EX-12 11 j1227701exv12.txt EXHIBIT 12 . . . EXHIBIT 12 H. J. HEINZ COMPANY AND SUBSIDIARIES COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
Nine Months Ended January 26, 2005 ------------- (Thousands of Dollars) Fixed Charges: Interest expense*......................................... $175,369 Capitalized interest...................................... -- Interest component of rental expense...................... 22,231 -------- Total fixed charges.................................... $197,600 -------- Earnings: Income from continuing operations before income taxes..... $777,349 Add: Interest expense*.................................... 175,369 Add: Interest component of rental expense................. 22,231 Add: Amortization of capitalized interest................. 1,512 -------- Earnings as adjusted................................... $976,461 -------- Ratio of earnings to fixed charges........................ 4.94 ========
--------------- * Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.