EX-12 5 dex12.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Statement regarding computation of ratio of earnings to fixed charges

Exhibit 12

ConAgra Foods Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

($ in millions)

 

     Thirteen
weeks ended
August 24, 2008		  

Earnings:

   

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

    $ 172.4  

Add/(deduct):

   

Fixed charges

      77.9  

Distributed income of equity method investees

      4.6  

Capitalized interest

      (1.0 )
        

Earnings available for fixed charges (a)

    $ 253.9  
        

Fixed charges:

   

Interest expense

    $ 65.3  

Capitalized interest

      1.0  

One third of rental expense (1)

      11.6  
        

Total fixed charges (b)

    $ 77.9  
        

Ratio of earnings to fixed charges (a/b)

      3.3  

 

(1)

Considered to be representative of interest factor in rental expense.

 

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