EXHIBIT 12. STATEMENT RE: COMPUTATION OF RATIO OF EARNINGS FROM CONTINUING OPERATIONS TO FIXED CHARGES
Eli Lilly and Company and Subsidiaries (Dollars in millions)
Years Ended December 31, ---------------------------------------------------------- 2003 2002 2001 2000 1999 ---------- ---------- ---------- ---------- ---------- Consolidated pretax income from continuing operations ................. $ 3,261.7 $ 3,457.7 $ 3,506.9 $ 3,858.7 $ 3,245.4
Interest from continuing operations and other fixed charges .............. 121.9 140.0 253.3 225.4 213.1
Less interest capitalized during the period from continuing operations ...... (60.9) (60.3) (61.5) (43.1) (29.3) ---------- ---------- ---------- ---------- ----------
