EX-12 8 b58828hcexv12.txt EX-12 STATEMENT RE COMPUTATION OF RATIOS EXHIBIT 12 HASBRO, INC. AND SUBSIDIARIES Computation of Ratio of Earnings to Fixed Charges Fiscal Years Ended in December (Thousands of Dollars)
2005 2004 2003 2002 2001 -------- -------- -------- -------- -------- Earnings available for fixed charges: Net earnings (loss) $212,075 195,977 157,664 (170,674) 59,732 Add: Cumulative effect of accounting change -- -- 17,351 245,732 1,066 Fixed charges 42,394 43,890 68,467 99,209 126,323 Taxes on income 98,838 64,111 69,049 29,030 35,401 -------- -------- -------- -------- -------- Total $353,307 303,978 312,531 203,297 222,522 ======== ======== ======== ======== ======== Fixed charges: Interest on long-term debt $ 26,602 27,813 44,461 69,480 86,244 Other interest charges 2,423 3,205 6,413 8,019 17,444 Amortization of debt expense 1,512 680 1,588 1,843 3,031 Rental expense representative of interest factor 11,857 12,192 16,005 19,867 19,604 -------- -------- -------- -------- -------- Total $ 42,394 43,890 68,467 99,209 126,323 ======== ======== ======== ======== ======== Ratio of earnings to fixed charges 8.33 6.93 4.56 2.05 1.76 ======== ======== ======== ======== ========