Attached files
| file | filename |
|---|---|
| EX-32.3 - EXHIBIT 32.3 - Verso Paper Holdings LLC | a50366361ex32-3.htm |
| EX-32.1 - EXHIBIT 32.1 - Verso Paper Holdings LLC | a50366361ex32-1.htm |
| EX-31.4 - EXHIBIT 31.4 - Verso Paper Holdings LLC | a50366361ex31-4.htm |
| EX-32.2 - EXHIBIT 32.2 - Verso Paper Holdings LLC | a50366361ex32-2.htm |
| EX-31.3 - EXHIBIT 31.3 - Verso Paper Holdings LLC | a50366361ex31-3.htm |
| EX-32.4 - EXHIBIT 32.4 - Verso Paper Holdings LLC | a50366361ex32-4.htm |
| EX-31.1 - EXHIBIT 31.1 - Verso Paper Holdings LLC | a50366361ex31-1.htm |
| EX-31.2 - EXHIBIT 31.2 - Verso Paper Holdings LLC | a50366361ex31-2.htm |
| 10-Q - VERSO PAPER CORP. 10-Q - Verso Paper Holdings LLC | a50366361.htm |
Exhibit 12
|
VERSO PAPER HOLDINGS LLC
|
||||||||||||||||
|
RATIO OF EARNINGS TO FIXED CHARGES
|
||||||||||||||||
|
(Unaudited)
|
||||||||||||||||
|
Three Months Ended
|
Six Months Ended
|
|||||||||||||||
|
June 30,
|
June 30,
|
|||||||||||||||
|
(Dollars in thousands)
|
2012
|
2011
|
2012
|
2011
|
||||||||||||
|
Earnings (Loss):
|
||||||||||||||||
|
Net loss
|
$ | (19,058 | ) | $ | (22,836 | ) | $ | (91,425 | ) | $ | (65,810 | ) | ||||
|
Amortization of capitalized interest
|
91 | 52 | 181 | 102 | ||||||||||||
|
Capitalized interest
|
(1,102 | ) | (665 | ) | (1,780 | ) | (1,392 | ) | ||||||||
|
Fixed charges (below)
|
33,878 | 31,814 | 66,103 | 64,526 | ||||||||||||
|
Earnings (loss) adjusted for fixed charges
|
$ | 13,809 | $ | 8,365 | $ | (26,921 | ) | $ | (2,574 | ) | ||||||
|
Fixed charges:
|
||||||||||||||||
|
Interest expense
|
$ | 31,993 | $ | 30,471 | $ | 62,910 | $ | 61,815 | ||||||||
|
Capitalized interest
|
1,102 | 665 | 1,780 | 1,392 | ||||||||||||
|
Portion of rent expense representative of interest
|
783 | 678 | 1,413 | 1,319 | ||||||||||||
|
Total fixed charges
|
$ | 33,878 | $ | 31,814 | $ | 66,103 | $ | 64,526 | ||||||||
|
Coverage deficiency
|
$ | 20,069 | $ | 23,449 | $ | 93,024 | $ | 67,100 | ||||||||