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Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
8th grade Good
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- 10-K Annual report
- 10 Exhibit 10B Form 10K 2006 Flexcomp Plan Documents
- 10 Exhibit 10X Form 10K
- 12 Form 10K 2006 Exhibit 12
- 13 Exhibit 13 Form 10K 2006
- 21 Exhibit 21 Form 10K 2006
- 23 Ex. 23 KPMG Consent Form 10K 2006
- 24 Exhibit 24 Poa 10K 2006
- 31 Ex. 31A - Otis 302 Cert. 10K 2006
- 31 EX.31B Dimopoulos 302 Cert. 10K 2006
- 32 Ex. 32A Otis 906 Cert. Form 10K 2006
- 32 EX.32B Dimopoulos 906 Cert. Form 10K 2006
EXHIBIT 12
DARDEN RESTAURANTS, INC.
COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS TO FIXED CHARGES
(Dollar Amounts in Thousands)
Fiscal Year Ended
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| May 28, 2006 |
| May 29, 2005 |
| May 30, 2004 |
| May 25, 2003 |
| May 26, 2002 |
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Consolidated Earnings from Operations |
| $ | 482,518 |
| $ | 423,917 |
| $ | 332,776 |
| $ | 337,603 |
| $ | 355,435 |
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Plus Fixed Charges: |
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Gross Interest Expense |
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| 48,922 |
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| 47,657 |
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| 47,710 |
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| 47,566 |
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| 41,493 |
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40% of Restaurant and Equipment |
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Minimum Rent Expense |
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| 26,862 |
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| 24,849 |
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| 22,608 |
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| 21,536 |
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| 20,600 |
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Total Fixed Charges |
| $ | 75,784 |
| $ | 72,506 |
| $ | 70,318 |
| $ | 69,102 |
| $ | 62,093 |
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Less Capitalized Interest |
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| (2,696 | ) |
| (3,182 | ) |
| (3,500 | ) |
| (3,470 | ) |
| (3,653 | ) |
Consolidated Earnings from Operations |
| $ | 555,606 |
| $ | 493,241 |
| $ | 399,594 |
| $ | 403,325 |
| $ | 413,875 |
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Ratio of Consolidated Earnings to Fixed |
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| 7.33 |
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| 6.80 |
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| 5.68 |
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| 5.84 |
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| 6.67 |
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