Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - SONOCO PRODUCTS CO | d247647d8k.htm |
| EX-1.4 - AMENDED AND RESTATED UNDERWRITING AGREEMENT - SONOCO PRODUCTS CO | d247647dex14.htm |
| EX-5.3 - OPINION OF HAYNSWORTH SINKLER BOYD, P.A. - SONOCO PRODUCTS CO | d247647dex53.htm |
| EX-4.11 - THIRD SUPPLEMENTAL INDENTURE - SONOCO PRODUCTS CO | d247647dex411.htm |
| EX-4.12 - FOURTH SUPPLEMENTAL INDENTURE - SONOCO PRODUCTS CO | d247647dex412.htm |
EXHIBIT 12.1
SONOCO PRODUCTS COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Six months ended | Years Ended December 31 | |||||||||||||||||||||||||||
| July 3, 2011 | June 27, 2010 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||||
| EARNINGS |
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| Pretax income - as reported |
$ | 154,922 | $ | 149,054 | $ | 254,454 | $ | 214,221 | $ | 202,376 | $ | 255,626 | $ | 274,808 | ||||||||||||||
| Add: Distributed income from affiliates |
2,115 | 3,425 | 17,123 | 5,563 | 7,632 | 8,435 | 9,496 | |||||||||||||||||||||
| Add: Fixed charges |
28,457 | 26,370 | 58,352 | 60,591 | 72,964 | 79,950 | 68,669 | |||||||||||||||||||||
| Amortization of capitalized interest |
1,180 | 1,123 | 2,303 | 2,301 | 2,161 | 2,245 | 2,115 | |||||||||||||||||||||
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| Total Earnings |
186,674 | 179,972 | 332,232 | 282,676 | 285,133 | 346,256 | 355,088 | |||||||||||||||||||||
| Less: Capitalized interest |
(1,502 | ) | (1,100 | ) | (3,817 | ) | (2,899 | ) | (1,917 | ) | (2,916 | ) | (2,666 | ) | ||||||||||||||
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| Adjusted earnings |
$ | 185,172 | $ | 178,872 | $ | 328,415 | $ | 279,777 | $ | 283,216 | $ | 343,340 | $ | 352,422 | ||||||||||||||
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| FIXED CHARGES |
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| Interest expense |
$ | 18,709 | $ | 17,869 | $ | 37,413 | $ | 40,992 | $ | 53,401 | $ | 61,440 | $ | 51,952 | ||||||||||||||
| Capitalized interest |
1,502 | 1,100 | 3,817 | 2,899 | 1,917 | 2,916 | 2,666 | |||||||||||||||||||||
| Portion of rents representative of the interest factor |
8,246 | 7,401 | 17,122 | 16,700 | 17,646 | 15,594 | 14,051 | |||||||||||||||||||||
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| Total fixed charges |
$ | 28,457 | $ | 26,370 | $ | 58,352 | $ | 60,591 | $ | 72,964 | $ | 79,950 | $ | 68,669 | ||||||||||||||
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| Ratio of Earnings to Fixed Charges |
6.51 | 6.78 | 5.63 | 4.62 | 3.88 | 4.29 | 5.13 | |||||||||||||||||||||
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