EX-12 2 l28219aexv12.htm EX-12 EX-12
 

Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Six Months
 
    Ended
 
    October 31,
 
    2007  
    (Thousands of
 
    Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 192,332  
Capitalized interest
     
Interest component of rental expense
    14,818  
         
Total fixed charges
  $ 207,150  
         
Earnings:
       
Income before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes
  $ 609,027  
Add: Interest expense*
    192,332  
Add: Interest component of rental expense
    14,818  
Add: Amortization of capitalized interest
    706  
         
Earnings as adjusted
  $ 816,883  
         
Ratio of earnings to fixed charges
    3.94  
         
 
 
Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.