He sent forth (created) Prâna (spirit); from Prâna Sraddhâ (faith), ether, air, light, water, earth, sense, mind, food; from food came vigour, penance, hymns, sacrifice, the worlds, and in the worlds the name also.

In plain words: So this person first created prana, the life-breath. From the breath came faith, space, air, fire, water, earth, the senses, mind and food. From food came strength, self-discipline, sacred hymns, worship, the worlds, and names for everything.