EX-99.1 6 exhibit99-1.htm ADDITIONAL EXHIBITS - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS

EXHIBIT 99.1

Schedule of computation of ratio of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies for the five fiscal years ended February 3, 2007 and for the two quarters ended August 18, 2007 and August 12, 2006.

  August 18, August 12, February 3, January 28, January 29, January 31,   February 1,
  2007 2006   2007   2006   2005   2004 2003
  (28 weeks) (28 weeks) (53 weeks) (52 weeks) (52 weeks) (52 weeks) (52 weeks)
  (in millions of dollars)
Earnings:                             
Earnings before tax expense  $  977   828   $  1,748   $  1,525   $  286   $  739   $  1,950  
Fixed charges    451     471     870     895     950     983     1,000  
Capitalized interest    (8 )    (7 )    (13 )    (7 )    (5 )    (5 )    (5 ) 
     Pre-tax earnings before fixed charges  $  1,420   1,292   $  2,605   $  2,413   $  1,231   $  1,717   $  2,945  
 
Fixed charges:                             
Interest  $  258   272   $  501   $  518   $  562   $  609   $  624  
Portion of rental payments deemed to be                             
   interest    193     199     370     377     388     374     376  
 
     Total fixed charges  $  451   471   $  871   $  895   $  950   $  983   $  1,000  
Ratio of earnings to fixed charges    3.1     2.7     3.0     2.7     1.3     1.7     2.9  

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