HD Supply 10-K 2011 FY Annual report

Exhibit 12.1

HD SUPPLY, INC.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions, except ratio data)

	Successor(1)															Predecessor(1)
	Fiscal year ended												Period from August 30, 2007 to February 3, 2008			Period from January 29, 2007 to August 29, 2007
	January 29, 2012			January 30, 2011			January 31, 2010			February 1, 2009
Income (loss) from continuing operations before provision (benefit) for income taxes	$	(440	)	$	(556	)	$	(657	)	$	(1,436	)	$	(227	)	$	128
Add:
Interest expense		639			623			602			644			289			261
Portion of rental expense under operating leases deemed to be the equivalent of interest		50			51			54			57			23			34
Adjusted earnings	$	249		$	118		$	(1	)	$	(735	)	$	85		$	423
Fixed charges:
Interest expense	$	639		$	623		$	602		$	644		$	289		$	261
Portion of rental expense under operating leases deemed to be the equivalent of interest		50			51			54			57			23			34
Total fixed charges	$	689		$	674		$	656		$	701		$	312		$	295
Ratio of earnings to fixed charges(2) (3)																	1.4x

(1) The Successor period from August 30, 2007 to February 3, 2008 includes 22 weeks and 4 days. The Predecessor period from January 29, 2007 to August 29, 2007 includes 30 weeks and 3 days. All other fiscal years reported include 52 weeks.

(2) For the purposes of calculating the ratio of earnings to fixed charges, earnings consist of income from continuing operations before provision for income taxes plus fixed charges. Fixed charges include cash and non-cash interest expense, whether expensed or capitalized, amortization of debt issuance cost, amortization of the THD Guarantee and the portion of rental expense representative of the interest factor.

(3) For fiscal years ended January 29, 2012, January 30, 2011, January 31, 2010, and February 1, 2009 and the period from August 30, 2007 to February 3, 2008, our earnings were insufficient to cover fixed charges by $440 million, $556 million, $657 million, $1,436 million and $227 million, respectively.