EXHIBIT 12
ARAMARK CORPORATION AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (A)
(In thousands)
Fiscal Year Ended
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October 3, October 2, October 1, September 29, September 28,
1997 1998 1999 2000 2001
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Income before income taxes
and minority interest $215,847 $215,772 $239,413 $271,780 $286,215
Fixed charges, excluding
capitalized interest 163,404 169,997 188,184 204,676 215,092
Other, net (67) (2,063) (3,845) (3,109) (4,156)
-------- -------- -------- -------- --------
Earnings, as adjusted $379,184 $383,706 $423,752 $473,347 $497,151
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Interest expense $119,284 $122,681 $139,829 $149,430 $157,412
Capitalized interest 223 3 412 624 818
Portion of operating lease
rentals representative
of interest factor 44,120 47,316 48,355 55,246 57,680
---------- -------- ---------- --------- ---------
Fixed charges $163,627 $170,000 $188,596 $205,300 $215,910
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Ratio of earnings to
fixed charges 2.3x 2.3x 2.2x 2.3x 2.3x
======== ========= ========= ========= =========
(A) For the purpose of determining the ratio of earnings to fixed charges,
earnings include pre-tax income 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).