EX-12.1 7 ex121.txt EARNINGS TO FIXED Exhibit 12.1 BERRY PLASTICS CORPORATION STATEMENT RE: COMPUTATION OF EARNINGS TO FIXED CHARGES (in Thousands)
Fiscal _______________________________________________ (Dollars in thousands) 1998 1999 2000 2001 2002 Earnings: Income (loss) before income taxes $(7,819) $(8,584) $(22,227) $(1,361) $(3,990) Interest expense 35,555 40,819 51,457 54,355 49,254 Interest portion of rental expense 1,805 2,427 3,061 2,764 3,254 ------- ------- ------- ------- ------- Earnings $ 29,541 $34,662 $ 32,291 $55,758 $48,518 ======== ======= ======= ======= ======= Fixed Charges: Interest expense $34,778 $39,372 $49,750 $53,766 $48,410 Interest portion of rental expense 1,805 2,427 3,061 2,764 3,254 ------- ------- ------- ------- ------- Fixed charges $36,583 $41,799 $52,811 $56,530 $51,664 ======= ======= ======= ====== ======= Ratio (Deficiency) of earnings to cover fixed charges 0.8x 0.8x 0.6x 1.0x 0.9x