EX-12 2 d512087dex12.htm EX-12

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Coca-Cola Bottling Co. Consolidated

Ratio of Earnings to Fixed Charges

(In Thousands, Except Ratios)

|  | First Quarter |
|  | 2013 |  |  | 2012 |
Computation of Earnings: |  |  |  |  |  |  |  |
Income before income taxes |  | $ | 8,109 |  |  | $ | 9,562 |
Add: |  |  |  |  |  |  |  |
Interest expense |  |  | 6,893 |  |  |  | 8,495 |
Amortization of debt premium/discount and expenses |  |  | 487 |  |  |  | 578 |
Interest portion of rent expense |  |  | 520 |  |  |  | 498 |
Earnings as adjusted |  | $ | 16,009 |  |  | $ | 19,133 |
Computation of Fixed Charges: |  |  |  |  |  |  |  |
Interest expense |  | $ | 6,893 |  |  | $ | 8,495 |
Capitalized interest |  |  | 54 |  |  |  | 11 |
Amortization of debt premium/discount and expenses |  |  | 487 |  |  |  | 578 |
Interest portion of rent expense |  |  | 520 |  |  |  | 498 |
Fixed charges |  | $ | 7,954 |  |  | $ | 9,582 |
Ratio of Earnings to Fixed Charges |  |  | 2.01 |  |  |  | 2.00 |