EX-12.1 3 a12-1263_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 28, 2012

 

 

 

January 28,
2012
(52 weeks)

 

January 29,
2011
(52 weeks)

 

January 30,
2010
(52 weeks)

 

January 31,
2009
(52 weeks)

 

February 2,
2008
(52 weeks)

 

Earnings:

 

 

 

 

 

 

 

 

 

 

 

Earnings before tax expense

 

$

843

 

$

1,734

 

$

589

 

$

1,967

 

$

1,888

 

Fixed charges

 

794

 

826

 

881

 

872

 

855

 

Capitalized interest

 

(6

)

(7

)

(10

)

(11

)

(14

)

 

 

 

 

 

 

 

 

 

 

 

 

Pre-tax earnings before fixed charges

 

$

1,631

 

$

2,553

 

$

1,460

 

$

2,828

 

$

2,729

 

 

 

 

 

 

 

 

 

 

 

 

 

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

Interest

 

$

441

 

$

455

 

$

512

 

$

496

 

$

488

 

Portion of rental payments deemed to be interest

 

353

 

371

 

369

 

376

 

367

 

 

 

 

 

 

 

 

 

 

 

 

 

Total fixed charges

 

$

794

 

$

826

 

$

881

 

$

872

 

$

855

 

 

 

 

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

2.1

 

3.1

 

1.7

 

3.2

 

3.2

 

 

1