Heinz H J (HNZ) 10-Q 2006 Q4 Quarterly report

Exhibit 12

H. J. HEINZ COMPANY AND SUBSIDIARIES
COMPUTATION OF RATIOS OF EARNINGS TO FIXED CHARGES

	Six Months
	Ended
	November 1,
	2006
	(Thousands of
	Dollars)
Fixed Charges:
Interest expense*	$	159,481
Capitalized interest		—
Interest component of rental expense		15,419
Total fixed charges	$	174,900
Earnings:
Income from continuing operations before adjustments for minority interests in consolidated subsidiaries, income or loss from equity investees, and income taxes	$	555,969
Add: Interest expense*		159,481
Add: Interest component of rental expense		15,419
Add: Amortization of capitalized interest		814
Earnings as adjusted	$	731,683
Ratio of earnings to fixed charges		4.18

*  Interest expense includes amortization of debt expense and any discount or premium relating to indebtedness.