EX-12 3 a06-20557_1ex12.htm EX-12

EXHIBIT 12

ConAgra Foods, Inc. and Subsidiaries

Computation of Ratio of Earnings to Fixed Charges

($ in millions)

 

 

Thirteen
weeks ended
August 27, 2006

 

 

 

 

 

Earnings:

 

 

 

Income from continuing operations before income taxes and equity method investment earnings

 

$

167.8

 

Add/(deduct):

 

 

 

Fixed charges

 

80.4

 

Distributed income of equity method investees

 

1.6

 

Capitalized interest

 

(1.5

)

Earnings available for fixed charges (a)

 

$

248.3

 

 

 

 

 

Fixed charges:

 

 

 

Interest expense

 

$

64.6

 

Capitalized interest

 

1.5

 

One third of rental expense (1)

 

14.3

 

Total fixed charges (b)

 

$

80.4

 

 

 

 

 

Ratio of earnings to fixed charges (a/b)

 

3.1

 

(1)             Considered to be representative of interest factor in rental expense.

 

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