EX-12 4 j0533801exv12.txt EXHIBIT 12 . . . EXHIBIT 12 H. J. HEINZ COMPANY AND SUBSIDIARIES COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Nine Months Ended January 28, 2004 (Thousands of Dollars) ----------- Fixed Charges: Interest expense*......................................... $ 164,796 Capitalized interest...................................... -- Interest component of rental expense...................... 24,891 ---------- Total fixed charges.................................... $ 189,687 ---------- Earnings: Income from continuing operations before income taxes and cumulative effect of change in accounting principle.... $ 874,106 Add: Interest expense*.................................... 164,796 Add: Interest component of rental expense................. 24,891 Add: Amortization of capitalized interest................. 1,409 ---------- Earnings as adjusted................................... $1,065,202 ---------- Ratio of earnings to fixed charges........................ 5.62 ==========
--------------- * Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.