CROWN Metal Packaging Canada S-4 Registration of securities issued in business combination transactions

Exhibit 12

	Year Ended December 31,														September 30,
	1999			2000			2001			2002			2003		2003		2004
Computation of Earnings:
Income/(loss) before income taxes and cumulative effect of a change in accounting	$	309		($	217	)	($	444	)		(145	)	$	119	$	154	$	152
Adjustments to income:
Add:          Distributed income from less than 50% owned companies		4			4			2			5			9		4		8
Add:          Fixed charges as presented below		384			409			469			355			398		293		281
Subtract:    Interest capitalized		(1	)		(1	)		(1	)					-1		0		0
Add:          Amortization of interest previously capitalized		(1	)		(1	)		1						1
Earnings	$	695		$	194		$	27		$	215		$	526	$	451	$	441
Computation of Fixed Charges:
Interest incurred	$	367		$	393		$	455		$	342		$	356	$	263	$	253
Amortization of debt-related costs		6			3			2			2			23		17		17
Portion of rental expense representative of interest(1)		10			12			11			11			18		13		11
Interest capitalized		1			1			1						1
Total fixed charges		384			409			469			355			398		293		281
Preferred stock dividend requirements		23			3
Combined fixed charges and preferred stock dividends	$	407		$	412		$	469		$	355		$	398	$	293	$	281
Ratio of earnings to fixed charges(2)		1.8			—			—			—			1.3		1.5		1.6
Ratio of earnings to combined fixed charges and preferred stock dividends(2)		1.7			—			—			—			1.3		1.5		1.6
(1)     One-third of net 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)