EX-12 4 exh12.txt EXHIBIT 12, 10-K FY01 EXHIBIT 12 DARDEN RESTAURANTS, INC. COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES (Dollar Amounts in Thousands)
Fiscal Year Ended --------------------------------------------------------------------------------------------------------------------- May 27, May 28, May 30, May 31, May 25, 2001 2000 1999 1998 1997 --------------------------------------------------------------------------------------------------------------------- Consolidated Earnings from Operations before Restructuring and Asset Impairment Expense or (Credit), Net, and Income Taxes........$ 301,217 $ 267,976 $207,414 $ 153,672 $ 75,401 Plus Fixed Charges..................... 54,548 43,833 39,929 38,569 39,582 Less Capitalized Interest.............. (3,671) (1,910) (593) (1,018) (739) --------- ---------- -------- ---------- ---------- Consolidated Earnings from Operations before Restructuring and Asset Impairment Expense or (Credit), Net, and Income Taxes Available to Cover Fixed Charges.......$ 352,094 $ 309,899 $ 246,750 $ 191,223 $ 114,244 ========= ========== ========== ========== ========= Ratio of Consolidated Earnings to Fixed Charges.......................... 6.45 7.07 6.18 4.96 2.89 ========= ========== ========== =========== ========= ---------------------------------------------------------------------------------------------------------------------