COMBINED PRO FORMA
RATIO OF EARNINGS TO FIXED CHARGES Exhibit 12

$ - Millions	Fiscal Year		Six Months
	Ended		Ended
	Dec-04		Jun-05
Earnings Available:
Income (Loss) from continuing ops,		76.7		25.0
before prov for taxes on
income, min int and
extraordinary item
Less: Income (loss) of equity investees		1.0		0.9
included above
Less: Capitalized interest on B/S		0.1		0.1
Plus: Distributed Earnings of Equity Investees		1.4		—
		77.0		24.0
Fixed Charges:
Interest expense		65.0		32.6
including capitalized interest on B/S		0.1		0.1
& amort of debt discount and exps
Portion of rentals representative of
an interest factor		12.9		6.0
Total Fixed Charges (a)		78.0		38.7
Total Earnings Available (b)		155.0		62.7
RATIO OF EARNINGS TO FIXED CHARGES (b)/(a)		2.0		1.6

ACCO BRANDS CORPORATION
RATIO OF EARNINGS TO FIXED CHARGES

$ - Millions														Six Months
	Fiscal Years Ended December 27,													Ended
	2000			2001			2002		2003			2004		Jun-04		Jun-05
Earnings Available:
Income (Loss) from continuing ops,		(518.6	)		(99.7	)		5.5		39.9			89.6		8.4		42.0
before prov for taxes on
income, min int and
extraordinary item
Less: Income (loss) of equity investees		0.2			—			—		(0.7	)		0.6		0.2		(0.1	)
included above
Capitalized interest		—			—			—		—			—		—		—
		(518.8	)		(99.7	)		5.5		40.6			89.0		8.2		42.1
Fixed Charges:
Interest expense		36.4			21.4			12.3		8.0			8.5		3.9		4.1
including capitalized interest)		—			—			—		—			—		—		—
& amort of debt discount and exps		—			—			—		—			—		—		—
Portion of rentals representative of
an interest factor		8.2			8.0			8.6		7.5			8.0		3.6		3.5
Total Fixed Charges (a)		44.6			29.4			20.9		15.5			16.5		7.5		7.6
Total Earnings Available (b)		(474.2	)		(70.3	)		26.4		56.1			105.5		15.7		49.7
RATIO OF EARNINGS TO FIXED CHARGES (b)/(a) (1)		—			—			1.26		3.6			6.4		2.1		6.5

     (1) Earnings were inadequate to cover fixed charges for the years ended December 27, 2000 and 2001 by $518.8 and $99.7, respectively.