EX-12 7 d718730dex12.htm EX-12 EX-12

Exhibit 12

HASBRO, INC. AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

(Thousands of Dollars)

 

     Three
Months
Ended
March 30,
     Fiscal Year Ended December,  
     2014      2013     2012     2011     2010     2009  

Earnings available for fixed charges:

             

Earnings before income taxes

   $ 25,995         351,822        453,402        486,393        507,720        529,697   

Add:

             

Fixed charges

     25,928         120,422        106,687        104,834        96,082        76,124   

Subtract:

             

Earnings (losses) from equity investees

     1,336         (2,386     (6,015     (7,290     (9,323     3,856   

Total

   $ 50,587         474,630        566,104        598,517        613,125        601,965   

Fixed charges:

             

Interest expense

   $ 22,428         105,585        91,141        89,022        82,112        61,603   

Rental expense representative of interest factor

     3,500         14,837        15,546        15,812        13,970        14,521   

Total

   $ 25,928         120,422        106,687        104,834        96,082        76,124   

Ratio of earnings to fixed charges

     1.95         3.94        5.31        5.71        6.38        7.91