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
  
   
March 31, 2007
  
April 1, 2006
  
   
(in thousands)
  
EARNINGS (Loss):
              
               
Loss before income taxes
  
$
(74,616
)
$
(10,461
)
               
Add: Total fixed charges
    
62,578
    
34,093
  
               
Less: Interest Capitalized
    
2,500
    
2,159
  
               
Total Earnings (Loss)
  
$
(14,538
)
$
21,473
  
               
FIXED CHARGES:
              
               
Interest expense
  
$
55,709
  
$
27,825
  
               
Portion of rental expense representative of the interest factor
    
6,869
    
6,268
  
               
Total fixed charges
  
$
62,578
  
$
34,093
  
               
Ratio of earnings to fixed charges
    
(1
)
  
(1
)

(1)
Earnings were insufficient to cover fixed charges by $77,116 for the six months ended March 31, 2007 and $12,620 for the six months ended April 1, 2006.