Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - RETAIL VENTURES INC | c14623e10vk.htm |
| EX-23 - EXHIBIT 23 - RETAIL VENTURES INC | c14623exv23.htm |
| EX-24 - EXHIBIT 24 - RETAIL VENTURES INC | c14623exv24.htm |
| EX-21 - EXHIBIT 21 - RETAIL VENTURES INC | c14623exv21.htm |
| EX-10.75 - EXHIBIT 10.75 - RETAIL VENTURES INC | c14623exv10w75.htm |
| EX-10.103 - EXHIBIT 10.103 - RETAIL VENTURES INC | c14623exv10w103.htm |
| EX-10.100.2 - EXHIBIT 10.100.2 - RETAIL VENTURES INC | c14623exv10w100w2.htm |
| EX-31.2 - EXHIBIT 31.2 - RETAIL VENTURES INC | c14623exv31w2.htm |
| EX-31.1 - EXHIBIT 31.1 - RETAIL VENTURES INC | c14623exv31w1.htm |
| EX-32.2 - EXHIBIT 32.2 - RETAIL VENTURES INC | c14623exv32w2.htm |
| EX-32.1 - EXHIBIT 32.1 - RETAIL VENTURES INC | c14623exv32w1.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 | ||||||||||||||||||||
| 1/29/11 | 1/30/10 | 1/31/09 | 2/2/08 | 2/3/07 | ||||||||||||||||
Earnings |
||||||||||||||||||||
Income (loss) before income taxes, noncontrolling
interest, equity earnings and discontinued
operations |
$ | 111,793 | $ | (53,555 | ) | $ | 126,066 | $ | 334,249 | $ | (70,627 | ) | ||||||||
Fixed charges (as below) |
53,291 | 53,803 | 51,790 | 48,215 | 38,931 | |||||||||||||||
Total earnings (loss) |
$ | 165,084 | $ | 248 | $ | 177,856 | $ | 382,464 | $ | (31,696 | ) | |||||||||
Fixed Charges |
||||||||||||||||||||
Interest expense |
$ | 13,506 | $ | 13,632 | $ | 13,603 | $ | 13,896 | $ | 8,487 | ||||||||||
Estimated interest element in minimum rent
expense (3) |
39,785 | 40,171 | 38,187 | 34,319 | 30,444 | |||||||||||||||
Total fixed charges |
$ | 53,291 | $ | 53,803 | $ | 51,790 | $ | 48,215 | $ | 38,931 | ||||||||||
Ratio of earnings (loss) to fixed charges |
3.10 | 0.00 | (1) | 3.43 | 7.93 | (0.81 | ) (2) | |||||||||||||
| (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) | Interest component is estimated to be one-third of minimum rent expense. |