EX-12 2 g10192exv12.htm EXHIBIT 12

Exhibit 12

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Coca-Cola Bottling Co. Consolidated
Earnings to Fixed Charges
(In Thousands, Except Ratios)

		Third Quarter								First Nine Months
		2007				2006				2007				2006
Computation of Earnings
Income before income taxes		$	7,995			$	8,246			$	34,676			$	24,865
Add:
Minority interest			110				841				1,960				2,546
Interest expense			12,413				12,087				36,920				35,822
Amortization of debt premium/discount and expenses			639				658				2,051				1,986
Interest portion of rent expense			313				301				989				889
Earnings as adjusted		$	21,470			$	22,133			$	76,596			$	66,108
Computation of Fixed Charges:
Interest expense		$	12,413			$	12,087			$	36,920			$	35,822
Capitalized interest			29				171				326				316
Amortization of debt premium/discount and expenses			639				658				2,051				1,986
Interest portion of rent expense			313				301				989				889
Fixed charges		$	13,394			$	13,217			$	40,286			$	39,013
Ratio of Earnings to Fixed Charges			1.60				1.67				1.90				1.69