EX-12 3 l22861aexv12.htm EX-12 EX-12
 

 
Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Six Months
 		 
    Ended
 		 
    November 1,
 		 
    2006  
    (Thousands of
 		 
    Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 159,481  
Capitalized interest
    —  
Interest component of rental expense
    15,419  
         
Total fixed charges
  $ 174,900  
         
Earnings:
       
Income from continuing operations before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes
  $ 555,969  
Add: Interest expense*
    159,481  
Add: Interest component of rental expense
    15,419  
Add: Amortization of capitalized interest
    814  
         
Earnings as adjusted
  $ 731,683  
         
Ratio of earnings to fixed charges
    4.18  
         
 
 
*  Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.