Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - VALASSIS COMMUNICATIONS INC | k50042e10vk.htm |
| EX-32.2 - EX-32.2 - VALASSIS COMMUNICATIONS INC | k50042exv32w2.htm |
| EX-23.1 - EX-23.1 - VALASSIS COMMUNICATIONS INC | k50042exv23w1.htm |
| EX-21.1 - EX-21.1 - VALASSIS COMMUNICATIONS INC | k50042exv21w1.htm |
| EX-32.1 - EX-32.1 - VALASSIS COMMUNICATIONS INC | k50042exv32w1.htm |
| EX-31.2 - EX-31.2 - VALASSIS COMMUNICATIONS INC | k50042exv31w2.htm |
| EX-31.1 - EX-31.1 - VALASSIS COMMUNICATIONS INC | k50042exv31w1.htm |
| EX-10.22 - EX-10.22 - VALASSIS COMMUNICATIONS INC | k50042exv10w22.htm |
| EX-10.30 - EX-10.30 - VALASSIS COMMUNICATIONS INC | k50042exv10w30.htm |
EXHIBIT 12.1
| Year Ended December 31, | ||||||||||||||||||||
| (in thousands of U.S. dollars) | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
$ | 64,904 | $ | 87,041 | $ | 98,903 | $ | 93,779 | $ | 19,862 | (2) | |||||||||
Portion of rent expense
representative of interest |
9,174 | 9,513 | 10,419 | 8,967 | 2,900 | |||||||||||||||
Total fixed charges |
$ | 74,078 | $ | 96,554 | $ | 109,322 | $ | 102,746 | $ | 22,762 | ||||||||||
Earnings (Loss): |
||||||||||||||||||||
Earnings (loss) before income taxes |
$ | 632,655 | $ | 110,943 | $ | (215,837 | ) | $ | 79,996 | $ | 74,674 | |||||||||
Fixed charges per above |
74,078 | 96,554 | 109,322 | 102,746 | 22,762 | |||||||||||||||
Total earnings (loss) |
$ | 706,733 | $ | 207,497 | $ | (106,515 | ) | $ | 182,742 | $ | 97,436 | |||||||||
Ratio of earnings to fixed charges |
9.54 | 2.15 | (1 | ) | 1.78 | 4.28 | ||||||||||||||
| (1) | Earnings for the year ended December 31, 2008 were inadequate to cover fixed charges by $215.8 million. | |
| (2) | Excludes $13,751 of interest expense for premiums and losses on swap and swaption contracts. These contracts are unrelated to our indebtedness. |