EX-12.1 15 y62674exv12w1.txt RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.1 BERRY PLASTICS CORPORATION STATEMENT RE: COMPUTATION OF EARNINGS TO FIXED CHARGES (in Thousands)
Fiscal Thirteen Weeks Ended --------------------------------------------------- -------------------- March 31, March 30, (Dollars in thousands) 1997 1998 1999 2000 2001 2001 2002 --------- --------- --------- --------- --------- --------- ---------- Earnings: Income (loss) before income taxes $(14,273) $ (7,819) $ (8,584) $(22,227) $ (1,361) $ 1,104 $ 4,657 Interest expense 32,237 35,555 40,819 51,457 54,355 13,494 12,806 Interest portion of rental expense 1,111 1,805 2,427 3,061 2,764 810 804 --------- --------- --------- --------- --------- --------- --------- Earnings $ 19,075 $ 29,541 $ 34,662 $ 32,291 $ 55,758 $15,408 $ 18,267 ========= ========= ========= ========= ========= ========= ========= Fixed Charges: Interest expense $ 31,896 $ 34,778 $ 39,372 $ 49,750 $ 53,766 $13,365 $ 12,658 Interest portion of rental expenses 1,111 1,805 2,427 3,061 2,764 810 804 --------- --------- --------- --------- --------- --------- --------- Fixed charges $ 33,007 $ 36,583 $ 41,799 $ 52,811 $ 56,530 $ 14,175 $ 13,462 ========= ========= ========= ========= ========= ========= ========= Ratio (Deficiency) of earnings to cover fixed charges 0.6x 0.8x 0.8x 0.6x 1.0x 1.1x 1.4x ========= ========= ========= ========= ========= ========= =========