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EXHIBIT 12
BRIGGS & STRATTON CORPORATION
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(dollars in millions)
Fiscal Year
Nine Months Ended ------------------------------------
March 30, 1997 1996 1995 1994 1993 1992
---------------- ---- ---- ---- ---- ----
Net Income $ 58 $ 92 $104 $ 70 $ 70 $ 51
Add:
Interest 7 10 9 9 11 11
Income tax expense and other taxes on income 36 57 66 67 44 29
Fixed charges of unconsolidated subsidiaries - 1 1 - 1 1
Cumulative effect of changes in accounting
principles (net of tax) - - - 33 - -
---------------- ------------------------------------
Earnings as defined $ 101 $160 $180 $179 $126 $ 92
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Interest 7 10 9 9 11 11
Fixed charges of unconsolidated subsidiaries - 1 1 - 1 1
---------------- ------------------------------------
Fixed Charges as defined $ 7 $ 11 $ 10 $ 9 $ 12 $ 12
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---------------- ------------------------------------
Ratio of earnings to fixed charges 14.4X 14.5X 18.0X 19.9X 10.5X 7.7X
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