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EXHIBIT 12
THE LIMITED, INC. AND SUBSIDIARIES
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands except ratio amounts)
Thirteen Weeks Ended
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April 29, April 30,
1995 1994
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Adjusted Earnings
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Income before income taxes $66,211 $79,276
Portion of minimum rent ($165,512 in 1995
and $150,922 in 1994) representative
of interest 55,171 50,306
Interest on indebtedness 16,488 14,670
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Total Earnings as Adjusted $137,870 $144,252
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Fixed Charges
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Portion of minimum rent representative
of interest $55,171 $50,306
Interest on indebtedness 16,488 14,670
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Total Fixed Charges $71,659 $64,976
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Ratio of Earnings to Fixed Charges 1.92x 2.22x
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