EX-12 5 b63637hoexv12.txt EX-12 STATEMENT RE-COMPUTATION OF RATIO OF EARNINGS EXHIBIT 12 HASBRO, INC. AND SUBSIDIARIES Computation of Ratio of Earnings to Fixed Charges Fiscal Years Ended in December (Thousands of Dollars)
2006 2005 2004 2003 2002 -------- ------- ------- ------- -------- Earnings available for fixed charges: Net earnings (loss) $230,055 212,075 195,977 157,664 (170,674) Add: Cumulative effect of accounting change -- -- -- 17,351 245,732 Fixed charges 39,055 42,394 43,890 68,467 99,209 Taxes on income 111,419 98,838 64,111 69,049 29,030 -------- ------- ------- ------- -------- Total $380,529 353,307 303,978 312,531 203,297 ======== ======= ======= ======= ======== Fixed charges: Interest on long-term debt $ 23,157 26,602 27,813 44,461 69,480 Other interest charges 2,884 2,423 3,205 6,413 8,019 Amortization of debt expense 1,480 1,512 680 1,588 1,843 Rental expense representative of interest factor 11,534 11,857 12,192 16,005 19,867 -------- ------- ------- ------- -------- Total $ 39,055 42,394 43,890 68,467 99,209 ======== ======= ======= ======= ======== Ratio of earnings to fixed charges 9.74 8.33 6.93 4.56 2.05 ======== ======= ======= ======= ========