Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - KROGER CO | a16-18045_110q.htm |
| EX-32.1 - EX-32.1 - KROGER CO | a16-18045_1ex32d1.htm |
| EX-31.2 - EX-31.2 - KROGER CO | a16-18045_1ex31d2.htm |
| EX-31.1 - EX-31.1 - KROGER CO | a16-18045_1ex31d1.htm |
| EX-10.1 - EX-10.1 - KROGER CO | a16-18045_1ex10d1.htm |
EXHIBIT 99.1
Schedule of computation of ratio of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies for the five fiscal years ended January 30, 2016 and for the quarters ended August 13, 2016 and August 15, 2015.
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August 13, |
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August 15, |
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January 30, |
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January 31, |
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February 1, |
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February 2, |
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January 28, |
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2016 |
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2015 |
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2016 |
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2015 |
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2014 |
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2013 |
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2012 |
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(28 weeks) |
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(28 weeks) |
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(52 weeks) |
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(52 weeks) |
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(52 weeks) |
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(53 weeks) |
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(52 weeks) |
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(in millions of dollars) |
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Earnings: |
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Earnings before tax expense |
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$ |
1,594 |
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$ |
1,614 |
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$ |
3,094 |
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$ |
2,649 |
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$ |
2,282 |
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$ |
2,302 |
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$ |
843 |
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Fixed charges |
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545 |
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477 |
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903 |
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896 |
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797 |
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823 |
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794 |
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Capitalized interest |
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(8 |
) |
(4 |
) |
(9 |
) |
(5 |
) |
(5 |
) |
(3 |
) |
(6 |
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Pre-tax earnings before fixed charges |
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$ |
2,131 |
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$ |
2,087 |
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$ |
3,988 |
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$ |
3,540 |
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$ |
3,074 |
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$ |
3,122 |
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$ |
1,631 |
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Fixed charges: |
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Interest |
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$ |
279 |
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$ |
266 |
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$ |
491 |
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$ |
493 |
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$ |
448 |
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$ |
465 |
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$ |
441 |
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Portion of rental payments deemed to be interest |
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266 |
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211 |
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412 |
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403 |
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349 |
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358 |
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353 |
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Total fixed charges |
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$ |
545 |
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$ |
477 |
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$ |
903 |
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$ |
896 |
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$ |
797 |
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$ |
823 |
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$ |
794 |
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Ratio of earnings to fixed charges |
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3.9 |
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4.4 |
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4.4 |
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4.0 |
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3.9 |
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3.8 |
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2.1 |
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