Form: 10-Q

Quarterly report pursuant to Section 13 or 15(d)

June 5, 2001

Documents

Exhibit 12
Statement re computation of ratios
Quarter Ended

Fiscal Years Ended

April 30, 2001      April 30, 2000  

 2001 2000 1999 1998 1997
Income before income taxes 2,220  2,134  10,116   9,083  7,323   5,719   4,877
Capitalized interest (23) (14) (93) (57) (41) (33) (44)
Minority interest (30) (23) (129) (170) (153) (78) (27)
Adjusted profit before tax 2,167  2,097  9,894   8,856*  7,129   5,608   4,806  
Fixed Charges
Debt interest 284   263  1,095  756   529  555   629  
Capital lease interest 68   67  279  266   268  229   216  
Capitalized interest 23   14  93  57   41  33   44  
Interest component of rent 185   125  714  458   523  477   449  
Total fixed expense 560   469  2,181  1,537   1,361  1,294   1,338  
Profit before taxes and fixed expenses 2,727   2,566  12,075  10,393   8,490  6,902   6,144  
Fixed charge coverage 4.87   5.47  5.54  6.76   6.24  5.33   4.59  
* Does not include the cumulative effect of accounting change recorded by the Company in Fiscal 2000