1 EXHIBIT 12 BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands) Fiscal Year Ended -------------------------------------------------------------------------- July 2, 2000 June 27, 1999 June 28, 1998 ------------------------- -------------------- ------------------- Net income $ 136,473 $ 106,101 $ 70,645 Add: Interest 21,267 17,024 19,352 Income tax expense and other taxes on income 80,150 63,670 42,500 Fixed charges of unconsolidated subsidiaries 119 279 510 ------------------------- -------------------- ------------------- Earnings as defined $ 238,009 $ 187,074 $ 133,007 ========================= ==================== =================== Interest $ 21,267 $ 17,024 $ 19,352 Fixed charges of unconsolidated subsidiaries 119 279 510 ------------------------- -------------------- ------------------- Fixed charges as defined $ 21,386 $ 17,303 $ 19,862 ========================= ==================== =================== Ratio of earnings to fixed charges 11.1 x 10.8 x 6.7 x ========================= ==================== ===================