diff --git a/pkgfile2puke b/pkgfile2puke
index 0295f397..c5345afa 100755
--- a/pkgfile2puke
+++ b/pkgfile2puke
@@ -36,8 +36,16 @@ pkgfile_source() {
     done > sources
 }
 
+pkgfile_depends() {
+    [ "$depends" ] || return
+
+    printf '%s\n' "$depends" | while IFS=' ' read -r dep; do
+        printf '%s\n' "$dep"
+    done > depends
+}
+
 pkgfile_build() {
-    sed 's/$BUILD/$pkg_dir/g' "$1" | while read -r line; do
+    sed 's/$\(BUILD\|PKG\)/$pkg_dir/g' "$1" | while read -r line; do
         [ "$line" = "}" ] && code=
         [ "$code" ]       && printf '%s\n' "$line"
 
@@ -55,6 +63,7 @@ main() {
 
     pkgfile_version
     pkgfile_source
+    pkgfile_depends
     pkgfile_build "$1"
 }