EX-12 2 hnzex1212512.htm EX-12 HNZ Ex 12 1/25/12


Exhibit 12

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

 
Nine Months Ended
 
January 25, 2012
 
(Thousands of Dollars)
Fixed Charges:
 
   Interest expense*
$
221,673

   Capitalized interest
291

   Interest component of rental expense
34,167

      Total fixed charges
$
256,131

 
 
Earnings:
 
   Income before income taxes
$
952,839

   Add: Interest expense*
221,673

   Add: Interest component of rental expense
34,167

   Add: Amortization of capitalized interest
593

      Earnings as adjusted
$
1,209,272

 

Ratio of earnings to fixed charges
4.72


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