EX-12.1 5 mm11-1210_s3e121.htm EX.12.1 - STATEMENT OF RATIO OF EARNINGS TO FIXED CHARGES mm11-1210_s3e121.htm
 
EXHIBIT 12.1

Darling International Inc.
Statement of Ratio of Earning to Fixed Charges
(in thousands)
               
               
               
 
Nine Months
Ended
  
Fiscal year ended
 
October 2, 2010
  
January 2, 2010
January 3, 2009
December 29, 2007
December 30, 2006
December 31, 2005
Fixed charges:
              
Interest expense, including amortization of debt issue cost and discounts
 $  2,656
  
 $ 3,105
 $ 3,018
 $ 5,045
 $ 7,184
 $ 6,157
               
Estimate of interest within rental expense (1)
 2,438
  
 3,131
 2,876
 2,605
 2,057
 1,827
               
Total Fixed charges
 $  5,094
  
 $ 6,236
 $ 5,894
 $ 7,650
 $ 9,241
 $ 7,984
               
Earnings:
              
Pre-tax income
 $53,420
  
 $66,879
 $89,916
 $75,032
 $ 7,373
 $10,879
               
Fixed charges (calculated above)
 5,094
  
 6,236
 5,894
 7,650
 9,241
 7,984
               
Total Earnings
 $58,514
  
 $73,115
 $95,810
 $82,682
 $16,614
 $18,863
               
Ratio of earnings to fixed charges
 11.49
  
 11.72
 16.26
 10.81
1.80
2.36


(1) Rental expense includes lease and rental expenses on real property, equipment and rolling stock.
  
Note:  Darling currently has no preferred securities outstanding and therefore, has not included a ratio of earnings to combined fixed charges and preferred dividends.