Exhibit 12.1
Von Hoffmann Corporation
Ratios: Calculation of Earnings to Fixed Charges
STATEMENT RE: COMPUTATION OF RATIOS
| Year Ended December 31, 1998 | Year Ended December 31, 1999 | Year Ended December 31, 2000 | Year Ended December 31, 2001 | Year Ended December 31, 2002 | Nine Months Ended September 30, 2002 | Nine Months Ended September 30, 2003 | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Income (loss) before income taxes and extraordinary item | $ | (18,793,398 | ) | $ | (7,239,642 | ) | $ | (8,812,520 | ) | $ | (11,512,193 | ) | $ | (6,289,689 | ) | $ | (2,564,038 | ) | $ | 6,969,265 | |
Interest expense | 29,166,401 | 36,804,979 | 42,151,480 | 38,126,625 | 39,086,584 | 28,946,928 | 30,516,929 | ||||||||||||||
Adjusted earnings (loss) | $ | 10,373,003 | $ | 29,565,337 | $ | 33,338,960 | $ | 26,614,432 | $ | 32,796,895 | $ | 26,382,890 | $ | 37,486,194 | |||||||
Interest expense | $ | 29,166,401 | $ | 36,804,979 | $ | 42,151,480 | $ | 38,126,625 | $ | 39,086,584 | $ | 28,946,928 | $ | 30,516,929 | |||||||
Adjusted fixed charges | $ | 29,166,401 | $ | 36,804,979 | $ | 42,151,480 | $ | 38,126,625 | $ | 39,086,584 | $ | 28,946,928 | $ | 30,516,929 | |||||||
Ratio of earnings to fixed charges | 0.36 | 0.80 | 0.79 | 0.70 | 0.84 | 0.91 | 1.23 | ||||||||||||||
Deficiency in earnings | $ | 18,793,398 | $ | 7,239,642 | $ | 8,812,520 | $ | 11,512,193 | $ | 6,289,684 | $ | 2,564,038 | $ | — | |||||||