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

   
PILGRIM’S PRIDE CORPORATION
 
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
 
 
 
NINE MONTHS ENDED 
 
   
July 1, 2006 
   
July 2, 2005
 
EARNINGS (Loss):
             
               
Income (loss) before income taxes
 
$
(48,435
)
$
294,178
 
               
Add: Total fixed charges
   
50,837
   
48,864
 
               
Less: Interest Capitalized
   
3,162
   
2,218
 
               
Total Earnings
 
$
(760
)
$
340,824
 
               
FIXED CHARGES:
             
               
Interest expense
 
$
41,564
 
$
39,654
 
               
Portion of rental expense representative of the interest factor
   
9,273
   
9,210
 
               
Total fixed charges
 
$
50,837
 
$
48,864
 
               
Ratio of earnings to fixed charges
   
(1
)
 
6.97
 

(1)
Earnings were insufficient to cover fixed charges by $51,597.