DILLARDS INC
10-K405, 2000-04-28
DEPARTMENT STORES
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EXHIBIT 12

STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(DOLLARS IN THOUSANDS)

 

 

January 29,

January 30,

January 31,

February 1,

February 3,

 

2000

1999

1998

1997

1996 *

Consolidated pretax income

$283,949

$219,084

$410,035

$378,761

$269,653

Fixed charges (less capitalized

         

interest)

261,638

219,341

147,466

139,188

139,666

EARNINGS

$545,587

$438,425

$557,501

$517,949

$409,319

           

Interest

$236,566

$196,680

$129,237

$120,599

$120,054

Capitalized interest

5,177

3,050

3,644

4,420

3,567

Interest factor in rent expense

25,072

22,661

18,229

18,589

19,612

FIXED CHARGES

$266,815

$222,391

$151,110

$143,608

$143,233

           

Ratio of earnings to fixed

         

charges

2.04

1.97

3.69

3.61

2.86

           

 

*53 week year.

 

 

 



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