EX-12.1 13 g74733ex12-1.txt STATEMENT RE: COMPUTATION OF RATIOS Page 1 EXHIBIT 12.1 HEAFNER TIRE GROUP, INC. Statement Regarding: Computation of Ratio of Earnings to Fixed Charges and Preferred Stock Dividends (Amounts in thousands, except ratio amounts)
Twelve months Twelve months Twelve months Ended Ended Ended December 29, December 30, December 31, 2001 2000 1999 (unaudited) (unaudited) (unaudited) ------------- ------------- ------------- Consolidated pretax income (loss) from continuing operations (23,798) 1,657 1,632 Interest 28,639 26,447 22,000 Interest portion of rent expense 8,500 7,051 5,640 ------- ------ ------ EARNINGS 13,341 35,155 29,272 ======= ====== ====== Interest 28,639 26,447 22,000 Interest portion of rent expense 8,500 7,051 5,640 ------- ------ ------ FIXED CHARGES 37,139 33,498 27,640 ======= ====== ====== RATIO OF EARNINGS TO FIXED CHARGES -- 1.05 1.06 ======= ====== ======