Attached files
| file | filename |
|---|---|
| 10-Q - VERSO PAPER CORP. 10-Q - Verso Paper Holdings LLC | a6707879.htm |
| EX-32.1 - EXHIBIT 32.1 - Verso Paper Holdings LLC | a6707879ex32_1.htm |
| EX-31.1 - EXHIBIT 31.1 - Verso Paper Holdings LLC | a6707879ex31_1.htm |
| EX-31.2 - EXHIBIT 31.2 - Verso Paper Holdings LLC | a6707879ex31_2.htm |
| EX-32.2 - EXHIBIT 32.2 - Verso Paper Holdings LLC | a6707879ex32_2.htm |
Exhibit 12
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VERSO PAPER HOLDINGS LLC
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RATIO OF EARNINGS TO FIXED CHARGES
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(Unaudited)
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Three Months Ended
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March 31,
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(Dollars in thousands)
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2011
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2010
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Earnings (Loss):
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Income (loss)
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$ | (42,974 | ) | $ | (52,176 | ) | ||
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Amortization of capitalized interest
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50 | 40 | ||||||
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Capitalized interest
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(727 | ) | (37 | ) | ||||
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Fixed charges (below)
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32,712 | 31,561 | ||||||
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Earnings (loss) adjusted for fixed charges
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$ | (10,939 | ) | $ | (20,612 | ) | ||
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Fixed charges:
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Interest expense
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$ | 31,344 | $ | 31,001 | ||||
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Capitalized interest
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727 | 37 | ||||||
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Portion of rent expense representative of interest
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641 | 523 | ||||||
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Total fixed charges
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$ | 32,712 | $ | 31,561 | ||||
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Ratio of earnings to fixed charges
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- | - | ||||||
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Coverage deficiency
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$ | 43,651 | $ | 52,173 | ||||