Hasbro (HAS) 10-Q 2001 Q3 Quarterly report

EXHIBIT 12
HASBRO, INC. AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
Nine Months and Quarter Ended September 30, 2001
(Thousands of Dollars)
	Nine
	Months	Quarter
	-------	-------
Earnings available for fixed charges:
Net earnings	$    7,247	50,602
Add:
Cumulative effect of accounting change	1,066	-
Fixed charges	94,233	31,774
Income taxes	3,912	23,812
	------------	----------
Total	$106,458	106,188
	=======	======
Fixed Charges:
Interest on long-term debt	$  65,089	21,753
Other interest charges	12,238	4,363
Amortization of debt expense	1,532	511
Rental expense representative
of interest factor	15,374	5,147
	------------	----------
Total	$  94,233	31,774
	=======	======
Ratio of earnings to fixed charges	1.13	3.34
	=======	======