1
INTERNATIONAL HOME FOODS, INC.
(DOLLARS IN MILLIONS, EXCEPT PER SHARE AMOUNTS)
(UNAUDITED)
EXHIBIT 12 COMPUTATION OF CONSOLIDATED RATIO OF EARNINGS TO FIXED CHARGES
Three Months Ended
March 31, 1998 March 31, 1997
-------------- --------------
Income before provision for income taxes $ 31,912 $ 12,292
Add (subtract):
Interest on term loans and notes 21,732 24,747
Amortization of debt cost 1,190 1,160
Portion of rents representative of interest 558 163
-------------- --------------
Income as adjusted $ 55,392 $ 38,362
Fixed Charges
Interest on term loans and notes $ 21,732 $ 24,747
Amortization of debt costs 1,190 1,160
Portion of rents representative of interest 558 163
-------------- --------------
Total fixed charges $ 23,480 $ 26,070
Consolidated Ratio of Earnings to Fixed Charges 2.36 1.47
============== ==============