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    Six months ended
     June 30,
2010
   June 30,
2009
   June 30,
2010
   June 30,
2009
     $    $    $    $

Available earnings:

           

Earnings before income taxes

   26    116    110    63

Add fixed charges:

           

Interest expense incurred

   67    21    97    51

Amortization of debt expense and discount

   3    2    5    3

Interest portion of rental expense

   2    2    5    5
                   

Total earnings as defined

   98    141    217    122
                   

Fixed charges:

           

Interest expense incurred

   67    21    97    51

Amortization of debt expense and discount

   3    2    5    3

Interest portion of rental expense

   2    2    5    5
                   

Total fixed charges

   72    25    107    59

Ratio of earnings to fixed charges

   1.4    5.6    2.0    2.1