EX-12 18 dex12.htm STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CAHARGES Statement regarding computation of ratio of earnings to fixed caharges

Exhibit 12

ConAgra Foods, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

($ in millions)

 

     Twenty-six
weeks ended
November 23, 2008		  

Earnings:

   

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

    $ 426.3  

Add/(deduct):

   

Fixed charges

      152.2  

Distributed income of equity method investees

      7.2  

Capitalized interest

      (2.4 )
        

Earnings available for fixed charges (a)

    $ 583.3  
        

Fixed charges:

   

Interest expense

    $ 127.2  

Capitalized interest

      2.4  

One third of rental expense (1)

      22.6  
        

Total fixed charges (b)

    $ 152.2  
        

Ratio of earnings to fixed charges (a/b)

      3.8  

 

(1)

Considered to be representative of interest factor in rental expense.

 

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