EX-12.1 3 l85787fex12-1.txt EXHIBIT 12.1 1 Exhibit 12.1 Schedule of computation of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies and unconsolidated companies as if consolidated for the periods shown:
Fiscal Years Ended ------------------------------------------------------------------------------------------- February 3, January 29, January 2, December 27, December 28, 2001 2000 1999 1997 1996 (53 Weeks) (52 weeks) (53 weeks) (52 weeks) (52 weeks) --------------- --------------- ----------------- ------------------ ----------------- Earnings: Earnings before tax expense (credit), and extraordinary loss........ $ 1,508 $ 1,102 $ 889 $ 954 $ 701 Fixed charges................. 1,058 1,010 1,038 679 595 Capitalized interest.......... (7) (5) (9) (10) (12) --------------- --------------- ----------------- ------------------ ----------------- $ 2,559 $ 2,107 $ 1,918 $ 1,623 $ 1,284 =============== =============== ================= ================== ================= Fixed charges: Interest...................... $ 683 $ 644 $ 654 $ 397 $ 361 Portion of rental payments deemed to be interest............ 375 366 384 282 234 --------------- --------------- ----------------- ------------------ ----------------- $ 1,058 $ 1,010 $ 1,038 $ 679 $ 595 =============== =============== ================= ================== ================= Ratio of earnings to fixed charges................. 2.4 2.1 1.8 2.4 2.2