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- 10-Q Quarterly report
- 12 Computation of Ratio of Earnings to Fixed Charges and Preferred Dividends
- 31 Certificate of the President and Chief Executive Officer of Colgate-palmolive
- 31 Certificate of the Chief Financial Officer of Colgate-palmolive
- 32 Certificate of the President and CEO and the CFO of Colgate-palmolive
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EXHIBIT 12
COLGATE-PALMOLIVE COMPANY
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
PREFERRED DIVIDENDS
(Dollars in Millions)
(Unaudited)
Six Months Ended June 30, 2007 | ||||
Earnings: | ||||
Income before income taxes | $ | 1,225.6 | ||
Add: | ||||
Interest on indebtedness and amortization of debt expense and discount or premium | 88.1 | |||
Portion of rents representative of interest factor | 23.8 | |||
Less: | ||||
Gain on equity investments | (1.7 | ) | ||
Income as adjusted | $ | 1,335.8 | ||
Fixed Charges: | ||||
Interest on indebtedness and amortization of debt expense and discount or premium | 88.1 | |||
Portion of rents representative of interest factor | 23.8 | |||
Capitalized interest | 4.0 | |||
Total fixed charges | $ | 115.9 | ||
Preferred Dividends: | ||||
Dividends on Preference Stock | $ | 17.3 | ||
Ratio of earnings to fixed charges | 11.5 | |||
Ratio of earnings to fixed charges and preferred dividends | 10.0 | |||