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Dole Food Co Inc – ‘10-K’ for 12/29/07 – ‘EX-12’

On:  Monday, 3/10/08, at 9:52pm ET   ·   As of:  3/11/08   ·   For:  12/29/07   ·   Accession #:  892569-8-277   ·   File #:  1-04455

Previous ‘10-K’:  ‘10-K’ on 3/23/07 for 12/30/06   ·   Next:  ‘10-K’ on 3/27/09 for 1/3/09   ·   Latest:  ‘10-K’ on 3/12/13 for 12/29/12   ·   4 References:   

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/11/08  Dole Food Co Inc                  10-K       12/29/07    9:2.0M                                   Bowne - Biv/FA

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.60M 
 2: EX-10.6     Material Contract                                   HTML      6K 
 4: EX-21       Subsidiaries                                        HTML     18K 
 5: EX-23       Consent of Experts or Counsel                       HTML      7K 
 3: EX-12       Statement re: Computation of Ratios                 HTML     18K 
 6: EX-31.1     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     12K 
 7: EX-31.2     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     12K 
 8: EX-32.1     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K 
 9: EX-32.2     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K 


EX-12   —   Statement re: Computation of Ratios


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  exv12  

 

EXHIBIT 12
DOLE FOOD COMPANY, INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In thousands, except for ratio data)
 C:  C:  C:  C: 
                                                 
                                    Three        
                                    Quarters        
    Fiscal Years Ended     Ended        
    December 29,     December 30,     December 31,     January 1,     January 3,     Quarter Ended  
    2007     2006     2005     2005     2004     March 22, 2003  
Income (loss) from continuing operations before income taxes, minority interests and equity earnings
  $ (55,340 )   $ (73,422 )   $ 81,621     $ 153,025     $ 28,919     $ 72,359  
Distributed income of equity method investees
    439       1,478       2,040       2,173       2,606       648  
Fixed charges from continuing operations
    251,270       225,728       185,800       186,296       149,648       27,122  
 
                                   
Earnings available for fixed charges
  $ 196,369     $ 153,784     $ 269,461     $ 341,494     $ 181,173     $ 100,129  
 
                                   
 
                                               
Fixed charges from continuing operations:
                                               
Interest expense
  $ 190,143     $ 169,719     $ 134,926     $ 142,998     $ 116,921     $ 19,246  
Amortization of debt expense and discounts
    4,722       4,996       7,526       9,505       7,435       374  
Assumed interest element included in rent expense
    56,405       51,013       43,348       33,793       25,292       7,502  
 
                                   
 
                                               
Total fixed charges from continuing operations
  $ 251,270     $ 225,728     $ 185,800     $ 186,296     $ 149,648     $ 27,122  
 
                                   
 
                                               
Ratio of earnings to fixed charges (A)
    0.78 X     0.68 X     1.45 X     1.83 X     1.21 X     3.69 X
 
(A)   Due to the Company’s loss from continuing operations in both 2007 and 2006, the ratio of earnings to fixed charges was less than 1:1. The Company must generate additional earnings of $54.9 million and $71.9 million to achieve a coverage ratio of 1:1 for 2007 and 2006, respectively.

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed as of:3/11/08
Filed on:3/10/08
For Period End:12/29/07
3/22/0310-Q
 List all Filings 


4 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/16/09  SEC                               UPLOAD10/10/17    1:35K  Dole Food Co. Inc.
 2/27/09  SEC                               UPLOAD10/10/17    1:41K  Dole Food Co. Inc.
 2/04/09  SEC                               UPLOAD10/10/17    1:63K  Dole Food Co. Inc.
12/19/08  SEC                               UPLOAD10/10/17    1:69K  Dole Food Co. Inc.
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Filing Submission 0000892569-08-000277   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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