CARDINAL PACKAGING INC - FORM 10-K - EX-12.1 - RATIO OF EARNINGS TO FIXED CHARGES - November 24, 2009

Attached files

file filename
10-K - BERRY PLASTICS CORP. 10K 09.26.09 - CARDINAL PACKAGING INCbpc10k092609.htm
EX-31.2 - CERT OF CFO - CARDINAL PACKAGING INCex312.htm
EX-32.2 - SECTION 1350 CERT OF CFO - CARDINAL PACKAGING INCex322.htm
EX-31.1 - CERT OF CEO - CARDINAL PACKAGING INCex311.htm
EX-32.1 - SECTION 1350 CERT OF CEO - CARDINAL PACKAGING INCex321.htm
EX-21.1 - SUBSIDIARIES OF THE REGISTRANT - CARDINAL PACKAGING INCex211.htm
EXHIBIT 12.1
 
 
COMPUTATION OF RATIO EARNINGS TO FIXED CHARGES
 



Earnings to Fixed Charges
            
             
   
10/1/05-
2/17/06-
      
 
2005
2/16/06
09/30/06
2007
2008
2009
Earnings:
            
Income (loss) before taxes
47.8
19.3
-51.1
-207.5
-150.3
-28.3
Interest
16.7
7.6
46.5
237.6
261.7
244.5
Interest portion of rental expense
3.4
0.9
2.2
14.7
19.4
18.8
 
67.9
27.8
-2.4
44.8
130.8
235.0
             
Fixed Charges:
            
Interest
16.7
7.6
46.5
237.6
261.7
244.5
Interest capitalized
0.0
0.0
-0.6
-1.5
-2.3
-2.4
Interest portion of rental expense
3.4
0.9
2.2
14.7
19.4
18.8
 
20.1
8.5
48.1
250.8
278.8
260.9
             
Ratio
3.4
3.3
0.0
0.2
0.5
0.9
             
Shortfall (overage)
-47.8
-19.3
50.5
206.0
148.0
25.9