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EX-32.2 - EXHIBIT 32.2 - UNIVERSAL CORP /VA/uvv-exhibit322x20180630.htm
EX-32.1 - EXHIBIT 32.1 - UNIVERSAL CORP /VA/uvv-exhibit321x20180630.htm
EX-31.2 - EXHIBIT 31.2 - UNIVERSAL CORP /VA/uvv-exhibit312x20180630.htm
EX-31.1 - EXHIBIT 31.1 - UNIVERSAL CORP /VA/uvv-exhibit311x20180630.htm
10-Q - 10-Q - UNIVERSAL CORP /VA/uvv-10qx20180630.htm

Exhibit 12

UNIVERSAL CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES

 
 
Three Months Ended June 30,
(in thousands, except for ratios)
 
2018
 
2017
 
 
 
 
 
Earnings
 
 
 
 
    Pretax income before equity in pretax earnings of unconsolidated affiliates
 
$
5,122

 
$
3,293

    Fixed charges (net of interest capitalized)
 
4,354

 
4,318

    Distribution of earnings from unconsolidated affiliates
 

 

         Total Earnings
 
$
9,476

 
$
7,611

 
 
 
 
 
Fixed Charges
 
 
 
 
    Interest expense
 
$
3,949

 
$
3,932

    Interest capitalized
 

 

    Interest component of rent expense
 
405

 
386

         Total Fixed Charges
 
$
4,354

 
$
4,318

 
 
 
 
 
Ratio of Earnings to Fixed Charges
 
2.18

 
1.76