Attached files
| file | filename |
|---|---|
| EX-31.2 - EX-31.2 - Domtar CORP | d754005dex312.htm |
| EX-10.1 - EX-10.1 - Domtar CORP | d754005dex101.htm |
| EX-32.1 - EX-32.1 - Domtar CORP | d754005dex321.htm |
| EX-31.1 - EX-31.1 - Domtar CORP | d754005dex311.htm |
| EX-32.2 - EX-32.2 - Domtar CORP | d754005dex322.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Domtar CORP | Financial_Report.xls |
| 10-Q - FORM 10-Q - Domtar CORP | d754005d10q.htm |
Exhibit 12.1
Domtar Corporation
Computation of ratio of earnings to fixed charges
(In millions of dollars, unless otherwise noted)
| Three months ended | Six months ended | |||||||||||||||
| June 30, 2014 |
June 30, 2013 |
June 30, 2014 |
June 30, 2013 |
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| $ | $ | $ | $ | |||||||||||||
| Available earnings: |
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| Earnings (loss) before income taxes and equity earnings |
53 | (51 | ) | 107 | (27 | ) | ||||||||||
| Add fixed charges: |
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| Interest expense incurred |
25 | 20 | 49 | 42 | ||||||||||||
| Amortization of debt expense and discount |
1 | 1 | 2 | 2 | ||||||||||||
| Interest portion of rental expense (1) |
3 | 2 | 5 | 5 | ||||||||||||
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| Total earnings (loss) as defined |
82 | (28 | ) | 163 | 22 | |||||||||||
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| Fixed charges: |
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| Interest expense incurred |
25 | 20 | 49 | 42 | ||||||||||||
| Amortization of debt expense and discount |
1 | 1 | 2 | 2 | ||||||||||||
| Interest portion of rental expense (1) |
3 | 2 | 5 | 5 | ||||||||||||
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| Total fixed charges |
29 | 23 | 56 | 49 | ||||||||||||
| Ratio of earnings to fixed charges |
2.8 | 2.9 | 0.4 | |||||||||||||
| Deficiency in the coverage of earnings to fixed charges |
51.0 | |||||||||||||||
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| (1) | Interest portion of rental expense is calculated based on the proportion deemed representation of the interest component (i.e 1/3 of rental expense). |