EXHIBIT 12.1
Jafra Cosmetics
Computation of Ratio of Earnings to Fixed Charges
Six Months Four Months Two Months
Ended Ended Ended
Year ended December 31, June 30, April 30, June 30,
1993 1994 1995 1996 1997 1997 1998 1998
Income (loss) before
extraordinary item
and income tax
benefit (expense) A 50.5 31.4 38.9 10.0 20.3 8.6 7.0 (0.2)
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Fixed Charges:
Interest including
amortization of debt
issuance costs 0.9 1.0 0.6 0.5 0.5 0.2 0.2 2.7
Interest portion of
rent expense 1.2 2.8 1.2 1.6 1.2 0.3 0.2 0.1
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Total Fixed Charges B 2.1 3.8 1.8 2.1 1.7 0.5 0.4 2.8
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Earnings,
as defined C = (A+B) 52.6 35.2 40.7 12.1 22.0 9.1 7.4 2.6
Ratio of earnings
for fixed charges C/B 25.0 9.3 22.6 5.8 12.9 18.2 18.5 (i)
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(i)For the two months ended June 30, 1998, earnings before income taxes and
fixed charges were insufficient to cover fixed charges by .2.