EX-12 2 l23988aexv12.htm EX-12 EX-12
 

Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Nine Months
 		 
    Ended
 		 
    January 31,
 		 
    2007  
    (Thousands of
 		 
    Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 247,286  
Capitalized interest
    —  
Interest component of rental expense
    22,012  
         
Total fixed charges
  $ 269,298  
         
Earnings:        
Income from continuing operations before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes
  $ 854,822  
Add: Interest expense*
    247,286  
Add: Interest component of rental expense
    22,012  
Add: Amortization of capitalized interest
    1,187  
         
Earnings as adjusted
  $ 1,125,307  
         
Ratio of earnings to fixed charges
    4.18  
         
 
 
*  Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.