Financial Statements of - Shoppers Drug Mart
Financial Statements of - Shoppers Drug Mart
Financial Statements of - Shoppers Drug Mart
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SHOPPERS DRUG MART CORPORATION<br />
Exhibit to the Condensed Consolidated <strong>Financial</strong> <strong>Statements</strong><br />
(unaudited)<br />
Earnings Coverage Exhibit to the Condensed Consolidated <strong>Financial</strong> <strong>Statements</strong><br />
52 weeks ended June 16, 2012:<br />
Earnings coverage ratio 14.20 times<br />
The earnings coverage ratio is equal to earnings (before finance expenses and income taxes) divided by<br />
finance expenses. Finance expenses include finance expense capitalized to property and equipment.<br />
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