Officemax 10-K 2006 FY Annual report

Exhibit 12.1

OFFICEMAX INCORPORATED AND SUBSIDIARIES
Ratio of Earnings to Fixed Charges

	Fiscal Year Ended
	December 30, 2006				December 31, 2005				December 31, 2004				December 31, 2003				December 31, 2002
	(thousands, except ratios)
Interest costs		$	123,082			$	141,455			$	155,689			$	134,930			$	133,762
Guarantee of interest on ESOP debt		—				—				905				3,976				6,405
Interest capitalized during the period		—				—				28				391				3,937
Interest factor related to noncapitalized leases(a)		113,257				120,989				130,229				15,974				11,128
Total fixed charges		$	236,339			$	262,444			$	286,851			$	155,271			$	155,232
Income (loss) from continuing operations before income taxes, minority interest, and cumulative effect of accounting changes		$	171,878			$	(37,616	)		$	379,442			$	49,240			$	1,352
Undistributed (earnings) losses of less than 50% owned entities, net of distributions received		(5,873		)		(5,104		)		(6,211		)		(8,695		)		2,435
Total fixed charges		236,339				262,444				286,851				155,271				155,232
Less: Interest capitalized		—				—				(28		)		(391		)		(3,937		)
Guarantee of interest on ESOP debt		—				—				(905		)		(3,976		)		(6,405		)
Total earnings before fixed charges		$	402,344			$	219,724			$	659,149			$	191,449			$	148,677
Ratio of earnings to fixed charges		1.70				—				2.30				1.23				—
Excess of fixed charges over earnings before fixed charges		$	—			$	42,720			$	—			$	—			$	6,555

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

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