Domtar CORP - FORM 10-K - EX-12.1 - COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES - February 26, 2010

Attached files

file filename
10-K - FORM 10-K - Domtar CORPd10k.htm
EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - Domtar CORPdex23.htm
EX-31.1 - CERTIFICATION OF THE CEO PURSUANT TO SECTION 302 OF SARBANES-OXLEY ACT OF 2002 - Domtar CORPdex311.htm
EX-21.1 - SUBSIDIARIES OF DOMTAR CORPORATION - Domtar CORPdex211.htm
EX-32.1 - CERTIFICATION OF THE CEO PURSUANT TO SECTION 906 OF SARBANES-OXLEY ACT OF 2002 - Domtar CORPdex321.htm
EX-31.2 - CERTIFICATION OF THE CFO PURSUANT TO SECTION 302 OF SARBANES-OXLEY ACT OF 2002 - Domtar CORPdex312.htm
EX-10.44 - FIRST AMENDMENT, DATED AUGUST 13, 2008, TO CREDIT AGREEMENT AMONG THE COMPANY - Domtar CORPdex1044.htm
EX-10.51 - SEPARATION AGREEMENT OF MR. GILLES PHARAND - Domtar CORPdex1051.htm
EX-10.52 - SEPARATION AGREEMENT OF MR. MICHEL DAGENAIS - Domtar CORPdex1052.htm
EX-10.49 - CONSULTING AGREEMENT OF MR. MARVIN COOPER - Domtar CORPdex1049.htm
EX-10.39 - CREDIT AGREEMENT AMONG THE COMPANY, DOMTAR, JPMORGAN CHASE BANK, N.A - Domtar CORPdex1039.htm
EX-10.50 - SEPARATION AGREEMENT OF MR. STEVEN A. BARKER - Domtar CORPdex1050.htm
EX-32.2 - CERTIFICATION OF THE CFO PURSUANT TO SECTION 906 OF SARBANES-OXLEY ACT OF 2002 - Domtar CORPdex322.htm

Exhibit 12.1

Domtar Corporation

Computation of ratio of earnings to fixed charges

(In millions of dollars, unless otherwise noted)

     Year ended
December 25,
2005		     Year ended
December 31,
2006		     Year ended
December 30,
2007		    Year ended
December 31,
2008		     Year ended
December 31,
2009
     $     $     $    $     $

Available earnings:

            

Earnings (loss) before income taxes

    (578 )    (556 )    99    (570 )    490

Add fixed charges:

            

Interest expense (excluding capitalized)

    —        —        166    128      115

Amortization of loan costs

    —        —        5    5      10

Interest factor in rents

    7      5      10    13      12
                           

Total earnings (loss) as defined

    (571 )    (551 )    280    (424 )    627
                           

Fixed charges:

            

Interest expense incurred

    —        —        166    128      115

Amortization of debt expense

    —        —        5    5      10

Interest portion of rental expense

    7      5      10    13      12
                           

Total fixed charges

    7      5      181    146      137

Ratio of earnings to fixed charges

        1.5      4.6

Deficiency in the coverage of earnings to fixed charges

    578      556         570     
                           

Domtar CORP Reports