EX-12 3 ex12.htm 10-K Ex12




 

Exhibit 12

 

Alliance One International, Inc. and Subsidiaries

 

RATIO OF EARNINGS TO FIXED CHARGES

 

 
   

Nine Months

  
 

Years Ended March 31,

Ended

Years Ended June 30,

(in thousands)

2006

2005

March 31, 2004

2003

2002

 

          

Pretax income from continuing operations

$(442,088)   

$37,380     

$(17,400)

$37,926 

$36,726 

 

          

Distributed income of equity investees

-    

-     

88 

691 

930 

 

          

Fixed charges

112,796    

57,500     

35,514 

51,623 

51,604 

 

          

Earnings

$(329,292)   

$94,880     

$18,202 

$90,240 

$89,260 

 

          

Interest

107,258    

55,053     

34,237 

49,418 

49,920 

 

          

Amortization of charges and other

5,538    

2,447     

1,277 

2,205 

1,684 

 

          

Fixed Charges

$112,796    

$57,500     

$35,514 

$51,623 

$51,604 

 

          

Ratio of Earnings to Fixed Charges

N/A    

1.65     

N/A 

1.75 

1.73 

 

          

Coverage Deficiency

$442,088    

N/A     

$17,312 

N/A 

N/A 

 
 

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