EX-12 2 ex12.htm
    Tekni-Plex Inc  
    Ratio of Earnings to Fixed Charges  
                                         
    Fiscal     Fiscal     Fiscal   Fiscal     Fiscal     Three Months Ended  
    Year     Year     Year   Year     Year     October 1,     September 30,  
    2001     2002     2003   2004     2005     2004     2005  
   
 
Net income (loss)   (26,383 )   (1,373 )   5,186   (46,066 )   (55,232 )   (9,020 )   (23,220 )
                             
Interest Income   735   593   293   373   321   73   147
                             
Interest expense   76,569   70,934   71,266   84,451   89,899   21,803   26,952
                             
Earning before fixed                            
  charge   50,921   70,154   76,745   38,758   34,988   12,856   3,879
                             
Fixed charge   77,304   71,527   71,559   84,824   90,220   21,876   27,099
                             
Ratio   0.7   1.0   1.1   0.5   0.4   0.6   0.1
               
Amount of fixed charge that              
  exceeds earnings   26,383   1,373   (5,186 )   46,066   55,232   9,020   23,220