EX-12 2 dex12.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

 

EXHIBIT 12

PILGRIM’S PRIDE CORPORATION

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

 

     Nine Months Ended  
     September 26,
2010
     September 26,
2009
 
     (In thousands, except ratios)  

Earnings:

     

Income from continuing operations before income taxes

   $ 43,451       $ 55,311   

Add: Total fixed charges

     92,954         136,902   

Less: Interest capitalized

     669         1,928   
                 

Total earnings

   $ 135,736       $ 190,285   
                 

Fixed charges:

     

Interest charges

   $ 81,696       $ 124,289   

Portion of noncancelable lease expense representative of the interest factor

     11,258         12,613   
                 

Total fixed charges

   $ 92,954       $ 136,902   
                 

Ratio of earnings to fixed charges

     1.46         1.39