EX-12 2 dex12.htm RATIO OF EARNINGS TO FIXED CHARGES

Ratio of earnings to fixed charges

Exhibit 12

Coca-Cola Bottling Co. Consolidated

Earnings to Fixed Charges

In Thousands (Except Ratios)

		Second Quarter						First Half
		2006			2005			2006			2005
Computation of Earnings
Income before income taxes		$	15,245		$	19,849		$	16,619		$	21,057
Add:
Minority interest			1,149			1,441			1,705			1,961
Interest expense			12,180			12,547			23,735			23,775
Amortization of debt premium/discount and expenses			663			346			1,328			616
Interest portion of rent expense			296			266			588			536
Earnings as adjusted		$	29,533		$	34,449		$	43,975		$	47,945
Computation of Fixed Charges:
Interest expense		$	12,180		$	12,547		$	23,735		$	23,775
Capitalized interest			82			74			145			134
Amortization of debt premium/discount and expenses			663			346			1,328			616
Interest portion of rent expense			296			266			588			536
Fixed charges		$	13,221		$	13,233		$	25,796		$	25,061
Ratio of Earnings to Fixed Charges			2.23			2.60			1.70			1.91