio of earnings to fixed charges

4.79

 

9.30

 

 

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