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10-K - FORM 10-K - Resolute Forest Products Inc.g26544e10vk.htm
EX-4.4 - EX-4.4 - Resolute Forest Products Inc.g26544exv4w4.htm
EX-32.1 - EX-32.1 - Resolute Forest Products Inc.g26544exv32w1.htm
EX-10.2 - EX-10.2 - Resolute Forest Products Inc.g26544exv10w2.htm
EX-31.1 - EX-31.1 - Resolute Forest Products Inc.g26544exv31w1.htm
EX-31.2 - EX-31.2 - Resolute Forest Products Inc.g26544exv31w2.htm
EX-24.1 - EX-24.1 - Resolute Forest Products Inc.g26544exv24w1.htm
EX-10.6 - EX-10.6 - Resolute Forest Products Inc.g26544exv10w6.htm
EX-21.1 - EX-21.1 - Resolute Forest Products Inc.g26544exv21w1.htm
EX-32.2 - EX-32.2 - Resolute Forest Products Inc.g26544exv32w2.htm
EX-23.1 - EX-23.1 - Resolute Forest Products Inc.g26544exv23w1.htm
EX-10.4 - EX-10.4 - Resolute Forest Products Inc.g26544exv10w4.htm
EX-10.5 - EX-10.5 - Resolute Forest Products Inc.g26544exv10w5.htm
EX-10.23 - EX-10.23 - Resolute Forest Products Inc.g26544exv10w23.htm
EX-10.33 - EX-10.33 - Resolute Forest Products Inc.g26544exv10w33.htm
EX-10.28 - EX-10.28 - Resolute Forest Products Inc.g26544exv10w28.htm
EX-10.19 - EX-10.19 - Resolute Forest Products Inc.g26544exv10w19.htm
EX-10.27 - EX-10.27 - Resolute Forest Products Inc.g26544exv10w27.htm
EX-10.26 - EX-10.26 - Resolute Forest Products Inc.g26544exv10w26.htm
EX-10.25 - EX-10.25 - Resolute Forest Products Inc.g26544exv10w25.htm
EX-10.21 - EX-10.21 - Resolute Forest Products Inc.g26544exv10w21.htm
EX-10.17 - EX-10.17 - Resolute Forest Products Inc.g26544exv10w17.htm
EX-10.18 - EX-10.18 - Resolute Forest Products Inc.g26544exv10w18.htm
EX-10.32 - EX-10.32 - Resolute Forest Products Inc.g26544exv10w32.htm
EX-10.29 - EX-10.29 - Resolute Forest Products Inc.g26544exv10w29.htm
EX-10.11 - EX-10.11 - Resolute Forest Products Inc.g26544exv10w11.htm
EX-10.13 - EX-10.13 - Resolute Forest Products Inc.g26544exv10w13.htm
EX-10.20 - EX-10.20 - Resolute Forest Products Inc.g26544exv10w20.htm
EX-10.31 - EX-10.31 - Resolute Forest Products Inc.g26544exv10w31.htm
EX-10.12 - EX-10.12 - Resolute Forest Products Inc.g26544exv10w12.htm
EX-10.16 - EX-10.16 - Resolute Forest Products Inc.g26544exv10w16.htm
EXHIBIT 12.1
ABITIBIBOWATER INC.
Computation of Ratio of Earnings to Fixed Charges
(In millions of dollars)
(Unaudited)
                                         
    Predecessor
    Years Ended December 31,
    2010   2009   2008   2007   2006
     
Earnings (loss):
                                       
 
Earnings (loss) before income taxes and cumulative effect of accounting changes (a)
  $    1,169     $    (1,682 )   $    (2,299 )   $    (649 )   $    (111 )
 
                                       
Add: Fixed charges from below
    489       606       727       266       203  
Less: Capitalized interest
          (1 )           (1 )     (4 )
     
 
  $ 1,658     $ (1,077 )   $ (1,572 )   $ (384 )   $ 88  
     
 
                                       
Fixed Charges:
                                       
 
                                       
Interest expense, net of interest capitalized
  $ 469     $ 540     $ 594     $ 248     $ 200  
Capitalized interest
          1             1       4  
Estimate of interest within rental expense
    6       8       10       9       3  
Amortized premium and discounts related to indebtedness
    14       57       123       8       (4 )
     
 
  $ 489     $ 606     $ 727     $ 266     $ 203  
     
 
                                       
Ratio of Earnings to Fixed Charges
    3.4 x     (b )     (b )     (b )     (b )
     
 
(a)   For the year ended December 31, 2008, loss before income taxes and cumulative effect of accounting changes included an extraordinary loss on expropriation of assets of $256 million.
 
(b)   For the years ended December 31, 2009, 2008, 2007 and 2006, earnings were inadequate to cover fixed charges, resulting in a deficiency of $1,683 million, $2,299 million, $650 million and $115 million, respectively.