EX-12.1 4 a05460exv12w1.txt EXHIBIT 12.1 . . . Exhibit 12-1 CKE Restaurants, Inc. Ratio of Earnings to Fixed Charges
Fiscal year 2005 2004 2003 2002 2001 Earnings before fixed charges Income (loss) before taxes, discontinued operations and cumulative effect of accounting change for goodwill 17,070 (48,013) 12,121 (85,308) (214,938) Fixed charges 68,692 70,404 69,481 81,510 103,843 ------------------------------------------------------------------- 85,762 22,391 81,602 (3,798) (111,095) =================================================================== Fixed charges: Interest expense 36,748 39,962 39,924 53,906 70,509 Interest component of rent expense 31,944 30,442 29,557 27,604 33,334 ------------------------------------------------------------------- 68,692 70,404 69,481 81,510 103,843 =================================================================== Ratio of earnings to fixed charges 1.2 -- 1.2 -- -- =================================================================== Deficiency (if any) (48,013) (85,308) (214,938) Rent expense 95,833 91,325 88,672 82,812 100,003 Interest component (1/3 of rent expense) 31,944 30,442 29,557 27,604 33,334