EX-12 3 aoi-20130331xex12.htm EXHIBIT 12 AOI-2013.03.31-EX12


Exhibit 12

Alliance One International, Inc. and Subsidiaries

RATIO OF EARNINGS TO FIXED CHARGES

 
Years Ended March 31,
(in thousands)
2013
2012
2011
2010
2009
 

 
 
 
 
Pretax income from continuing operations
$
51,067

$
54,158

$
32,849

$
74,192

$
109,332

 

 
 
 
 
Distributed income of equity investees
998

1,480

—

430

—

 

 
 
 
 
Fixed charges
121,770

113,852

107,975

118,602

102,545

 

 
 
 
 
Earnings
173,835

169,490

140,824

193,224

211,877

 

 
 
 
 
Interest
111,064

103,500

98,561

109,410

97,854

 

 
 
 
 
Amortization of charges and other
10,706

10,352

9,414

9,193

4,691

 

 
 
 
 
Fixed Charges
121,770

113,852

107,975

118,603

102,545

 

 
 
 
 
Ratio of Earnings to Fixed Charges
1.43

1.49

1.30

1.63

2.07

 

 
 
 
 
Coverage Deficiency
n/a

n/a

n/a

n/a

n/a