EX-12 2 l41540exv12.htm EX-12 exv12
Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Nine Months
 
    Ended
 
    January 26, 2011  
    (Thousands of Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 206,338  
Capitalized interest
    1,804  
Interest component of rental expense
    23,792  
         
Total fixed charges
  $ 231,934  
         
Earnings:
       
Income from continuing operations before income taxes
  $ 1,053,336  
Add: Interest expense*
    206,338  
Add: Interest component of rental expense
    23,792  
Add: Amortization of capitalized interest
    262  
         
Earnings as adjusted
  $ 1,283,728  
         
Ratio of earnings to fixed charges
    5.53  
         
 
 
* Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.