EX-12.1 2 a09-1837_1ex12d1.htm EX-12.1

EXHIBIT 12.1

 

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE KROGER CO. AND CONSOLIDATED SUBSIDIARY COMPANIES FOR THE FIVE FISCAL YEARS ENDED JANUARY 31, 2009

 

 

 

January 31,
2009
(52 weeks)

 

February 2,
2008
(52 weeks)

 

February 3,
2007
(53 weeks)

 

January 28,
2006
(52 weeks)

 

January 29,
2005
(52 weeks)

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Earnings before tax expense

 

$

1,966

 

$

1,827

 

$

1,748

 

$

1,525

 

$

286

 

Fixed charges

 

872

 

855

 

870

 

895

 

950

 

Capitalized interest

 

(11

)

(14

)

(13

)

(7

)

(5

)

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax earnings before fixed charges

 

$

2,827

 

$

2,668

 

$

2,605

 

$

2,413

 

$

1,231

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest

 

$

496

 

$

488

 

$

501

 

$

518

 

$

562

 

Portion of rental Payments deemed to be interest

 

376

 

367

 

370

 

377

 

388

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

872

 

$

855

 

$

871

 

$

895

 

$

950

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

3.2

 

3.1

 

3.0

 

2.7

 

1.3

 

 

1