EX-12 2 g24484exv12.htm EX-12 exv12
Exhibit 12
Coca-Cola Bottling Co. Consolidated
Ratio of Earnings to Fixed Charges
(In Thousands, Except Ratios)
                                 
    Second Quarter     First Half  
    2011     2010     2011     2010  
Computation of Earnings
                               
Income before income taxes
  $ 19,378     $ 21,016     $ 29,788     $ 29,865  
Add:
                               
Interest expense
    8,477       8,224       16,682       16,462  
Amortization of debt premium/discount and expenses
    572       588       1,141       1,170  
Interest portion of rent expense
    409       451       828       827  
 
                       
Earnings as adjusted
  $ 28,836     $ 30,279     $ 48,439     $ 48,324  
 
                       
 
                               
Computation of Fixed Charges:
                               
Interest expense
  $ 8,477     $ 8,224     $ 16,682     $ 16,462  
Capitalized interest
    39       12       122       77  
Amortization of debt premium/discount and expenses
    572       588       1,141       1,170  
Interest portion of rent expense
    409       451       828       827  
 
                       
Fixed charges
  $ 9,497     $ 9,275     $ 18,773     $ 18,536  
 
                       
 
                               
Ratio of Earnings to Fixed Charges
    3.04       3.26       2.58       2.61