EX-12 8 ex12.htm 12.0 10K Exhibit 12








Exhibit 12

 

 

 

 

Alliance One International, Inc. and Subsidiaries

 

RATIO OF EARNINGS TO FIXED CHARGES

 

 

 

 

 

Years Ended March 31,

(in thousands)

2011

2010

2009

2008

2007

 

 

 

 

 

 

Pretax income from continuing operations

$  32,849   

$  74,192   

$ 109,332   

$    2,046   

$ 13,086   

 

 

 

 

 

 

Distributed income of equity investees

-   

430   

-   

311   

109   

 

 

 

 

 

 

Fixed charges

107,975   

118,603   

102,545   

106,457   

109,834   

 

 

 

 

 

 

Earnings

$140,824   

$193,225   

$211,877   

$108,814   

$123,029   

 

 

 

 

 

 

Interest

98,561   

109,410   

97,854   

102,866   

103,436   

 

 

 

 

 

 

Amortization of charges and other

 9,414   

 9,193   

 4,691   

 3,591   

6,398   

 

 

 

 

 

 

Fixed Charges

$107,975   

$118,603   

$102,545   

$106,457   

$109,834   

 

 

 

 

 

 

Ratio of Earnings to Fixed Charges

1.30   

1.63   

2.07   

1.02   

1.12   

 

 

 

 

 

 

Coverage Deficiency

N/A   

N/A   

N/A   

N/A   

N/A