Reddy Ice S-4 Registration of securities issued in business combination transactions

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Exhibit 12.1

Reddy Ice Holdings, Inc.
Computation of Earnings to Fixed Charges and Ratio of Earnings to Fixed Charges

																						Pro Forma Three Months Ended March 31, 2010
	Year Ended December 31,												Three Months Ended March 31, 2010			Three Months Ended March 31, 2009			Pro Forma Year Ended December 31, 2009
	2009		2008			2007			2006		2005
	(in thousands)
Earnings
Pre-tax income (loss) from continuing operations	$	7,892	$	(141,833	)	$	16,751		$	26,201	$	15,314	$	(33,828	)	$	(22,633	)	$	(16,878	)	$	(39,462	)
Fixed charges		31,686		36,678			36,337			33,815		38,249		8,831			8,511			56,456			14,465
Capitalized interest and related amortization		34		34			(327	)		—		—		—			—			—			—
Total earnings	$	39,612	$	(105,121	)	$	52,761		$	60,016	$	53,563	$	(24,997	)	$	(14,122	)	$	39,578		$	(24,997	)
Fixed Charges
Interest expense, amortized premiums, discounts and capitalized expenses related to indebtedness	$	26,802	$	31,893		$	31,307		$	29,624	$	34,421	$	7,259		$	7,221		$	51,572		$	12,893
Capitalized interest		—		—			344			—		—		—			—			—			—
Estimated interest in rental expense		4,884		4,785			4,686			4,191		3,828		1,572			1,290			4,884			1,572
Total fixed charges	$	31,686	$	36,678		$	36,337		$	33,815	$	38,249	$	8,831		$	8,511		$	56,456		$	14,465
Ratio of earnings to fixed charges(1)		1.25		N/A			1.45			1.77		1.40		N/A			N/A			N/A			N/A

(1)

During certain of the periods presented above, earnings were not sufficient to cover fixed charges. For the year ended December 31, 2008, the deficiency was $141,799. For the three months ended March 31, 2010 and 2009, the deficiency was $33,828 and $22,633, respectively. For the year ended December 31, 2009 and the three months ended March 31, 2010, the deficiency on a pro forma basis was $16,878 and $39,462, respectively.

Reddy Ice Corporation
Computation of Earnings to Fixed Charges and Ratio of Earnings to Fixed Charges

																							Pro Forma Three Months Ended March 31, 2010
	Year Ended December 31,													Three Months Ended March 31, 2010			Three Months Ended March 31, 2009			Pro Forma Year Ended December 31, 2009
	2009		2008			2007			2006		2005
	(in thousands)
Earnings
Pre-tax income (loss) from continuing operations	$	23,489	$	(127,352	)	$	32,965		$	37,333	$	(4,858	)	$	(29,550	)	$	(15,645	)	$	(16,519	)	$	(38,227	)
Fixed charges		15,159		21,059			22,168			20,952		26,888			5,465			4,379			55,167			14,142
Capitalized interest and related amortization		34		34			(327	)		—		—			—			—			—			—
Total earnings	$	38,682	$	(106,259	)	$	54,806		$	58,285	$	22,030		$	(24,085	)	$	(11,266	)	$	38,648		$	(24,085	)
Fixed Charges
Interest expense, amortized premiums, discounts and capitalized expenses related to indebtedness	$	10,275	$	16,274		$	17,138		$	16,761	$	23,060		$	3,893		$	3,089		$	50,283		$	12,570
Capitalized interest		—		—			344			—		—			—			—			—			—
Estimated interest in rental expense		4,884		4,785			4,686			4,191		3,828			1,572			1,290			4,884			1,572
Total fixed charges	$	15,159	$	21,059		$	22,168		$	20,952	$	26,888		$	5,465		$	4,379		$	55,167		$	14,142
Ratio of earnings to fixed charges(1)		2.55		N/A			2.47			2.78		0.82			N/A			N/A			N/A			N/A

(1)

During certain of the periods presented above, earnings were not sufficient to cover fixed charges. For the year ended December 31, 2008 the deficiency was $127,318. For the three months ended March 31, 2010 and 2009, the deficiency was $29,550 and $15,645, respectively. For the year ended December 31, 2009 and the three months ended March 31, 2010, the deficiency on a pro forma basis was $16,519 and $38,227, respectively.

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Exhibit 12.1

Reddy Ice Holdings, Inc. Computation of Earnings to Fixed Charges and Ratio of Earnings to Fixed Charges
Reddy Ice Corporation Computation of Earnings to Fixed Charges and Ratio of Earnings to Fixed Charges