Officemax 10-Q 2004 Q3 Quarterly report

Exhibit 12.2

OfficeMax Incorporated and Subsidiaries
Ratio of Earnings to Combined Fixed Charges

and Preferred Dividend Requirements

	Year Ended December 31															Nine Months Ended September 30
	1999			2000			2001			2002			2003			2003			2004
	(thousands)
Interest costs	$	146,124		$	152,322		$	129,917		$	133,762		$	134,930		$	96,524		$	123,826
Interest capitalized during the period	238			1,458			1,945			3,937			391			352			28
Interest factor related to noncapitalized leases (a)	13,065			13,394			11,729			11,128			15,974			8,422			84,900
Total fixed charges	159,427			167,174			143,591			148,827			151,295			105,298			208,754
Preferred stock dividend requirements - pretax	17,129			16,019			15,180			14,548			13,864			13,886			13,341
Combined fixed charges and preferred dividend requirements	$	176,556		$	183,193		$	158,771		$	163,375		$	165,159		$	119,184		$	222,095
Income (loss) before income taxes, minority interest and cumulative effect of accounting changes	$	355,940		$	298,331		$	(48,558	)	$	(12,214	)	$	19,297		$	9,792		$	283,795
Undistributed (earnings) losses of less than 50%- owned entities, net of distributions received	(6,115		)	(2,061		)	8,039			2,435			(8,695		)	(4,351		)	(6,291		)
Total fixed charges	159,427			167,174			143,591			148,827			151,295			105,298			208,754
Less interest capitalized	(238		)	(1,458		)	(1,945		)	(3,937		)	(391		)	(352		)	(28		)
Total earnings before fixed charges	$	509,014		$	461,986		$	101,127		$	135,111		$	161,506		$	110,387		$	486,230
Ratio of earnings to combined fixed charges and preferred dividend requirements	2.88			2.52			—			—			—			—			2.19
Excess of combined fixed charges and preferred dividend requirements over total earnings before fixed charges	$	—		$	—		$	57,644		$	28,264		$	3,653		$	8,797		$	—

(a)   Interest expense for operating leases with terms of one year or longer is based on an imputed interest rate.

1