CROWN Cork & Seal USA S-4/A Registration of securities issued in business combination transactions (amended)

EXHIBIT 12

Computation of Ratio of Earnings to Fixed Charges

	Year ended December 31,														Pro forma year ended December 31,			Six months ended June 30,				Pro forma six months ended June 30,
	1998		1999			2000			2001			2002			2002			2002		2003		2003
Income/(loss) before income taxes and cumulative effect of a change in accounting	$	180	$	309		$	(217	)	$	(444	)	$	(145	)		$(222	)		$66		$93		$71
Adjustments to income:
Add: distributed income from less than 50% owned companies		7		4			4			2			5			5			1		1		1
Add: portion of rent expense representative of interest expense (1)		6		10			12			11			11			11			6		6		6
Add: interest incurred net of amounts capitalized		408		367			393			455			342			419			179		180		202
Add: amortization of interest previously capitalized		1		(1	)		(1	)		1
Add: amortization of debt issue costs		2		6			3			2			2			2			1
Earnings		604		695			194			27			215			215			253		280		280
Interest incurred		414		368			394			456			342			419			179		180		202
Amortization of debt issue costs		2		6			3			2			2			2			1
Portion of rent expense representative of interest expense (1)		6		10			12			11			11			11			6		6		6
Fixed charges		422		384			409			469			355			432			186		186		208
Preferred stock dividends		29		23			3
Combined fixed charges and preferred stock dividends	$	451	$	407		$	412		$	469		$	355		$	432		$	186	$	186	$	208
Ratio of earnings to fixed charges (2)		1.4x		1.8x															1.4x		1.5x		1.3x
Ratio of earnings to combined fixed charges and preferred stock dividends (2)		1.3x		1.7x															1.4x		1.5x		1.3x
(1) One-third of rent expense is the portion deemed representative of the interest factor.
(2) Earnings did not cover fixed charges and preferred stock dividends by:						$	218		$	442		$	140			$ 217