EX-12 5 d744588dex12.htm EX-12

EXHIBIT 12

Mondelēz International, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in millions of dollars, except ratio)

|  | For the Three Months Ended June 30, 2014 |  |  | For the Six Months Ended June 30, 2014 |
Earnings before income taxes |  | $ | 733 |  |  | $ | 856 |
Add / (Deduct): |  |  |  |  |  |  |  |
Equity in net earnings of less than 50% owned affiliates |  |  | (33 | ) |  |  | (60 | )
Dividends from less than 50% owned affiliates |  |  | 3 |  |  |  | 60 |
Fixed charges |  |  | 255 |  |  |  | 515 |
Interest capitalized, net of amortization |  |  | (1 | ) |  |  | (1 | )
Earnings available for fixed charges |  | $ | 957 |  |  | $ | 1,370 |
Fixed charges: |  |  |  |  |  |  |  |
Interest incurred: |  |  |  |  |  |  |  |
Interest expense |  | $ | 234 |  |  | $ | 474 |
Capitalized interest |  |  | 1 |  |  |  | 1 |
|  |  | 235 |  |  |  | 475 |
Portion of rent expense deemed to represent interest factor |  |  | 20 |  |  |  | 40 |
Fixed charges |  | $ | 255 |  |  | $ | 515 |
Ratio of earnings to fixed charges |  |  | 3.8 |  |  |  | 2.7 |