EX-12 7 c83409exv12.txt COMPUTATION OF RATIO EARNINGS . . . EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES Eli Lilly and Company and Subsidiaries (Dollars in millions)
Years Ended December 31, ---------------------------------------------------------- 2003 2002 2001 2000 1999 ---------- ---------- ---------- ---------- ---------- Consolidated pretax income from continuing operations ................. $ 3,261.7 $ 3,457.7 $ 3,506.9 $ 3,858.7 $ 3,245.4 Interest from continuing operations and other fixed charges .............. 121.9 140.0 253.3 225.4 213.1 Less interest capitalized during the period from continuing operations ...... (60.9) (60.3) (61.5) (43.1) (29.3) ---------- ---------- ---------- ---------- ---------- Earnings ..................... $ 3,322.7 $ 3,537.4 $ 3,698.7 $ 4,041.0 $ 3,429.2 ========== ========== ========== ========== ========== Fixed charges ................ $ 121.9 $ 140.0 $ 253.3 $ 225.4 $ 213.2 ========== ========== ========== ========== ========== Ratio of earnings to fixed charges .............. 27.3 25.3 14.6 17.9 16.1 ========== ========== ========== ========== ==========