EXHIBIT 12 BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Dollars in thousands) Three Months Ended --------------------------------------------- September 29, September 30, 2002 2001 --------------------------------------------- Net loss $ (7,027) $(17,424) Add: Interest 10,089 10,422 Income tax benefit and other taxes on income (3,620) (9,385) Fixed charges of unconsolidated subsidiaries - - -------- -------- Loss as defined $ (558) $(16,387) ======== ======== Interest $ 10,089 $ 10,422 Fixed charges of unconsolidated subsidiaries - - -------- -------- Fixed charges as defined $ 10,089 $ 10,422 ======== ======== Ratio of earnings to fixed charges* - - -------- -------- * Earnings were inadequate to cover fixed charges by $10,647 and $26,809 for the quarter ended September 29, 2002 and September 30, 2001, respectively.