EX-12 5 a2061006zex-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 SIX MONTHS ENDED ------------------ ------------------ Sept. 1, Aug. 26, Sept. 1, Aug. 26, 2001 2000 2001 2000 ------------------------------------------------------------------------------- Earnings before income taxes $ 4,506 $13,458 $ 7,871 $21,119 Plus: Fixed charges (1) 6,696 6,554 13,332 12,915 Less: capitalized interest (100) (111) (254) (342) ------------------------------------------------------------------------------- Earnings available to cover fixed charges $11,102 $19,901 $20,949 $33,692 =============================================================================== Ratio of earnings to fixed charges 1.66 3.04 1.57 2.61 ===============================================================================
(1) Fixed charges consisted of the following:
THREE MONTHS ENDED SIX MONTHS ENDED ------------------ ------------------- Sept. 1, Aug. 26, Sept. 1, Aug. 26, 2001 2000 2001 2000 ------------------------------------------------------------------------------- Interest expense, gross $4,131 $4,468 $ 8,290 $ 8,675 Rentals (Interest factor) 2,565 2,086 5,042 4,240 ------------------------------------------------------------------------------- Total fixed charges $6,696 $6,554 $13,332 $12,915 ===============================================================================