EX-12 2 l42323exv12.htm EX-12 exv12
Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Three Months
 
    Ended
 
    July 27, 2011  
    (Thousands of Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 71,958  
Capitalized interest
    87  
Interest component of rental expense
    11,091  
         
Total fixed charges
  $ 83,136  
         
Earnings:
       
Income before income taxes
  $ 306,105  
Add: Interest expense*
    71,958  
Add: Interest component of rental expense
    11,091  
Add: Amortization of capitalized interest
    186  
         
Earnings as adjusted
  $ 389,340  
         
Ratio of earnings to fixed charges
    4.68  
         
 
 
* Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.