EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

DOMTAR CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

SEPTEMBER 28, 2008

(IN MILLIONS OF DOLLARS, UNLESS OTHERWISE NOTED)

(UNAUDITED)

 

     Thirteen weeks ended    Thirty-nine weeks ended
     September 28,
2008
   September 30,
2007
   September 28,
2008
   September 30,
2007
     $    $    $    $

Available Earnings:

           

Earnings before income taxes

   73    75    171    157

Add fixed charges:

           

Interest expense (excluding capitalized)

   33    44    105    100

Amortization of loan costs

   2    3    6    5

Interest factor in rents

   3    3    7    9
                   

Total earnings as defined

   111    125    289    271
                   

Fixed charges:

           

Interest expense incurred

   33    44    105    100

Amortization of debt expense

   2    3    6    5

Interest portion of rental expense

   3    3    7    9
                   

Total fixed charges

   38    50    118    114
                   

Ratio of earnings to fixed charges

   2.9    2.5    2.4    2.4