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As Of Filer Filing For·On·As Docs:Size Issuer Agent 3/27/03 CBS Corp 10-K 12/31/02 16:2.2M Merrill Corp/New/FA |
Document/Exhibit Description Pages Size 1: 10-K Annual Report HTML 1.39M 2: EX-4.(A) Instrument Defining the Rights of Security Holders HTML 14K 3: EX-4.(B) Instrument Defining the Rights of Security Holders HTML 14K 6: EX-10.(AA)(I) Material Contract HTML 62K 7: EX-10.(AA)(II) Material Contract HTML 58K 8: EX-10.(AA)(III) Material Contract HTML 58K 9: EX-10.(BB) Material Contract HTML 8K 10: EX-10.(DD) Material Contract HTML 42K 11: EX-10.(EE) Material Contract HTML 62K 12: EX-10.(FF) Material Contract HTML 299K 4: EX-10.(J) Material Contract HTML 29K 5: EX-10.(K) Material Contract HTML 39K 13: EX-12 Statement re: Computation of Ratios HTML 24K 14: EX-21 Subsidiaries of the Registrant HTML 205K 15: EX-23 Exhibit 23(A) HTML 8K 16: EX-24 Power of Attorney HTML 36K
Exhibit 12
VIACOM INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDEND REQUIREMENTS
(In millions except ratios)
|
Twelve Months Ended December 31, |
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2002 |
2001 |
2000 |
1999 |
1998 |
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Earnings before income taxes | $ | 3,734.2 | $ | 776.3 | $ | 560.6 | $ | 780.0 | $ 10.7 | ||||||
Add: | |||||||||||||||
Share in income (loss) of fifty-percent-owned affiliates and distributed income of affiliated companies | 13.9 | 9.6 | 32.5 | (49.0 | ) | (51.5 | ) | ||||||||
Interest expense, net of capitalized interest | 860.4 | 976.3 | 842.5 | 461.0 | 631.2 | ||||||||||
Capitalized interest amortized | — | — | 2.2 | 5.7 | 11.5 | ||||||||||
1/3 of rental expense | 335.5 | 348.8 | 298.2 | 213.8 | 186.8 | ||||||||||
Total Earnings | $ | 4,944.0 | $ | 2,111.0 | $ | 1,736.0 | $ | 1,411.5 | $788.7 | ||||||
Fixed charges: | |||||||||||||||
Interest expense, net of capitalized interest | $ | 860.4 | $ | 976.3 | $ | 842.5 | $ | 461.0 | $631.2 | ||||||
1/3 of rental expense | 335.5 | 348.8 | 298.2 | 213.8 | 186.8 | ||||||||||
Total fixed charges | $ | 1,195.9 | $ | 1,325.1 | $ | 1,140.7 | $ | 674.8 | $818.0 | ||||||
Preferred Stock dividend requirements | — | — | — | 0.8 | 118.2 | ||||||||||
Total fixed charges and Preferred Stock dividend requirements | $ | 1,195.9 | $ | 1,325.1 | $ | 1,140.7 | $ | 675.6 | $936.2 | ||||||
Ratio of earnings to fixed charges | 4.1 | x | 1.6 | x | 1.5 | x | 2.1 | x | Note a | ||||||
Ratio of earnings to combined fixed charges and Preferred Stock dividend requirements | 4.1 | x | 1.6 | x | 1.5 | x | 2.1 | x | Note b | ||||||
Note:
This ‘10-K’ Filing | Date | Other Filings | ||
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Filed on: | 3/27/03 | |||
For Period End: | 12/31/02 | 11-K | ||
List all Filings |