Attached files
Exhibit 12.1
Domtar Corporation
Computation of ratio of earnings to fixed charges
(In millions of dollars, unless otherwise noted)
Three months ended | |||||
March 31, 2010 |
March 31, 2009 |
||||
$ | $ | ||||
Available earnings: |
|||||
Earnings (loss) before income taxes |
84 | (53 | ) | ||
Add fixed charges: |
|||||
Interest expense incurred |
30 | 30 | |||
Amortization of debt expense and discount |
2 | 1 | |||
Interest portion of rental expense |
3 | 3 | |||
Total earnings (loss) as defined |
119 | (19 | ) | ||
Fixed charges: |
|||||
Interest expense incurred |
30 | 30 | |||
Amortization of debt expense and discount |
2 | 1 | |||
Interest portion of rental expense |
3 | 3 | |||
Total fixed charges |
35 | 34 | |||
Ratio of earnings to fixed charges |
3.4 | | |||
Deficiency in the coverage of earnings to fixed charges |
| 53 | |||