Attached files
| file | filename |
|---|---|
| 10-K/A - FORM 10-K/A - RETAIL VENTURES INC | c06754e10vkza.htm |
| EX-23 - EXHIBIT 23 - RETAIL VENTURES INC | c06754exv23.htm |
| EX-24 - EXHIBIT 24 - RETAIL VENTURES INC | c06754exv24.htm |
| EX-21 - EXHIBIT 21 - RETAIL VENTURES INC | c06754exv21.htm |
| EX-32.2 - EXHIBIT 32.2 - RETAIL VENTURES INC | c06754exv32w2.htm |
| EX-31.2 - EXHIBIT 31.2 - RETAIL VENTURES INC | c06754exv31w2.htm |
| EX-32.1 - EXHIBIT 32.1 - RETAIL VENTURES INC | c06754exv32w1.htm |
| EX-31.1 - EXHIBIT 31.1 - RETAIL VENTURES INC | c06754exv31w1.htm |
EXHIBIT 12
Retail Ventures, Inc.
Computation of Ratio of Earnings to Fixed Charges
(in thousands except ratios)
Computation of Ratio of Earnings to Fixed Charges
(in thousands except ratios)
| Year Ended | ||||||||||||||||||||
| 1/30/10 | 1/31/09 | 2/2/08 | 2/3/07 | 1/28/06 | ||||||||||||||||
| Earnings | ||||||||||||||||||||
Income
(loss) before income taxes, noncontrolling
interest, equity earnings and discontinued operations |
$ | (53,555 | ) | $ | 126,066 | $ | 334,249 | $ | (70,627 | ) | $ | (81,944 | ) | |||||||
Fixed charges (as below) |
53,803 | 51,790 | 48,215 | 38,931 | 30,420 | |||||||||||||||
Total earnings (loss) |
$ | 248 | $ | 177,856 | $ | 382,464 | $ | (31,696 | ) | $ | (51,524 | ) | ||||||||
| Fixed Charges | ||||||||||||||||||||
Interest expense |
$ | 13,632 | $ | 13,603 | $ | 13,896 | $ | 8,487 | $ | 2,306 | ||||||||||
Estimated interest element in minimum rent
expense (3) |
40,171 | 38,187 | 34,319 | 30,444 | 28,114 | |||||||||||||||
Total fixed charges |
$ | 53,803 | $ | 51,790 | $ | 48,215 | $ | 38,931 | $ | 30,420 | ||||||||||
Ratio of earnings (loss) to fixed charges |
0.00 | (1) | 3.43 | 7.93 | (0.81 | )(2) | (1.69 | )(3) | ||||||||||||
| (1) | For the year ended January 30, 2010 the earnings to cover fixed charges were
deficient by $53,555. |
|
| (2) | For the year ended February 3, 2007 the earnings to cover fixed charges were
deficient by $70,627. |
|
| (3) | For the year ended January 28, 2006 the earnings to cover fixed charges were
deficient by $81,944. |