Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - Domtar CORP | ufs-ex322_10.htm |
| EX-32.1 - EX-32.1 - Domtar CORP | ufs-ex321_11.htm |
| EX-31.2 - EX-31.2 - Domtar CORP | ufs-ex312_14.htm |
| EX-31.1 - EX-31.1 - Domtar CORP | ufs-ex311_12.htm |
| 10-Q - 10-Q - Domtar CORP | ufs-10q_20170930.htm |
Exhibit 12.1
Domtar Corporation
Computation of ratio of earnings to fixed charges
(In millions of dollars, unless otherwise noted)
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Three months ended |
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Nine months ended |
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September 30, |
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September 30, |
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September 30, |
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September 30, |
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2017 |
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2016 |
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2017 |
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2016 |
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$ |
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$ |
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$ |
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$ |
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Available earnings: |
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Earnings before income taxes |
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73 |
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75 |
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145 |
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100 |
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Add fixed charges: |
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Interest expense incurred |
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15 |
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16 |
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48 |
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47 |
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Amortization of debt expense and discount |
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1 |
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1 |
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2 |
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2 |
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Interest portion of rental expense (1) |
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2 |
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1 |
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6 |
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5 |
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Total earnings as defined |
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91 |
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93 |
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201 |
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154 |
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Fixed charges: |
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Interest expense incurred |
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15 |
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16 |
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48 |
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47 |
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Amortization of debt expense and discount |
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1 |
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1 |
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2 |
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2 |
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Interest portion of rental expense (1) |
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2 |
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1 |
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6 |
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5 |
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Total fixed charges |
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18 |
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18 |
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56 |
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54 |
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Ratio of earnings to fixed charges |
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5.1 |
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5.2 |
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3.6 |
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2.9 |
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(1) |
Interest portion of rental expense is calculated based on the proportion deemed representation of the interest component (i.e 1/3 of rental expense). |