EX-12.1 3 ex12_1.htm EXHIBIT 12.1 ex12_1.htm
 
EXHIBIT 12.1

   
PILGRIM’S PRIDE CORPORATION
  
   
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
  
   
   
NINE MONTHS ENDED
  
   
June 30, 2007
    
July 1, 2006
  
EARNINGS (Loss):
            
             
Income (loss) before income taxes
   $
24,307
     $ (48,435 )
                 
Add:  Total fixed charges
    
106,663
      
50,837
  
                 
Less:  Interest Capitalized
    
4,010
      
3,162
  
                 
Total Earnings
   $
126,960
     $ (760 )
                 
FIXED CHARGES:
                
                 
Interest expense
   $
98,140
     $
41,564
  
                 
Portion of rental expense representative of the interest factor
    
8,523
      
9,273
  
                 
Total fixed charges
   $
106,663
     $
50,837
  
                 
Ratio of earnings to fixed charges
    
1.19
         (1)

(1)
Earnings were insufficient to cover fixed charges by $51,597.