EX-12.1 2 dex121.htm COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES Computation of Ratio of Earnings to Fixed Charges

Exhibit 12.1

Domtar Corporation

Computation of ratio of earnings to fixed charges

For the thirteen weeks ended March 30, 2008 and April 1, 2007

(In millions of dollars, unless otherwise noted)

 

     March 30,
2008		    April 1,
2007
   $      $  

Available earnings:

      

Earnings before income taxes

      55      60

Add fixed charges:

      

Interest expense (excluding capitalized)

      37      11

Amortization of loan costs

      2      —  

Interest factor in rents

      2      3
             

Total earnings as definded

      96      74
             

Fixed charges:

      

Interest expense incurred

      37      11

Amortization of debt expense

      2      —  

Interest portion of rental expense

      2      3

Preferred dividends of subsidiaries

      —        —  

Capitalized interest

      —        —  

Total fixed charges

      41      14
             

Ratio of earnings to fixed charges

      2.3      5.3