EX-12.1 4 a2126598zex-12_1.htm EXHIBIT 12.1

Exhibit 12.1

Von Hoffmann Corporation
Ratios: Calculation of Earnings to Fixed Charges

STATEMENT RE: COMPUTATION OF RATIOS

 
  Year Ended December 31, 1998
  Year Ended December 31, 1999
  Year Ended December 31, 2000
  Year Ended December 31, 2001
  Year Ended December 31, 2002
  Nine Months Ended September 30, 2002
  Nine Months Ended September 30, 2003
Income (loss) before income taxes and extraordinary item   $ (18,793,398 ) $ (7,239,642 ) $ (8,812,520 ) $ (11,512,193 ) $ (6,289,689 ) $ (2,564,038 ) $ 6,969,265
Interest expense     29,166,401     36,804,979     42,151,480     38,126,625     39,086,584     28,946,928     30,516,929
   
 
 
 
 
 
 
Adjusted earnings (loss)   $ 10,373,003   $ 29,565,337   $ 33,338,960   $ 26,614,432   $ 32,796,895   $ 26,382,890   $ 37,486,194
   
 
 
 
 
 
 
Interest expense   $ 29,166,401   $ 36,804,979   $ 42,151,480   $ 38,126,625   $ 39,086,584   $ 28,946,928   $ 30,516,929
   
 
 
 
 
 
 
Adjusted fixed charges   $ 29,166,401   $ 36,804,979   $ 42,151,480   $ 38,126,625   $ 39,086,584   $ 28,946,928   $ 30,516,929
   
 
 
 
 
 
 
Ratio of earnings to fixed charges     0.36     0.80     0.79     0.70     0.84     0.91     1.23
   
 
 
 
 
 
 
Deficiency in earnings   $ 18,793,398   $ 7,239,642   $ 8,812,520   $ 11,512,193   $ 6,289,684   $ 2,564,038   $