EX-12 7 ex12.htm 10-K Ex 12




 

Exhibit 12

 

 

 

 

Alliance One International, Inc. and Subsidiaries

 

RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

 

 

Years Ended March 31,

(in thousands)

2009

2008

2007

2006

2005

 

 

 

 

 

 

Pretax income from continuing operations

$ 109,332   

$    2,046   

$ 13,086   

$(442,088)  

$37,380     

 

 

 

 

 

 

Distributed income of equity investees

-   

311   

109   

-   

-     

 

 

 

 

 

 

Fixed charges

102,545   

106,457   

109,834   

112,796   

57,500     

 

 

 

 

 

 

Earnings

$211,877   

$108,814   

$123,029   

$(329,292)  

$94,880     

 

 

 

 

 

 

Interest

97,854   

102,866   

103,436   

107,258   

55,053     

 

 

 

 

 

 

Amortization of charges and other

 4,691   

 3,591   

6,398   

5,538   

2,447     

 

 

 

 

 

 

Fixed Charges

$102,545   

$106,457   

$109,834   

$ 112,796   

$57,500     

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

2.07   

1.02   

1.12   

N/A   

1.65     

 

 

 

 

 

 

Coverage Deficiency

N/A   

N/A   

N/A   

$ 442,088   

N/A