EX-99.1 5 exhibit99-1.htm ADDITIONAL EXHIBITS - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

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 three quarters ended November 10, 2007 and November 4, 2006.

 Three Quarters Ended  Fiscal Years Ended
 November 10,  November 4,  February 3,  January 28,  January 29,  January 31,  February 1,
   2007  2006  2007  2006  2005  2004  2003
      (40 weeks)       (40 weeks)       (53 weeks)       (52 weeks)       (52 weeks)       (52 weeks)       (52 weeks)
   (in millions of dollars)
Earnings:  
Earnings before tax expense   $       1,312 $      1,170 $     1,748 $     1,525   $     286   $     739 $     1,950
Fixed charges  650 659 870   895   950 983 1,000
Capitalized interest   (11 )   (10 )     (13 )   (7 )   (5 )   (5 )   (5 )
     Pre-tax earnings before fixed charges $ 1,951     $ 1,819   $ 2,605   $ 2,413   $ 1,231   $ 1,717   $ 2,945  
 
Fixed charges:
Interest $ 372 $ 381 $ 501 $ 518 $ 562 $ 609 $ 624
Portion of rental payments deemed to be
   interest   278     278     370     377     388     374     376  
 
     Total fixed charges $ 650   $ 659   $ 871   $ 895   $ 950   $ 983   $ 1,000  
Ratio of earnings to fixed charges 3.0 2.8 3.0 2.7 1.3 1.7 2.9  

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