The Kroger Co. (KR) 10-Q 2003 Q3 Quarterly report

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 February 2, 2002 and for the three quarters ended November 9, 2002 and November 10, 2001.

	November 9, 2002 ( 40 weeks)			November 10, 2001 (40 weeks)			February 2, 2002 (52 weeks)			February 3, 2001 (53 weeks)			January 29, 2000 (52 weeks)			Janury 2, 1999 (53 weeks)			December 27, 1997 (52 weeks)
	(in millions of dollars)
Earnings:
Earnings before tax expense (credit), and extraordinary loss	$	1,454		$	1,140		$	1,711		$	1,508		$	1,102		$	889		$	954
Fixed charges		755			800			1,030			1,058			1,010			1,038			679
Capitalized interest		(5	)		(8	)		(9	)		(7	)		(5	)		(9	)		(10	)
	$	2,204		$	1,932		$	2,732		$	2,559		$	2,107		$	1,918		$	1,623
Fixed charges:
Interest	$	465		$	516		$	659		$	683		$	644		$	654		$	397
Portion of rental Payments deemed to be interest		290			284			371			375			366			384			282
	$	755		$	800		$	1,030		$	1,058		$	1,010		$	1,038		$	679
Ratio of earnings to fixed charges		2.9			2.4			2.7			2.4			2.1			1.8			2.4