EXHIBIT 12.1
SUPERMARKETS GENERAL HOLDINGS CORPORATION
STATEMENTS REGARDING COMPUTATION OF RATIO
OF EARNINGS TO FIXED CHARGES
(DOLLARS IN THOUSANDS EXCEPT RATIO)
FISCAL YEARS
----------------------------------------------------------
1994 1993 1992 1991 1990
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Income (loss) from continuing
operations before taxes......... $ 16,121 $(36,819) $(608,614) $(255,618) $(29,403)
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Fixed charges:
Interest expense.............. 170,848 190,110 197,773 216,508 239,230
Interest portion of rental
expense(1)...................... 12,307 13,351 11,420 14,617 15,385
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Total fixed charges..... 183,155 203,461 209,193 231,125 254,615
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Adjusted income (loss) before
fixed charges................... $199,276 $166,642 $(399,421) $ (24,493) $225,212
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Ratio of earnings to fixed
charges......................... 1.09x -- -- -- --
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Deficiency in earnings available
to cover fixed charges........ $ -- $ 36,819 $ 608,614 $ 255,618 $ 29,403
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(1) Represents the portion of rentals deemed representative of the interest
included therein.