Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - SONOCO PRODUCTS CO | Financial_Report.xls |
| EX-32 - EX-32 - SONOCO PRODUCTS CO | d847921dex32.htm |
| EX-21 - EX-21 - SONOCO PRODUCTS CO | d847921dex21.htm |
| EX-23 - EX-23 - SONOCO PRODUCTS CO | d847921dex23.htm |
| EX-31 - EX-31 - SONOCO PRODUCTS CO | d847921dex31.htm |
| EX-10.8 - EX-10.8 - SONOCO PRODUCTS CO | d847921dex108.htm |
| 10-K - FORM 10-K - SONOCO PRODUCTS CO | d847921d10k.htm |
EXHIBIT 12
SONOCO PRODUCTS COMPANY
Computation of Ratio of Earnings to Fixed Charges
(Dollars in thousands)
| Years Ended December 31 | ||||||||||||||||||||
| 2014 | 2013 | 2012 | 2011 | 2010 | ||||||||||||||||
| EARNINGS |
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| Pretax income |
$ | 339,120 | $ | 304,549 | $ | 287,074 | $ | 284,406 | $ | 254,454 | ||||||||||
| Add: Distributed income from affiliates |
9,809 | 13,631 | 9,329 | 11,676 | 17,123 | |||||||||||||||
| Add: Fixed charges |
81,806 | 88,704 | 91,690 | 64,341 | 58,352 | |||||||||||||||
| Add: Amortization of capitalized interest |
3,449 | 2,677 | 2,450 | 2,341 | 2,303 | |||||||||||||||
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| Total Earnings |
434,184 | 409,561 | 390,543 | 362,764 | 332,232 | |||||||||||||||
| Less: Capitalized interest |
(3,248 | ) | (5,946 | ) | (4,056 | ) | (3,113 | ) | (3,817 | ) | ||||||||||
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| Adjusted Earnings |
$ | 430,936 | $ | 403,615 | $ | 386,487 | $ | 359,651 | $ | 328,415 | ||||||||||
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| FIXED CHARGES |
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| Interest expense |
$ | 55,140 | $ | 59,913 | $ | 64,114 | $ | 41,832 | $ | 37,413 | ||||||||||
| Capitalized interest |
3,248 | 5,946 | 4,056 | 3,113 | 3,817 | |||||||||||||||
| Portion of rents representative of the interest factor |
23,418 | 22,845 | 23,520 | 19,396 | 17,122 | |||||||||||||||
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| Total Fixed Charges |
$ | 81,806 | $ | 88,704 | $ | 91,690 | $ | 64,341 | $ | 58,352 | ||||||||||
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| Ratio of Earnings to Fixed Charges |
5.27 | 4.55 | 4.22 | 5.59 | 5.63 | |||||||||||||||
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