Attached files

file filename
8-K - FORM 8-K - DEAN FOODS COd8k.htm
EX-23 - CONSENT OF DELOITTE & TOUCHE LLP - DEAN FOODS COdex23.htm
EX-99.1 - AMENDMENT NO. 1 TO THE SECOND AMENDED AND RESTATED CREDIT AGREEMENT - DEAN FOODS COdex991.htm
EX-99.4 - SCHEDULE II - DEAN FOODS COdex994.htm
EX-99.2 - AMENDMENT NO. 11 TO THE FIFTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREE. - DEAN FOODS COdex992.htm
EX-99.3 - SELECTED FINANCIAL DATA - DEAN FOODS COdex993.htm

EXHIBIT 12

DEAN FOODS COMPANY

COMPUTATION OF EARNINGS TO FIXED CHARGES

Computation of Ratio of Earnings to Fixed Charges for each of the periods indicated

 

     Nine  months
ended
September 30

2010
     Year Ended December 31  
        2009      2008      2007      2006      2005  

Income from continuing operations before income taxes

   $ 159,544       $ 380,465       $ 296,217       $ 210,229       $ 451,760       $ 417,844   

Fixed charges:

                 

Interest expense

     177,742         246,510         308,178         333,328         194,630         160,279   

Portion of rentals (33%)

     39,790         52,800         49,107         44,546         44,099         42,990   

Capitalized interest

     871         1,676         2,803         2,012         3,374         3,839   
                                                     

Total fixed charges

     218,403         300,986         360,088         379,886         242,103         207,108   
                                                     

Income from continuing operations before income taxes and fixed charges less capitalized interest and equity in earnings of unconsolidated affiliates

   $ 377,076       $ 679,775       $ 653,502       $ 588,103       $ 690,489       $ 621,113   
                                                     

Ratio of earnings to fixed charges

     1.73         2.26         1.81         1.55         2.85         3.00