Brunswick Corporation 
             
 
 
Exhibit 12.1 
 
Computation of Ratio of Earnings to Fixed Charges(A) 
                     
(In millions) 
                     
                       
   
Year Ended December 31,
 
   
2006
 
2005
 
2004
 
2003
 
2002
 
Earnings as Adjusted 
                     
Earnings from continuing operations
 
$
263.2
 
$
371.1
 
$
263.8
 
$
137.0
 
$
104.1
 
Add:           Income tax provision
   
46.5
   
114.8
   
109.5
   
66.9
   
58.3
 
Interest and other financial charges included in expense
   
60.5
   
53.2
   
45.3
   
41.0
   
43.3
 
Interest portion of rent expense
   
22.7
   
15.1
   
15.6
   
14.4
   
14.2
 
Dividends received from 50%-or-less-owned affiliates
   
6.8
   
12.3
   
13.1
   
6.8
   
0.5
 
Subtract:    Earnings from 50%-or-less-owned affiliates
   
(14.8
)
 
(18.1
)
 
(18.1
)
 
(9.9
)
 
(2.6
)
                                 
   
$
384.9
 
$
548.4
 
$
429.2
 
$
256.2
 
$
217.8
 
                                 
Fixed Charges 
                               
Interest and other financial charges
 
$
60.5
 
$
53.2
 
$
45.3
 
$
41.0
 
$
43.3
 
Interest portion of rent expense
   
22.7
   
15.1
   
15.6
   
14.4
   
14.2
 
Capitalized interest
   
2.8
   
1.4
   
1.2
   
1.5
   
-
 
                                 
   
$
86.0
 
$
69.7
 
$
62.1
 
$
56.9
 
$
57.5
 
                                 
                                 
Ratio of earnings to fixed charges 
   
4.5
x  
7.9
x  
6.9
x  
4.5
x  
3.8
x
                                 
                                 
                                 
(A)  For computation of the ratio of earnings to fixed charges, earnings have been calculated by adding fixed charges to earnings from continuing operations before income taxes and dividends received from equity affiliates, then deducting the undistributed earnings of affiliates. Fixed charges consist of interest expense, estimated interest portion of rental expense and capitalized interest.