Exhibit 12.1

RATIO OF EARNINGS TO FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

The following table sets forth Chiquita Brands International, Inc.’s ratio of earnings to fixed charges and preferred stock dividends on a historical basis for each of the periods indicated below.

	Reorganized Company															Predecessor Company
	Nine Months Ended September 30,						Year Ended December 31,						Nine Months Ended December 31,			Quarter Ended March 31,			Year Ended December 31,
	2005			2004			2004			2003			2002			2002			2001			2000
							(Dollars in Millions)
Earnings:
Income (loss) from continuing operations	$	150.5		$	30.3		$	55.4		$	95.9		$	(6.6	)	$	(189.7	)	$	(120.2	)	$	(109.1	)
Fixed charges (see below)		54.3			42.0			54.9			59.1			41.7			11.6			124.6			129.7
Income taxes		7.2			2.2			5.4			5.3			4.8			1.0			5.8			6.8
Income distributions of equity investees		0.2			0.2			0.3			1.7			1.8			0.2			1.7			1.9
Less: (income) loss from unconsolidated equity investees		(4.8	)		(9.1	)		(11.2	)		(12.2	)		(10.5	)		(0.9	)		1.7			2.9
Less: capitalized interest		—			—			—			—			—			—			—			(1.3	)
Total earnings (as defined)	$	207.4		$	65.6		$	104.8		$	149.8		$	31.2		$	(177.8	)	$	13.6		$	30.9
Fixed Charges:
Interest expense	$	37.1		$	29.9		$	38.9		$	42.4		$	30.3		$	7.6		$	111.2		$	113.8
Capitalized interest		—			—			—			—			—			—			—			1.3
Estimated interest component of rental expense		17.2			12.1			16.0			16.7			11.4			4.0			13.4			14.6
Total fixed charges (as defined)	$	54.3		$	42.0		$	54.9		$	59.1		$	41.7		$	11.6		$	124.6		$	129.7
Preferred stock dividends		—			—			—			—			—			—			11.8			17.1
Total Fixed charges and preferred stock dividends	$	54.3		$	42.0		$	54.9		$	59.1		$	41.7		$	11.6		$	136.4		$	146.8
Ratio of Earnings to Fixed Charges		3.82	x		1.56	x		1.91	x		2.53	x		(a	)		(a	)		(a	)		(a	)
Ratio of Earnings to Fixed Charges and Preferred Stock Dividends		3.82	x		1.56	x		1.91	x		2.53	x		(a	)		(a	)		(a	)		(a	)

(a) For these periods, earnings were inadequate to cover fixed charges. The amount of the coverage deficiency was $10.5 million for the nine months ended December 31, 2002, $189.4 million for the quarter ended March 31, 2002, $111.0 million for the year ended December 31, 2001 and $98.8 million for the year ended December 31, 2000. For the years ended December 31, 2001 and 2000, the amount of the coverage deficiency was $122.8 million and $115.9 million, respectively, after including preferred stock dividends in the calculation.