Exhibit 12
INTERNATIONAL MULTIFOODS CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(unaudited)
(in thousands)
THREE MONTHS ENDED
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May 27, May 31,
2000 1999
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Earnings from continuing operations
before income taxes $ 7,661 $ 7,359
Plus: Fixed charges (1) 6,361 7,005
Less: Capitalized interest (231) (124)
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Earnings available to cover
fixed charges $13,791 $14,240
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Ratio of earnings to fixed charges 2.17 2.03
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(1) Fixed charges consisted of the following:
THREE MONTHS ENDED
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May 27, May 31,
2000 1999
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Interest expense, gross $4,207 $4,595
Rentals (Interest factor) 2,154 2,410
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Total fixed charges $6,361 $7,005
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