EX-12 2 j0990201exv12.txt EXHIBIT 12 . . . EXHIBIT 12 H. J. HEINZ COMPANY AND SUBSIDIARIES COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Six Months Ended October 27, 2004 ------------- (Thousands of Dollars) Fixed Charges: Interest expense*......................................... $112,948 Capitalized interest...................................... -- Interest component of rental expense...................... 14,029 -------- Total fixed charges.................................... $126,977 -------- Earnings: Income from continuing operations before income taxes..... $576,640 Add: Interest expense*.................................... 112,948 Add: Interest component of rental expense................. 14,029 Add: Amortization of capitalized interest................. 1,012 -------- Earnings as adjusted................................... $704,629 -------- Ratio of earnings to fixed charges........................ 5.55 ========
--------------- * Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.