EX-12. 3 a2054111zex-12_.txt EXHIBIT 12 EXHIBIT 12 INTERNATIONAL MULTIFOODS CORPORATION AND SUBSIDIARIES Computation of Ratio of Earnings to Fixed Charges (unaudited) (in thousands)
THREE MONTHS ENDED ------------------ June 2, May 27, 2001 2000 -------------------------------------------------------------- Earnings before income taxes $3,365 $ 7,661 Plus: Fixed charges(1) 6,636 6,361 Less: Capitalized Interest (154) (231) -------------------------------------------------------------- Earnings available to cover fixed charges $9,847 $13,791 ============================================================== Ratio of earnings to fixed charges 1.48 2.17 ==============================================================
(1) Fixed charges consisted of the following:
THREE MONTHS ENDED ------------------ June 2, May 27, 2001 2000 -------------------------------------------------------------- Interest expense, gross $4,159 $4,207 Rentals (Interest Factor) 2,477 2,154 -------------------------------------------------------------- Total fixed charges $6,636 $6,361 ==============================================================