EXHIBIT 12.1
PATHMARK STORES, INC.
STATEMENTS REGARDING COMPUTATION OF RATIO
OF EARNINGS TO FIXED CHARGES
(in thousands)
Fiscal Years
-------------------------------------------------------------------
1997 1996 1995 1994 1993
---- ---- ---- ---- ----
Earnings (loss) from continuing
operations before taxes........ $ (44,891) $ (34,369) $ 38,661 $ 28,196 $ (33,074)
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Fixed charges:
Interest expense............. 164,168 161,469 164,749 158,503 185,968
Interest portion of rental
expense(1)................. 12,088 10,930 10,533 12,263 13,313
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Total fixed charges..... 176,256 172,399 175,282 170,766 199,281
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Adjusted earnings before
fixed charges.................. $ 131,365 $ 138,030 $ 213,943 $ 198,962 $ 166,207
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Ratio of earnings to fixed
charges........................ -- -- 1.22x 1.17x --
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Deficiency in earnings
available to cover fixed
charges........................ $ 44,891 $ 34,369 $ -- $ -- $ 33,074
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<FN>
(1) Represents the portion of rentals deemed representative of the interest
included therein.
</FN>