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AMERIKING, INC.
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CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES
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Dec. 28, 1999 to Dec. 29, 1998 to
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Sep. 25, 2000 Sep. 27, 1999
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W/O PIK With PIK W/O PIK With PIK
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Dividends Dividends Dividends Dividends
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EARNINGS
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Income (loss) before income taxes benefit (8,318,000) (8,318,000) 1,297,000 1,297,000
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Interest expense 16,483,000 16,483,000 15,187,000 15,187,000
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Amortization of deffered financing costs 685,000 685,000 642,000 642,000
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Portion of rents representative of interest 7,432,000 7,432,000 6,807,000 6,807,000
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Preferred stock PIK dividends - 462,000 - 435,000
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Total earnings 16,282,000 16,744,000 23,933,000 24,368,000
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FIXED CHARGES
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Interest expense 16,483,000 16,483,000 15,187,000 15,187,000
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Amortization of deffered financing costs 685,000 685,000 642,000 642,000
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Portion of rents representative of interest 7,432,000 7,432,000 6,807,000 6,807,000
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Preferred stock PIK dividends - 462,000 - 435,000
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Total Fixed Charges 24,600,000 25,062,000 22,636,000 23,071,000
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RATIO OF EARNINGS TO FIXED CHARGES 0.66 0.67 1.06 1.06
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INSUFFICIENT EARNINGS TO COVER FIXED CHARGES (8,318,000) (8,318,000) N/A N/A
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