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
  
PILGRIM’S PRIDE CORPORATION
  
   
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
  
   
   
THREE MONTHS ENDED
  
   
December 30, 2006
  
December 31, 2005
  
EARNINGS:
  
(in thousands)
               
Income before income taxes
  
$
(14,500
)
$
36,640
  
               
Add: Total fixed charges
    
18,073
    
16,826
  
               
Less: Interest Capitalized
    
1,068
    
1,302
  
               
Total Earnings
  
$
2,505
  
$
52,164
  
               
FIXED CHARGES:
              
               
Interest expense
  
$
14,982
  
$
13,696
  
               
Portion of rental expense representative of the interest factor
    
3,091
    
3,130
  
               
Total fixed charges
  
$
18,073
  
$
16,826
  
               
Ratio of earnings to fixed charges
    
(1
)
  
3.10
  

(1) Earnings were insufficient to cover fixed charges by $15,568.