EX-12 3 c85216exv12.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS exv12
 

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)

                                                 
    Three Months
Ended		                
    March 31,           Years Ended December 31,    
    2004
   2003
   2002
   2001
   2000
   1999
Consolidated pretax income from continuing operations
   $ 615.5     $ 3,261.7     $ 3,457.7     $ 3,506.9     $ 3,858.7     $ 3,245.4  
Interest from continuing operations and other fixed charges
     32.3       121.9       140.0       253.3       225.4       213.1  
Less interest capitalized during the period from continuing operations
     (23.0 )     (60.9 )     (60.3 )     (61.5 )     (43.1 )     (29.3 )
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Earnings
   $ 624.8     $ 3,322.7     $ 3,537.4     $ 3,698.7     $ 4,041.0     $ 3,429.2  
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Fixed charges
   $ 32.3     $ 121.9     $ 140.0     $ 253.3     $ 225.4     $ 213.2  
 
    
 		      
 		      
 		      
 		      
 		      
 		  
Ratio of earnings to fixed charges
     19.3       27.3       25.3       14.6       17.9       16.1