Exhibit 12
Fleming Companies, Inc.
Computation of Ratio of Earnings to Fixed Charges
<TABLE>
<CAPTION>
28 Weeks Ended
July 8, July 10,
(In thousands of dollars) 2000 1999
<S> <C> <C>
Earnings:
Pretax loss $(65,199) $(31,159)
Fixed charges, net 105,805 105,374
Total earnings $ 40,606 $ 74,215
Fixed charges:
Interest expense $ 91,548 $ 90,253
Portion of rental charges
deemed to be interest 13,981 14,876
Capitalized interest 185 178
Total fixed charges $105,714 $105,307
Deficiency $ 65,108 $ 31,092
Ratio of earnings
to fixed charges .38 .70
</TABLE>
"Earnings" consists of income before income taxes and fixed
charges excluding capitalized interest. Capitalized
interest amortized during the respective periods is added
back to earnings.
"Fixed charges, net" consists of interest expense, an
estimated amount of rental expense which is deemed to be
representative of the interest factor and amortization of
capitalized interest.
The pro forma ratio of earnings to fixed charges is omitted,
as it is not applicable.
Under the company's long-term debt agreements, "earnings"
and "fixed charges" are defined differently and amounts and
ratios differ accordingly.
