Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - Domtar CORP | Financial_Report.xls |
10-Q - 10-Q - Domtar CORP | d903110d10q.htm |
EX-32.2 - EX-32.2 - Domtar CORP | d903110dex322.htm |
EX-32.1 - EX-32.1 - Domtar CORP | d903110dex321.htm |
EX-31.2 - EX-31.2 - Domtar CORP | d903110dex312.htm |
EX-31.1 - EX-31.1 - Domtar CORP | d903110dex311.htm |
Exhibit 12.1
Domtar Corporation
Computation of ratio of earnings to fixed charges
(In millions of dollars, unless otherwise noted)
Three months ended | ||||||||
March 31, 2015 |
March 31, 2014 |
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$ | $ | |||||||
Available earnings: |
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Earnings before income taxes |
45 | 54 | ||||||
Add fixed charges: |
||||||||
Interest expense incurred |
25 | 24 | ||||||
Amortization of debt expense and discount |
1 | 1 | ||||||
Interest portion of rental expense (1) |
2 | 2 | ||||||
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|
|
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Total earnings as defined |
73 | 81 | ||||||
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|
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Fixed charges: |
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Interest expense incurred |
25 | 24 | ||||||
Amortization of debt expense and discount |
1 | 1 | ||||||
Interest portion of rental expense (1) |
2 | 2 | ||||||
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|
|
|
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Total fixed charges |
28 | 27 | ||||||
Ratio of earnings to fixed charges |
2.6 | 3.0 | ||||||
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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). |