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

Computation of ratio of earnings to fixed charges

(In millions of dollars, unless otherwise noted)

 

     Three months ended    Nine months ended
     September 30,
2009
   September 28,
2008
   September 30,
2009
   September 28,
2008
     $    $    $    $

Available earnings:

           

Earnings before income taxes

   261    73    324    171

Add fixed charges:

           

Interest expense (excluding capitalized)

   32    33    83    105

Amortization of loan costs

   2    2    5    6

Interest factor in rents

   3    3    8    7
                   

Total earnings as definded

   298    111    420    289
                   

Fixed charges:

           

Interest expense incurred

   32    33    83    105

Amortization of debt expense

   2    2    5    6

Interest portion of rental expense

   3    3    8    7
                   

Total fixed charges

   37    38    96    118
                   

Ratio of earnings to fixed charges

   8.1    2.9    4.4    2.4
                   

 

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