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Dole Food Co Inc – ‘10-K’ for 12/30/06 – ‘EX-12’

On:  Friday, 3/23/07, at 5:25pm ET   ·   For:  12/30/06   ·   Accession #:  892569-7-319   ·   File #:  1-04455

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

 3/23/07  Dole Food Co Inc                  10-K       12/30/06   10:2.5M                                   Bowne - Biv/FA

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.58M 
 2: EX-3.1.BT   Articles of Incorporation/Organization or By-Laws   HTML      5K 
 3: EX-3.2.C    Articles of Incorporation/Organization or By-Laws   HTML     30K 
 5: EX-21       Subsidiaries                                        HTML     18K 
 6: EX-23       Consent of Experts or Counsel                       HTML      7K 
 4: EX-12       Statement re: Computation of Ratios                 HTML     18K 
 7: EX-31.1     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     12K 
 8: EX-31.2     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     12K 
 9: EX-32.1     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K 
10: 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     Quarter     Fiscal Years  
    Fiscal Years Ended     Ended     Ended     Ended  
    December 30,     December 31,     January 1,     January 3,     March 22,     December 28,  
    2006     2005     2005     2004     2003     2002  
Income (loss) from continuing operations before income tax expense, minority interest expense, equity earnings and cumulative effect of change in accounting principle
  $ (66,680 )   $ 82,835     $ 159,673     $ 26,619     $ 72,001     $ 206,659  
Distributed income of equity method investees
    1,478       2,040       2,173       2,606       648       3,166  
Fixed charges from continuing operations
    225,728       185,800       186,296       149,648       27,122       117,154  
 
                                   
Earnings available for fixed charges
  $ 160,526     $ 270,675     $ 348,142     $ 178,873     $ 99,771     $ 326,979  
 
                                   
 
                                               
Fixed charges from continuing operations:
                                               
Interest expense
  $ 169,719     $ 134,926     $ 142,998     $ 116,921     $ 19,246     $ 79,000  
Amortization of debt expense and discounts
    4,996       7,526       9,505       7,435       374       1,721  
Assumed interest element included in rent expense
    51,013       43,348       33,793       25,292       7,502       36,433  
 
                                   
 
                                               
Total fixed charges from continuing operations
  $ 225,728     $ 185,800     $ 186,296     $ 149,648     $ 27,122     $ 117,154  
 
                                   
Ratio of earnings to fixed charges (A)
    0.71     1.46     1.87     1.20     3.68     2.79

 
(A) Due to the Company’s loss from continuing operations in 2006, the ratio coverage was less than 1:1. The Company must generate additional earnings of $65.2 million to achieve a coverage of 1:1.


Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/23/07None on these Dates
For Period End:12/30/06
12/28/06
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Filing Submission 0000892569-07-000319   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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