EX-12.1 2 dex121.htm RATIO OF EARNINGS TO FIXED CHARGES Ratio of Earnings to Fixed Charges

Exhibit 12.1

SUPERVALU INC.

Ratio of Earnings to Fixed Charges

(In millions, except ratios)

(unaudited)

 

     Fiscal years ended  
     February 23,
2008		    February 25,
2007		    February 26,
2006		    February 28,
2005		    February 22,
2004		  

Earnings before income taxes

    $ 977    $ 747    $ 329    $ 601    $ 455  

Net over (under) distributed earnings of less than fifty percent owned affiliates

      1      5      12      3      (16 )

Interest expense

      725      600      139      138      166  

Interest on operating leases

      184      155      48      44      44  
                                    

Earnings

    $ 1,887    $ 1,507    $ 528    $ 786    $ 649  
                                    

Fixed charges

    $ 909    $ 755    $ 187    $ 183    $ 210  
                                    

Ratio of earnings to fixed charges

      2.08      2.00      2.82      4.30      3.09