EX-12.1 40 g12243qtexv12w1.htm EXHIBIT 12.1 Exhibit 12.1
 

Exhibit 12.1
AbitibiBowater Inc
Statement of Computation of Unaudited Ratio of Earnings to Fixed Charges
(in millions, except ratio information)
                         
    Year Ended December 31,  
    2007     2006     2005  
     
(Loss) Earnings:
                        
 
                        
Loss before income taxes, minority interests and cumulative effect of accounting changes
   $ (648 )   $ (111 )   $ (91 )
 
                        
Add: Fixed charges from below
     262       207       208  
Less: Capitalized interest
     (1)       (4)       (1)  
     
 
                        
 
   $ (387 )   $ 92     $ 116  
     
 
                        
Fixed Charges:
                        
 
                        
Interest expense, net of interest capitalized
     249       196       199  
Capitalized interest
     1       4       1  
Estimate of interest within rental expense
     9       3       4  
Amortized premium and discounts related to indebtedness
     3       4       4  
     
 
                        
 
   $ 262     $ 207     $ 208  
     
 
                        
Deficiency of Earnings to Fixed Charges
     649        115       92