EX-12.1 3 d621022dex121.htm EX-12.1

EX-12.1

Exhibit 12.1

Darling International Inc.

Statement of Ratio of Earning to Fixed Charges

(in thousands)

		Six Months Ended				Fiscal year ended
		June 29, 2013				December 29, 2012				December 31, 2011				January 1, 2011				January 2, 2010				January 3, 2009
Fixed charges:
Interest expense, including amortization of debt issue cost and discounts		$	11,294			$	24,054			$	37,163			$	8,737			$	3,105			$	3,018
Capitalized Interest			1,200				1,617				366				52				36				270
Estimate of interest within rental expense (1)			2,304				4,212				4,099				3,251				3,131				2,876
Total Fixed charges		$	14,798			$	29,883			$	41,628			$	12,040			$	6,272			$	6,164
Earnings:
Pre-tax income		$	95,576			$	206,785			$	272,295			$	70,343			$	66,879			$	89,916
Fixed charges (calculated above)			14,798				29,883				41,628				12,040				6,272				6,164
Deduct: Capitalized Interest			(1,200	)			(1,617	)			(366	)			(52	)			(36	)			(270	)
Total Earnings		$	109,174			$	235,051			$	313,557			$	82,331			$	73,115			$	95,810
Ratio of earnings to fixed charges			7.38				7.87				7.53				6.84				11.66				15.54

(1) Rental expense includes lease and rental expenses on real property, equipment, aircraft and rolling stock.