EX-12 21 l32433aexv12.htm EX-12 EX-12
Exhibit 12
 
H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES
 
         
    Three Months
 
    Ended
 
    July 30,
 
    2008  
    (Thousands of Dollars)  
 
Fixed Charges:
       
Interest expense*
  $ 76,485  
Capitalized interest
     
Interest component of rental expense
    8,218  
         
Total fixed charges
  $ 84,703  
         
Earnings:
       
Income before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes
  $ 326,464  
Add: Interest expense*
    76,485  
Add: Interest component of rental expense
    8,218  
Add: Amortization of capitalized interest
    248  
         
Earnings as adjusted
  $ 411,415  
         
Ratio of earnings to fixed charges
    4.86  
         
 
 
Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.