EX-12 2 l29431aexv12.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 30,
 
    2008  
    (Thousands of Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 287,562  
Capitalized interest
     
Interest component of rental expense
    22,883  
         
Total fixed charges
  $ 310,445  
         
Earnings:
       
Income from continuing operations before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes
  $ 931,581  
Add: Interest expense*
    287,562  
Add: Interest component of rental expense
    22,883  
Add: Amortization of capitalized interest
    1,059  
         
Earnings as adjusted
  $ 1,243,085  
         
Ratio of earnings to fixed charges
    4.00  
         
 
 
* Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.