Exhibit 12
Fleming Companies, Inc.
Computation of Ratio of Earnings to Fixed Charges
40 Weeks Ended
October 5, October 7,
(In thousands of dollars) 1996 1995
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Earnings:
Pretax income $ 33,464 $ 77,612
Fixed charges, net 159,185 164,536
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Total earnings $192,649 $242,148
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Fixed charges:
Interest expense $125,045 $135,046
Portion of rental charges
deemed to be interest 33,861 29,239
Capitalized interest 103 664
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Total fixed charges $159,009 $164,949
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Ratio of earnings
to fixed charges 1.21 1.47
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"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.