EX-12.2.(C) 5 v80712a2exv12w2wxcy.txt EXHIBIT 12.2.(C) Exhibit 12.2(c) WEYERHAEUSER COMPANY AND SUBSIDIARIES COMPUTATION OF PRO FORMA RATIO OF EARNINGS TO FIXED CHARGES (Dollar Amounts in Thousands)
Thirteen Weeks Ended March 31, 2002 -------------------- Available pro forma earnings: Pro forma earnings before pro forma interest expense, amortization of debt expense, income taxes and extraordinary item .................................................. $231,435 Add interest portion of pro forma rental expense .................... 12,949 -------- Available pro forma earnings $244,384 ======== Pro forma fixed charges: Pro forma interest expense incurred: Weyerhaeuser Company and subsidiaries excluding Weyerhaeuser Real Estate Company, Weyerhaeuser Financial Services, Inc. and Gryphon Investments of Nevada, Inc. and their subsidiaries ............................................. $204,972 Weyerhaeuser Real Estate Company and consolidated subsidiaries .......................................... 13,157 Weyerhaeuser Financial Services, Inc. and consolidated subsidiaries ...................................... 575 Gryphon Investments of Nevada, Inc. ................................. 0 -------- Subtotal ....................................................... 218,704 Less intercompany interest ......................................... 507 -------- Total pro forma interest expense incurred .......................... 218,197 -------- Pro forma amortization of debt expense ............................. 12,000 -------- Pro forma rental expense: Weyerhaeuser Company and consolidated subsidiaries ....................................................... 36,332 Weyerhaeuser Real Estate Company and consolidated subsidiaries .......................................... 2,514 Weyerhaueser Financial Services, Inc. and consolidated subsidiaries ...................................... 0 Gryphon Investments of Nevada, Inc. ................................. 0 -------- 38,846 -------- Interest portion of pro forma rental expense ........................ 12,949 -------- Pro forma fixed charges ............................................ $243,146 ======== Pro forma ratio of earnings to fixed charges ............................. 1.01x ========
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