Attached files
| file | filename |
|---|---|
| 10-K - FORM 10-K - Pregis Holding II CORP | c63660e10vk.htm |
| EX-32.1 - EX-32.1 - Pregis Holding II CORP | c63660exv32w1.htm |
| EX-31.2 - EX-31.2 - Pregis Holding II CORP | c63660exv31w2.htm |
| EX-32.2 - EX-32.2 - Pregis Holding II CORP | c63660exv32w2.htm |
| EX-31.1 - EX-31.1 - Pregis Holding II CORP | c63660exv31w1.htm |
| EX-21.1 - EX-21.1 - Pregis Holding II CORP | c63660exv21w1.htm |
| EX-10.23 - EX-10.23 - Pregis Holding II CORP | c63660exv10w23.htm |
| EX-10.22 - EX-10.22 - Pregis Holding II CORP | c63660exv10w22.htm |
| EX-10.24 - EX-10.24 - Pregis Holding II CORP | c63660exv10w24.htm |
Exhibit 12.1
Pregis Holding II Corporation
Ratio of Earnings to Fixed Charges
(in thousands)
Ratio of Earnings to Fixed Charges
(in thousands)
| Successor | ||||||||||||||||||||
| Year ended December 31, | ||||||||||||||||||||
| 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
Earnings: |
||||||||||||||||||||
Pretax
income (loss) from continuing operations |
$ | (45,997 | ) | $ | (21,009 | ) | $ | (49,595 | ) | $ | 2,929 | $ | (3,558 | ) | ||||||
Fixed charges |
54,615 | 48,638 | 55,593 | 53,325 | 48,515 | |||||||||||||||
Less: Capitalized interest |
— | — | (5 | ) | (237 | ) | (145 | ) | ||||||||||||
Earnings |
$ | 8,618 | $ | 27,629 | $ | 5,993 | $ | 56,017 | $ | 44,812 | ||||||||||
Fixed charges: |
||||||||||||||||||||
Interest expense |
$ | 48,110 | $ | 42,604 | $ | 49,069 | $ | 46,730 | $ | 42,535 | ||||||||||
Capitalized interest |
— | — | 5 | 237 | 145 | |||||||||||||||
Interest component of rental expense |
6,505 | 6,034 | 6,519 | 6,358 | 5,835 | |||||||||||||||
Total fixed charges |
$ | 54,615 | $ | 48,638 | $ | 55,593 | $ | 53,325 | $ | 48,515 | ||||||||||
Ratio of earnings to fixed charges |
0.18 | 0.57 | 0.11 | * | 1.05 | 0.92 | * | |||||||||||||
| * | Earnings were insufficient to cover fixed charges by $45,997, $21,009, $49,600, $3,558 for the years ended December 31, 2010, 2009, 2008, and 2006, respectively. |