Attached files
| file | filename |
|---|---|
| EX-32.2 - EX-32.2 - Domtar CORP | ufs-ex322_14.htm |
| EX-32.1 - EX-32.1 - Domtar CORP | ufs-ex321_9.htm |
| EX-31.2 - EX-31.2 - Domtar CORP | ufs-ex312_12.htm |
| EX-31.1 - EX-31.1 - Domtar CORP | ufs-ex311_10.htm |
| 10-Q - 10-Q - Domtar CORP | ufs-10q_20180630.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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Six months ended |
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June 30, |
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June 30, |
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June 30, |
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June 30, |
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2018 |
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2017 |
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2018 |
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2017 |
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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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51 |
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47 |
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116 |
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72 |
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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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31 |
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33 |
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Amortization of debt expense and discount |
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1 |
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1 |
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1 |
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1 |
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Interest portion of rental expense (1) |
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2 |
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2 |
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4 |
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4 |
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Total earnings as defined |
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69 |
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66 |
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152 |
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110 |
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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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31 |
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33 |
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Amortization of debt expense and discount |
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1 |
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1 |
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1 |
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1 |
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Interest portion of rental expense (1) |
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2 |
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2 |
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4 |
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4 |
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Total fixed charges |
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18 |
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19 |
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36 |
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38 |
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Ratio of earnings to fixed charges |
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3.8 |
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3.5 |
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4.2 |
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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). |