PILGRIMS PRIDE CORP - FORM 10-Q - EX-12 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - July 30, 2010

Attached files

file filename
EX-10.1 - LETTER AGREEMENT - PILGRIMS PRIDE CORPdex101.htm
EX-31.1 - SECTION 302 CERT. - PRINCIPAL EXECTIVE OFFICER - PILGRIMS PRIDE CORPdex311.htm
EX-31.2 - SECTION 302 CERT. - PRINCIPAL FINANCIAL OFFICER - PILGRIMS PRIDE CORPdex312.htm
EX-32.1 - SECTION 906 CERT. - PRINCIPAL EXECUTIVE OFFICER - PILGRIMS PRIDE CORPdex321.htm
10-Q - FORM 10-Q - PILGRIMS PRIDE CORPd10q.htm
EX-32.2 - SECTION 906 CERT. - PRINCIPAL FINANCIAL OFFICER - PILGRIMS PRIDE CORPdex322.htm

EXHIBIT 12

PILGRIM’S PRIDE CORPORATION

COMPUTATION OF RATIO OF EARNINGS (LOSS) TO FIXED CHARGES

 

     Six Months Ended  
     June  27,
2010		     June  27,
2009		  
    
     (In thousands, except ratios)  

Earnings (loss):

     

Loss from continuing operations before income taxes

    $ (45,583 )    $ (2,293 ) 

Add: Total fixed charges

      62,321        94,756   

Less: Interest capitalized

      (195 )      990   
                

Total earnings

    $ 16,933      $ 91,473   
                

Fixed charges:

     

Interest charges

    $ 54,341      $ 86,277   

Portion of noncancelable lease expense representative of the interest factor

      7,980        8,479   
                

Total fixed charges

    $ 62,321      $ 94,756   
                

Ratio of earnings to fixed charges

      (a )      (b ) 

 

(a) Earnings were insufficient to cover fixed charges by $45,388.
(b) Earnings were insufficient to cover fixed charges by $3,283.

PILGRIMS PRIDE CORP Reports