EX-12 2 a05-22566_1ex12.htm STATEMENTS REGARDING COMPUTATION OF RATIOS

EXHIBIT 12

 

ConAgra Foods, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

(in millions)

 

 

 

Twenty-six
weeks ended
November 27, 2005

 

Earnings:

 

 

 

Income from continuing operations before income taxes and equity method investment earnings

 

$

840.6

 

Add/(deduct):

 

 

 

Fixed charges

 

189.4

 

Distributed income of equity method investees

 

5.7

 

Capitalized interest

 

(2.4

)

Earnings available for fixed charges (a)

 

$

1,033.3

 

 

 

 

 

Fixed charges:

 

 

 

Interest expense

 

$

145.8

 

Capitalized interest

 

2.4

 

Interest in cost of goods sold

 

10.9

 

One third of rental expense (1)

 

30.3

 

Total fixed charges (b)

 

$

189.4

 

 

 

 

 

Ratio of earnings to fixed charges (a/b)

 

5.5

 

 

(1)  Considered to be representative of interest factor in rental expense.

 

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