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Pregis Holding II Corp – ‘10-K’ for 12/31/10 – ‘EX-12.1’

On:  Friday, 3/25/11, at 3:11pm ET   ·   For:  12/31/10   ·   Accession #:  950123-11-29173   ·   File #:  333-130353-04

Previous ‘10-K’:  ‘10-K/A’ on 3/26/10 for 12/31/09   ·   Latest ‘10-K’:  This Filing

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 3/25/11  Pregis Holding II Corp            10-K       12/31/10   10:2.4M                                   Donnelley … Solutions/FA

Annual Report   —   Form 10-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   1.05M 
 2: EX-10.22    Material Contract                                   HTML     14K 
 3: EX-10.23    Material Contract                                   HTML    861K 
 4: EX-10.24    Material Contract                                   HTML    180K 
 6: EX-21.1     Subsidiaries                                        HTML      6K 
 5: EX-12.1     Statement re: Computation of Ratios                 HTML     17K 
 7: EX-31.1     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     11K 
 8: EX-31.2     Certification -- Sarbanes-Oxley Act - Sect. 302     HTML     11K 
 9: EX-32.1     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K 
10: EX-32.2     Certification -- Sarbanes-Oxley Act - Sect. 906     HTML      8K 


EX-12.1   —   Statement re: Computation of Ratios


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  exv12w1  

Exhibit 12.1
Pregis Holding II Corporation
Ratio of Earnings to Fixed Charges
(in thousands)
 C:  C:  C:  C: 
                                         
    Successor  
    Year ended December 31,  
    2010     2009     2008     2007     2006  
Earnings:
                                       
Pretax income (loss) from continuing operations
  $ (45,997 )   $ (21,009 )   $ (49,595 )   $ 2,929     $ (3,558 )
Fixed charges
    54,615       48,638       55,593       53,325       48,515  
Less: Capitalized interest
                (5 )     (237 )     (145 )
 
                             
 
                                       
Earnings
  $ 8,618     $ 27,629     $ 5,993     $ 56,017     $ 44,812  
 
                             
 
                                       
Fixed charges:
                                       
Interest expense
  $ 48,110     $ 42,604     $ 49,069     $ 46,730     $ 42,535  
Capitalized interest
                5       237       145  
Interest component of rental expense
    6,505       6,034       6,519       6,358       5,835  
 
                             
 
                                       
Total fixed charges
  $ 54,615     $ 48,638     $ 55,593     $ 53,325     $ 48,515  
 
                             
 
                                       
Ratio of earnings to fixed charges
    0.18       0.57       0.11 *     1.05       0.92 *
 
                             
 
*   Earnings were insufficient to cover fixed charges by $45,997, $21,009, $49,600, $3,558 for the years ended December 31, 2010, 2009, 2008, and 2006, respectively.

 


Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘10-K’ Filing    Date    Other Filings
Filed on:3/25/11
For Period End:12/31/10
12/31/0910-K,  10-K/A
12/31/0810-K
12/31/06
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Filing Submission 0000950123-11-029173   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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