EX-12 3 g13213qexv12.htm EXHIBIT 12

Exhibit 12

Exhibit 12

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

		First Quarter
		2008				2007
Computation of Earnings
Income (loss) before income taxes		$	(6,420	)		$	7,650
Add:
Minority interest			(339	)			681
Interest expense			9,820				11,450
Amortization of debt premium/discount and expenses			615				768
Interest portion of rent expense			308				305
Earnings as adjusted		$	3,984			$	20,854
Computation of Fixed Charges:
Interest expense		$	9,820			$	11,450
Capitalized interest			158				273
Amortization of debt premium/discount and expenses			615				768
Interest portion of rent expense			308				305
Fixed charges		$	10,901			$	12,796
Ratio of Earnings to Fixed Charges			0.37				1.63