EX-12 3 c04851exv12.htm STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES exv12
 

EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Unaudited)
Eli Lilly and Company and Subsidiaries
(Dollars in millions)
                                                 
    Three Months Ended    
    March 31,   Years Ended December 31,
    2006   2005   2004   2003   2002   2001
     
Consolidated pretax Income before cumulative effect of a change in accounting principle
   $ 1,056.7     $ 2,717.5     $ 2,941.9     $ 3,261.7     $ 3,457.7     $ 3,506.9  
 
                                                
Interest
     90.7       245.7       162.9       121.9       140.0       253.3  
 
                                                
Less interest capitalized during the period
     (25.7 )     (140.5 )     (111.3 )     (60.9 )     (60.3 )     (61.5 )
     
 
                                                
Earnings
   $ 1,121.7     $ 2,822.7     $ 2,993.5     $ 3,322.7     $ 3,537.4     $ 3,698.7  
     
 
                                                
Fixed charges
   $ 90.7     $ 245.7     $ 162.9     $ 121.9     $ 140.0     $ 253.3  
     
 
                                                
Ratio of earnings to fixed charges
     12.4       11.5       18.4       27.3       25.3       14.6