EX-12 6 k10ex12.htm Exhibit 12

 

Exhibit 12

 

DIMON Incorporated and Subsidiaries

 

RATIO OF EARNINGS TO FIXED CHARGES

 

 
 

Nine Months

  
 

Ended    

  
 

March 31, 

Years Ended June 30

(in thousands)

2004     

2003   

2002   

2001    

2000    

 

          

Pretax income from continuing operations

$(35,832)

$35,042 

$38,023 

$34,540 

$23,352 

 

          

Distributed income of equity investees

88 

691 

930 

223 

4,041 

 

          

Fixed charges

35,629 

51,813 

51,812 

57,112 

62,847 

 

          

Earnings

$(115)

$87,546 

$90,765 

$91,875 

$90,240  

 

          

Interest

34,352 

49,608 

50,128 

55,908 

60,069 

 

          

Amortization of charges and other

1,277 

2,205 

1,684 

1,204 

2,778 

 

          

Fixed Charges

$35,629 

$51,813 

$51,812 

$57,112 

$62,847 

 

          

Ratio of Earnings to Fixed Charges

N/A 

1.69 

1.75 

1.61 

1.44 

 

          

Fixed Charges in Excess of Earnings

$35,744 

N/A 

N/A 

 N/A 

N/A 

 

 

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