Attached files
Exhibit 12
ROCK-TENN COMPANY
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Amounts in millions, except ratios)
| 2005 | 2006 | 2007 | 2008 | 2009 | ||||||||||||||||
| Fixed Charges: |
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| Interest expense |
$ | 35.7 | $ | 54.2 | $ | 48.7 | $ | 82.9 | $ | 89.8 | ||||||||||
| Amortization of debt issuance costs |
0.9 | 1.4 | 1.1 | 3.8 | 6.9 | |||||||||||||||
| Interest capitalized during period |
0.5 | 0.8 | 0.8 | 0.8 | 0.5 | |||||||||||||||
| Portion of rent expense representative of interest |
6.6 | 6.6 | 6.5 | 7.8 | 8.3 | |||||||||||||||
| FIXED CHARGES |
$ | 43.7 | $ | 63.0 | $ | 57.1 | $ | 95.3 | $ | 105.5 | ||||||||||
| Earnings: |
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| Pretax income from continuing operations and before the cumulative effect of a change in accounting principle |
$ | 19.9 | $ | 38.6 | $ | 127.0 | $ | 126.1 | $ | 313.9 | ||||||||||
| Share of distributed income of unconsolidated entities net of equity pick-up |
1.0 | (1.9 | ) | (1.1 | ) | (0.3 | ) | 1.1 | ||||||||||||
| Fixed charges |
43.7 | 63.0 | 57.1 | 95.3 | 105.5 | |||||||||||||||
| Interest capitalized during period |
(0.5 | ) | (0.8 | ) | (0.8 | ) | (0.8 | ) | (0.5 | ) | ||||||||||
| Amortization of interest capitalized |
0.7 | 0.7 | 0.7 | 0.6 | 0.6 | |||||||||||||||
| Earnings |
$ | 64.8 | $ | 99.6 | $ | 182.9 | $ | 220.9 | $ | 420.6 | ||||||||||
| Ratio of Earnings to Fixed Charges |
1.48 | 1.58 | 3.20 | 2.32 | 3.99 | |||||||||||||||