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The following is an excerpt from a 10-Q SEC Filing, filed by LILLY ELI & CO on 11/5/2004. |
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LILLY ELI & CO - 10-Q - 20041105 - EXHIBIT_12
EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING
OPERATIONS TO FIXED CHARGES
(Unaudited)
ELI LILLY AND COMPANY
AND SUBSIDIARIES
(Dollars in millions)
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Nine Months
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Ended
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Years Ended December 31,
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September 30,
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2004
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2003
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2002
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2001
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2000
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1999
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Consolidated pretax
income from continuing
operations
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$
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2,421.9
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$
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3,261.7
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$
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3,457.7
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$
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3,506.9
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$
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3,858.7
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$
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3,245.4
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Interest from continuing
operations and other
fixed charges
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115.3
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121.9
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140.0
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253.3
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225.4
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213.1
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Less interest capitalized
during the period from
continuing operations
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(80.0
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(60.9
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(60.3
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(61.5
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(43.1
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(29.3
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Earnings
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$
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2,457.2
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$
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3,322.7
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$
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3,537.4
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$
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3,698.7
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$
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4,041.0
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$
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3,429.2
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Fixed charges
1
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$
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115.3
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$
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121.9
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$
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140.0
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$
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253.3
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$
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225.4
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$
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213.2
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Ratio of earnings to
fixed charges
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21.3
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27.3
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25.3
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14.6
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17.9
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16.1
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1
Fixed charges include interest from continuing operations for all years
presented and preferred stock dividends for 1999.
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