EX-12 2 exhibit12secondquarterfisc.htm EX-12 HNZ Ex 12 10/26/11


Exhibit 12

H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 
Six Months Ended
 
October 26, 2011
 
(Thousands of Dollars)
Fixed Charges:
 
   Interest expense*
$
148,095

   Capitalized interest
178

   Interest component of rental expense
23,052

      Total fixed charges
$
171,325

 
 
Earnings:
 
   Income before income taxes
$
599,098

   Add: Interest expense*
148,095

   Add: Interest component of rental expense
23,052

   Add: Amortization of capitalized interest
404

      Earnings as adjusted
$
770,649

 

Ratio of earnings to fixed charges
4.50


*
Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.