Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - SONOCO PRODUCTS CO | g24992e8vk.htm |
| EX-5.2 - EX-5.2 - SONOCO PRODUCTS CO | g24992exv5w2.htm |
| EX-4.8 - EX-4.8 - SONOCO PRODUCTS CO | g24992exv4w8.htm |
| EX-1.3 - EX-1.3 - SONOCO PRODUCTS CO | g24992exv1w3.htm |
Exhibit 12.1
SONOCO PRODUCTS COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Nine months ended | Years Ended December 31 | |||||||||||||||||||||||||||
| September 26, 2010 | September 27, 2009 | 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||||
EARNINGS |
||||||||||||||||||||||||||||
Pretax income — as reported |
$ | 225,495 | $ | 147,723 | $ | 214,221 | $ | 202,376 | $ | 255,626 | $ | 274,808 | $ | 231,126 | ||||||||||||||
Add: Distributed income from
affiliates |
10,415 | 4,030 | 5,563 | 7,632 | 8,435 | 9,496 | 6,766 | |||||||||||||||||||||
Add: Fixed charges |
40,482 | 45,912 | 60,591 | 72,964 | 79,950 | 68,669 | 67,568 | |||||||||||||||||||||
Amortization of
capitalized
interest |
1,697 | 1,725 | 2,301 | 2,161 | 2,245 | 2,115 | 1,911 | |||||||||||||||||||||
Total Earnings |
278,089 | 199,390 | 282,676 | 285,133 | 346,256 | 355,088 | 307,371 | |||||||||||||||||||||
Less: Capitalized interest |
(1,945 | ) | (2,217 | ) | (2,899 | ) | (1,917 | ) | (2,916 | ) | (2,666 | ) | (2,042 | ) | ||||||||||||||
Adjusted earnings |
$ | 276,144 | $ | 197,173 | $ | 279,777 | $ | 283,216 | $ | 343,340 | $ | 352,422 | $ | 305,329 | ||||||||||||||
FIXED CHARGES |
||||||||||||||||||||||||||||
Interest expense |
$ | 27,045 | $ | 31,167 | $ | 40,992 | $ | 53,401 | $ | 61,440 | $ | 51,952 | $ | 51,559 | ||||||||||||||
Capitalized interest |
1,945 | 2,217 | 2,899 | 1,917 | 2,916 | 2,666 | 2,042 | |||||||||||||||||||||
Portion of rents
representative of the
interest factor |
11,492 | 12,528 | 16,700 | 17,646 | 15,594 | 14,051 | 13,967 | |||||||||||||||||||||
Total fixed charges |
$ | 40,482 | $ | 45,912 | $ | 60,591 | $ | 72,964 | $ | 79,950 | $ | 68,669 | $ | 67,568 | ||||||||||||||
Ratio of Earnings to Fixed Charges |
6.82 | 4.29 | 4.62 | 3.88 | 4.29 | 5.13 | 4.52 | |||||||||||||||||||||