EX-12.1 2 ex12_1.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
EXHIBIT 12.1

 
PILGRIM’S PRIDE CORPORATION
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
  
SIX MONTHS ENDED 
   
April 1, 2006 
    
April 2, 2005
  
EARNINGS (Loss):
              
               
Income (loss) before income taxes
  
$
(10,461
)
$
170,502
  
               
Add: Total fixed charges
    
34,093
    
31,460
  
               
Less: Interest Capitalized
    
2,159
    
1,548
  
               
Total Earnings
  
$
21,473
  
$
200,414
  
               
FIXED CHARGES:
              
               
Interest expense
  
$
27,825
  
$
25,368
  
               
Portion of rental expense representative of the interest factor
    
6,268
    
6,092
  
               
Total fixed charges
  
$
34,093
  
$
31,460
  
               
Ratio of earnings to fixed charges
    
(1
)
  
6.37
  

(1)
Earnings were insufficient to cover fixed charges by $12,620.