EX-12 3 0003.txt COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES (Unaudited) Eli Lilly and Company and Subsidiaries (Dollars in millions)
Six Months Ended Years Ended December 31, June 30, ---------------------------------------------------- 2000 1999 1998 1997 1996 1995 ----------------------------------------------------------------------------- Consolidated Pretax Income from Continuing Operations before Extraordinary Item................ $1,876.6 $3,245.5 $2,665.0 $2,901.1 $2,131.3 $1,866.6 Interest from Continuing Operations and Other Fixed Changes..................... 112.9 213.1 198.3 253.1 323.8 323.9 Less Interest Capitalized during the Period from Continuing Operations............. (20.6) (29.3) (17.0) (20.4) (35.8) (38.3) ----------------------------------------------------------------------------- Earnings............................ $1,968.9 $3,429.2 $2,846.3 $3,133.8 $2,419.3 $2,152.2 ============================================================================= Fixed Charges /1/................... $ 112.9 $ 213.2 $ 200.5 $ 256.8 $ 328.5 $ 323.9 ============================================================================= Ratio of Earnings to Fixed Charges..................... 17.4 16.1 14.2 12.2 7.4 6.6 =============================================================================
/1/ Fixed charges include interest from continuing operations for all years presented and preferred stock dividends for 1996 through 1999. 20