EX-12 11 l27045aexv12.htm EX-12 EX-12
 

Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Three Months
 
    Ended
 
    August 1,
 
    2007  
    (Thousands of Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 93,058  
Capitalized interest
     
Interest component of rental expense
    7,342  
         
Total fixed charges
  $ 100,400  
         
Earnings:
       
Income before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes
  $ 280,773  
Add: Interest expense*
    93,058  
Add: Interest component of rental expense
    7,342  
Add: Amortization of capitalized interest
    353  
         
Earnings as adjusted
  $ 381,526  
         
Ratio of earnings to fixed charges
    3.80  
         
 
 
Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.