EXHIBIT 12
ARAMARK CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (A)
(Unaudited)
(In thousands)
| Successor (B) | Predecessor (B) | |||||||||||||||||||||||||
| Fiscal Year Ended September 30, 2011 | Fiscal Year Ended October 1, 2010 | Fiscal Year Ended October 2, 2009 | Fiscal Year Ended October 3, 2008 (C) | Period from January 27, 2007 through September 28, 2007 | Period from September 30, 2006 through January 26, 2007 | |||||||||||||||||||||
Income (loss) from continuing operations before income taxes | $ | 121,949 | $ | 32,986 | $ | (23,721 | ) | $ | 42,804 | $ | 15,973 | $ | 17,435 | |||||||||||||
Fixed charges, excluding capitalized interest | 501,175 | 509,344 | 540,999 | 576,645 | 412,256 | 67,221 | ||||||||||||||||||||
Undistributed earnings of less than 50% owned affiliates | (24,523 | ) | (22,114 | ) | (16,549 | ) | (13,888 | ) | (11,801 | ) | (5,411 | ) | ||||||||||||||
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Earnings, as adjusted | $ | 598,601 | $ | 520,216 | $ | 500,729 | $ | 605,561 | $ | 416,428 | $ | 79,245 | ||||||||||||||
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Interest expense | $ | 444,915 | $ | 451,828 | $ | 485,132 | $ | 517,334 | $ | 375,378 | $ | 49,435 | ||||||||||||||
Portion of operating lease rentals representative of interest factor | 56,033 | 57,467 | 55,267 | 59,311 | 36,878 | 17,786 | ||||||||||||||||||||
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Fixed charges | $ | 500,948 | $ | 509,295 | $ | 540,399 | $ | 576,645 | $ | 412,256 | $ | 67,221 | ||||||||||||||
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Ratio of earnings to fixed charges | 1.2 | x | 1.0 | x | 0.9 | x | 1.1 | x | 1.0 | x | 1.2 | x | ||||||||||||||
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| (A) | For the purpose of determining the ratio of earnings to fixed charges, earnings include pretax income (loss) from continuing operations plus fixed charges (excluding capitalized interest). Fixed charges consist of interest on all indebtedness (including capitalized interest) plus that portion of operating lease rentals representative of the interest factor (deemed to be one-third of operating lease rentals). Prior periods have been adjusted to reflect Galls, LLC, as a discontinued operation. |
| (B) | The ratio of earnings to fixed charges are presented for two periods: Predecessor and Successor, which relate to the period preceding the going-private transaction and the period succeeding the going-private transaction, respectively. As a result of the Transaction and the related purchase accounting, the Predecessor and Successor ratios of earnings to fixed charges are not comparable. |
| (C) | Fiscal 2008 was a 53 week year. |