EX-12 2 exhibit_121.htm TYSON FOODS, INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.1


Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

Three Months Ended

Apr. 2,

Jan. 1,

Fiscal Years Ending

2005

2005

2004

2003

2002

2001

2000

 

Net income for the period

75,762 

48,481 

402,907 

337,408 

382,727 

87,859 

151,221 

Add:  Provision for income
   taxes

43,696 

27,996 

232,392 

185,493 

210,237 

58,362 

83,520 

Add:  Minority interest

23 

(68)

248 

(97)

18,750 

(182)

Fixed charges

69,598 

69,217 

314,681 

337,164 

351,622 

175,457 

142,613 

Less:  Capitalized interest

(1,042)

(1,010)

(3,491)

(3,325)

(9,264)

(3,249)

(1,746)

Income before taxes on income
   and fixed charges

188,037 

144,686 

946,421 

856,988 

935,225 

337,179 

375,426 

 

Fixed Charges:

 

Interest

58,077 

58,172

268,438 

294,175 

296,983 

143,718 

115,261 

Capitalized interest

1,042 

1,010

3,491 

3,325 

9,264 

3,249 

1,746 

Rentals at computed interest
   factor (1)

9,548 

9,107

37,010 

34,730 

37,504 

25,343 

22,052 

Amortization of debt discount
   expense

931 

928

5,742 

4,934 

7,871 

3,147 

3,554 

Total fixed charges

69,598 

69,217

314,681 

337,164 

351,622 

175,457 

142,613 

 

Ratio of earnings to fixed
   charges

2.70 

2.09

3.01 

2.54 

2.66 

1.92 

2.63 

(1) Amounts represent those portions of rent expense (one-third) that are reasonable approximations of interest costs.

 

 

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