Boise Cascade Holdings, L.L.C. 10-Q 2006 Q2 Quarterly report

Exhibit 12

Boise Cascade Holdings, L.L.C.
Ratio of Earnings to Fixed Charges

(unaudited)

	Boise								Predecessor
	Six Months Ended June 30				Year Ended December 31,		October 29 (inception) through December 31,		January 1 through October 28,			Year Ended December 31
	2006		2005		2005		2004		2004			2003			2002
	(thousands, except ratios)
Interest costs	$	58,786	$	106,444	$	166,344	$	22,182	$	75,219		$	95,320		$	96,853
Interest factor related to noncapitalized leases (a)	1,976		1,308		2,338		499		2,438			2,445			2,415
Total fixed charges	$	60,762	$	107,752	$	168,682	$	22,681	$	77,657		$	97,765		$	99,268
Income (loss) before income taxes and cumulative effect of accounting changes	$	35,013	$	63,252	$	119,278	$	25,031	$	116,817		$	(79,691	)	$	(106,154	)
Undistributed (earnings) losses of less than 50% owned entities, net of distributions	—		—		—		—		(6,308		)	(8,716		)	1,454
Total fixed charges	60,762		107,752		168,682		22,681		77,657			97,765			99,268
Total earnings (losses) before fixed charges	$	95,775	$	171,004	$	287,960	$	47,712	$	188,166		$	9,358		$	(5,432	)
Ratio of earnings to fixed charges	1.58		1.59		1.71		2.10		2.42			—			—
Excess of fixed charges over earnings before fixed charges	—		—		—		—		—			$	88,407		$	104,700

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