Schedule of computation of ratio of earnings to fixed charges of The Kroger Co. and consolidated subsidiary companies for the five fiscal years ended January 30, 2010 and for the three quarters ended November 6, 2010 and November 7, 2009.
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| November 6, |
| November 7, |
| January 30, |
| January 31, |
| February 2, |
| February 3, |
| January 28, |
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| 2010 |
| 2009 |
| 2010 |
| 2009 |
| 2008 |
| 2007 |
| 2006 |
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| (40 weeks) |
| (40 weeks) |
| (52 weeks) |
| (52 weeks) |
| (52 weeks) |
| (53 weeks) |
| (52 weeks) |
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| (in millions of dollars) |
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Earnings: |
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Earnings before tax expense |
| $ | 1,286 |
| $ | 202 |
| $ | 589 |
| $ | 1,967 |
| $ | 1,921 |
| $ | 1,759 |
| $ | 1,525 |
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Fixed charges |
| 630 |
| 677 |
| 881 |
| 872 |
| 855 |
| 870 |
| 895 |
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Capitalized interest |
| (6 | ) | (8 | ) | (10 | ) | (11 | ) | (14 | ) | (13 | ) | (7 | ) | |||||||
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Pre-tax earnings before fixed charges |
| $ | 1,910 |
| $ | 871 |
| $ | 1,460 |
| $ | 2,828 |
| $ | 2,762 |
| $ | 2,616 |
| $ | 2,413 |
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Fixed charges: |
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Interest |
| $ | 343 |
| $ | 391 |
| $ | 512 |
| $ | 496 |
| $ | 488 |
| $ | 500 |
| $ | 518 |
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Portion of rental payments deemed to be interest |
| 287 |
| 286 |
| 369 |
| 376 |
| 367 |
| 370 |
| 377 |
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Total fixed charges |
| $ | 630 |
| $ | 677 |
| $ | 881 |
| $ | 872 |
| $ | 855 |
| $ | 870 |
| $ | 895 |
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Ratio of earnings to fixed charges |
| 3.0 |
| 1.3 |
| 1.7 |
| 3.2 |
| 3.2 |
| 3.0 |
| 2.7 |
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