Exhibit 12 DARDEN RESTAURANTS, INC. COMPUTATION OF RATIO OF CONSOLIDATED EARNINGS (LOSS) TO FIXED CHARGES (Dollar Amounts in Thousands) Thirteen Weeks Ended Twenty-Six Weeks Ended -------------------------------------------- November November November November 24, 1996 26, 1995 24, 1996 26, 1995 -------------------------------------------- Computation of Shares: Consolidated Earnings (Loss) from Operations before Restructuring Charges and Income Taxes......... $(15,819) $26,000 $13,074 $78,004 Plus Fixed Charges................. 10,026 10,243 19,614 20,709 Less Capitalized Interest.......... (249) (490) (704) (1,073) -------- ------- ------- ------- Consolidated Earnings (Loss) from Operations before Restructuring Charges and Income Taxes Available to Cover Fixed Charges........... $ (6,042) $35,753 $31,984 $97,640 ======== ======= ======= ======= Ratio of Consolidated Earnings (Loss) to Fixed Charges.......... (.60) 3.49 1.63 4.71 ======== ======= ======= =======