Attached files
EXHIBIT 12
PILGRIMS PRIDE CORPORATION
COMPUTATION OF RATIO OF EARNINGS (LOSS) TO FIXED CHARGES
Three Months Ended | ||||||||
December 26, 2009 |
December 27, 2008 |
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(In thousands, except ratios) | ||||||||
Earnings (loss): |
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Loss from continuing operations before income taxes |
$ | (68,446 | ) | $ | (229,089 | ) | ||
Add: Total fixed charges |
48,899 | 44,192 | ||||||
Less: Interest capitalized |
1,082 | 691 | ||||||
Total earnings (loss) |
$ | (20,629 | ) | $ | (185,588 | ) | ||
Fixed charges: |
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Interest charges |
$ | 45,756 | $ | 40,259 | ||||
Portion of noncancelable lease expense representative of the interest factor |
3,143 | 3,933 | ||||||
Total fixed charges |
$ | 48,899 | $ | 44,192 | ||||
Ratio of earnings to fixed charges |
(a | ) | (b | ) |
(a) | Earnings were insufficient to cover fixed charges by $69,528. |
(b) | Earnings were insufficient to cover fixed charges by $229,780. |