Attached files
file | filename |
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EX-10.1 - EX-10.1 - Domtar CORP | d779226dex101.htm |
EX-32.1 - EX-32.1 - Domtar CORP | d779226dex321.htm |
EX-31.2 - EX-31.2 - Domtar CORP | d779226dex312.htm |
EX-31.1 - EX-31.1 - Domtar CORP | d779226dex311.htm |
EX-32.2 - EX-32.2 - Domtar CORP | d779226dex322.htm |
EXCEL - IDEA: XBRL DOCUMENT - Domtar CORP | Financial_Report.xls |
10-Q - FORM 10-Q - Domtar CORP | d779226d10q.htm |
Exhibit 12.1
Domtar Corporation
Computation of ratio of earnings to fixed charges
(In millions of dollars, unless otherwise noted)
Three months ended | Nine months ended | |||||||||||||||
September 30, 2014 |
September 30, 2013 |
September 30, 2014 |
September 30, 2013 |
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$ | $ | $ | $ | |||||||||||||
Available earnings: |
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Earnings before income taxes and equity earnings |
95 | 28 | 202 | 1 | ||||||||||||
Add fixed charges: |
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Interest expense incurred |
24 | 19 | 73 | 61 | ||||||||||||
Amortization of debt expense and discount |
1 | 1 | 3 | 3 | ||||||||||||
Interest portion of rental expense (1) |
2 | 3 | 7 | 8 | ||||||||||||
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Total earnings as defined |
122 | 51 | 285 | 73 | ||||||||||||
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Fixed charges: |
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Interest expense incurred |
24 | 19 | 73 | 61 | ||||||||||||
Amortization of debt expense and discount |
1 | 1 | 3 | 3 | ||||||||||||
Interest portion of rental expense (1) |
2 | 3 | 7 | 8 | ||||||||||||
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Total fixed charges |
27 | 23 | 83 | 72 | ||||||||||||
Ratio of earnings to fixed charges |
4.5 | 2.2 | 3.4 | 1.0 | ||||||||||||
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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). |