EXHIBIT 12
DEAN FOODS COMPANY
COMPUTATION OF EARNINGS TO FIXED CHARGES
Computation of Ratio of Earnings to Fixed Charges for each of the periods indicated
| Nine months ended September 30 2010 | Year Ended December 31 | |||||||||||||||||||||||
| 2009 | 2008 | 2007 | 2006 | 2005 | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | 159,544 | $ | 380,465 | $ | 296,217 | $ | 210,229 | $ | 451,760 | $ | 417,844 | ||||||||||||
Fixed charges: | ||||||||||||||||||||||||
Interest expense | 177,742 | 246,510 | 308,178 | 333,328 | 194,630 | 160,279 | ||||||||||||||||||
Portion of rentals (33%) | 39,790 | 52,800 | 49,107 | 44,546 | 44,099 | 42,990 | ||||||||||||||||||
Capitalized interest | 871 | 1,676 | 2,803 | 2,012 | 3,374 | 3,839 | ||||||||||||||||||
Total fixed charges | 218,403 | 300,986 | 360,088 | 379,886 | 242,103 | 207,108 | ||||||||||||||||||
Income from continuing operations before income taxes and fixed charges less capitalized interest and equity in earnings of unconsolidated affiliates | $ | 377,076 | $ | 679,775 | $ | 653,502 | $ | 588,103 | $ | 690,489 | $ | 621,113 | ||||||||||||
Ratio of earnings to fixed charges | 1.73 | 2.26 | 1.81 | 1.55 | 2.85 | 3.00 | ||||||||||||||||||