EX-12.1 3 a09-36165_1ex12d1.htm EX-12.1

EXHIBIT 12.1

SCHEDULE OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES FOR THE KROGER CO. AND CONSOLIDATED SUBSIDIARY COMPANIES FOR THE FIVE FISCAL YEARS ENDED JANUARY 30, 2010

|  | January 30, 2010 (52 weeks) |  | January 31, 2009 (52 weeks) |  | February 2, 2008 (52 weeks) |  | February 3, 2007 (53 weeks) |  | January 28, 2006 (52 weeks) |
Earnings: |  |  |  |  |  |  |  |  |  |  |
Earnings before tax expense |  | $ | 589 |  | $ | 1,967 |  | $ | 1,888 |  | $ | 1,759 |  | $ | 1,525 |
Fixed charges |  | 881 |  | 872 |  | 855 |  | 870 |  | 895 |
Capitalized interest |  | (10 | ) | (11 | ) | (14 | ) | (13 | ) | (7 | )
Pre-tax earnings before fixed charges |  | $ | 1,460 |  | $ | 2,828 |  | $ | 2,729 |  | $ | 2,616 |  | $ | 2,413 |
Fixed charges: |  |  |  |  |  |  |  |  |  |  |
Interest |  | $ | 512 |  | $ | 496 |  | $ | 488 |  | $ | 500 |  | $ | 518 |
Portion of rental payments deemed to be interest |  | 369 |  | 376 |  | 367 |  | 370 |  | 377 |
Total fixed charges |  | $ | 881 |  | $ | 872 |  | $ | 855 |  | $ | 870 |  | $ | 895 |
Ratio of earnings to fixed charges |  | 1.7 |  | 3.2 |  | 3.2 |  | 3.0 |  | 2.7 |

1