EX-12.1 10 y92946exv12w1.txt RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12.1 BERRY PLASTICS CORPORATION STATEMENT RE: COMPUTATION OF EARNINGS TO FIXED CHARGES (in Thousands)
Fiscal Thirty-nine weeks ended -------------------------------------------------------------- -------------------------- September September (Dollars in thousands) 1998 1999 2000 2001 2002 28, 2002 27, 2003 ----------------------------------------------------------------------------------------------------------------------------------- Earnings: Income (loss) before income taxes $ (7,819) $ (8,584) $ (22,227) $ (1,361) $ (3,990) $ (31,659) $ 21,364 Interest expense 35,555 40,819 51,457 54,355 49,254 37,495 33,794 Interest portion of rental expense 1,805 2,427 3,061 2,764 3,254 2,511 2,629 ------------------------------------------------------------------------------------------- Earnings $ 29,541 $ 34,662 $ 32,291 $ 55,758 $ 48,518 $ 8,347 $ 57,787 =========================================================================================== Fixed Charges: Interest expense $ 34,778 $ 39,372 $ 49,750 $ 53,766 $ 48,410 $ 36,763 $ 33,063 Interest portion of rental expense 1,805 2,427 3,061 2,764 3,254 2,511 2,629 ------------------------------------------------------------------------------------------- Fixed charges $ 36,583 $ 41,799 $ 52,811 $ 56,530 $ 51,664 $ 39,274 $ 35,692 =========================================================================================== Ratio (Deficiency) of earnings to cover fixed charges 0.8x 0.8x 0.6x 1.0x 0.9x 0.2x 1.6x ===========================================================================================